Alio Gold Inc. (ALO.TO) (TSE:ALO) Shares Up 2.1%

Alio Gold Inc. (ALO.TO) (TSE:ALO)’s share price shot up 2.1% on Monday . The company traded as high as C$1.97 and last traded at C$1.96. 201,497 shares traded hands during trading, an increase of 74% from the average session volume of 115,998 shares. The stock had previously closed at C$1.92.

Alio Gold Inc. (ALO.TO) Stock Performance

The stock has a 50 day moving average of C$1.96. The company has a debt-to-equity ratio of 47.69, a current ratio of 1.88 and a quick ratio of 0.28. The stock has a market cap of C$168.55 million and a price-to-earnings ratio of -1.19.

About Alio Gold Inc. (ALO.TO)

Alio Gold Inc, through its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral resource properties. The company primarily mines for gold and silver. It holds 100% interests in San Francisco open pit gold mine that covers an area of approximately 53,380 hectares situated in the north central portion of the state of Sonora, Mexico; Florida Canyon open pit mine covering an area of approximately 11,886 hectares located in Nevada, the United States; and Ana Paula property situated in the state of Guerrero, Mexico.