Raymond James Remains a Buy on Alacer Gold (ASR)

Alacer Gold (ASRResearch Report), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Tara Hassan from Raymond James reiterated a Buy rating, with a C$3.15 price target.

Hassan has an average return of 11.4% when recommending Alacer Gold.

According to TipRanks.com, Hassan is ranked #4106 out of 5142 analysts.

Alacer Gold has an analyst consensus of Strong Buy, with a price target consensus of C$3.60.

The company has a one-year high of C$2.97 and a one-year low of C$1.97. Currently, Alacer Gold has an average volume of 492.2K.

Alacer Gold Corp. is a gold mining company, which engages in the exploration and development of mineral properties in Turkey. Its explorations include Copler District and Turkey Regional. The company was founded on September 20, 1993 and is headquartered in Denver, CO.

The company’s shares closed on Friday at C$2.60.

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