Alacer Gold (TSE:ASR) Stock Price Down 0.9% – What’s Next?

Alacer Gold Corp (TSE:ASRGet Free Report) shares were down 0.9% during trading on Tuesday . The company traded as low as C$9.42 and last traded at C$9.47. Approximately 4,591,753 shares changed hands 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 Performance

The firm’s fifty day simple moving average is C$9.47. The company has a current ratio of 2.79, a quick ratio of 1.88 and a debt-to-equity ratio of 30.22. The company has a market cap of C$2.79 billion and a price-to-earnings ratio of 17.16.

Alacer Gold Company Profile

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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.

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