Alacer Gold (TSE:ASR) Stock Price Down 0.9% – Should You Sell?

Alacer Gold Corp (TSE:ASRGet Free Report) dropped 0.9% during mid-day trading on Tuesday . The company traded as low as C$9.42 and last traded at C$9.47. Approximately 4,591,753 shares were traded during mid-day trading, an increase of 223% from the average daily volume of 1,421,350 shares. The stock had previously closed at C$9.56.

Alacer Gold Stock Down 0.9 %

The business’s 50-day moving average is C$9.47. The stock has a market capitalization of C$2.79 billion and a P/E ratio of 17.16. The company has a current ratio of 2.79, a quick ratio of 1.88 and a debt-to-equity ratio of 30.22.

About Alacer Gold

(Get Free Report)

Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the Copler gold mine that is located in the Erzincan Province, east-central Turkey. The company is based in Denver, Colorado.

Recommended Stories

Receive News & Ratings for Alacer Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alacer Gold and related companies with MarketBeat.com's FREE daily email newsletter.