Alacer Gold (TSE:ASR) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Alacer Gold Corp (TSE:ASRGet Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$9.84. Alacer Gold shares last traded at C$9.47, with a volume of 4,591,753 shares changing hands.

Alacer Gold Stock Performance

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

About Alacer Gold

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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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