Alacer Gold Corp

ASR-T

Analysis and Opinions about ASR-T

Signal
Opinion
Expert
PARTIAL SELL
PARTIAL SELL
October 23, 2019
The 3rd largest holding in his portfolio. They have seen the mines in Turkey and were impressed. The area is a danger zone with recent fighting and the stock has taken a hit. The mine is far enough away from the fighting so he thinks it will not be impacted. He paid just over $2 per share and is considering a partial sell here. His target is near $6.50.
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Alacer Gold Corp (ASR-T)
October 23, 2019
The 3rd largest holding in his portfolio. They have seen the mines in Turkey and were impressed. The area is a danger zone with recent fighting and the stock has taken a hit. The mine is far enough away from the fighting so he thinks it will not be impacted. He paid just over $2 per share and is considering a partial sell here. His target is near $6.50.
PAST TOP PICK
PAST TOP PICK
August 16, 2019
(A Top Pick Aug 02/18, Up 116%) Has been a great play. Has mines in Turkey. Had zero debt and was developing its mines. There is political risk, but the mine is located far enough from the action. Has come online under budget and on time. Could go up more, and could hit the double digits.
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Alacer Gold Corp (ASR-T)
August 16, 2019
(A Top Pick Aug 02/18, Up 116%) Has been a great play. Has mines in Turkey. Had zero debt and was developing its mines. There is political risk, but the mine is located far enough from the action. Has come online under budget and on time. Could go up more, and could hit the double digits.
PAST TOP PICK
PAST TOP PICK
October 22, 2018

(A Top Pick Nov. 3/17, Up 11%) They came in on time and under budget with the expansion. It has a lot of potential. They have debt that they had to take on to expand.

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Alacer Gold Corp (ASR-T)
October 22, 2018

(A Top Pick Nov. 3/17, Up 11%) They came in on time and under budget with the expansion. It has a lot of potential. They have debt that they had to take on to expand.

TOP PICK
TOP PICK
August 2, 2018

They have been doing a major expansion in their mine in Turkey. They are on time and under budget. They took on debt but still have cash. Management knows what they are doing. They could have a very fat bottom line. He sees a $6 target. (Analysts’ target: $3.43).

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They have been doing a major expansion in their mine in Turkey. They are on time and under budget. They took on debt but still have cash. Management knows what they are doing. They could have a very fat bottom line. He sees a $6 target. (Analysts’ target: $3.43).

BUY
BUY
March 6, 2018

They are hitting their targets. When he bought them, they had no debts but they have taken on some to expand. They are bringing on their expansion under budget. There is concern about political risk but the mine is far from the danger zone. Once they get the mine running, they expect to pay down their debt. They also hope to give a dividend, though he thinks that will take a while. His sell target is $6.

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They are hitting their targets. When he bought them, they had no debts but they have taken on some to expand. They are bringing on their expansion under budget. There is concern about political risk but the mine is far from the danger zone. Once they get the mine running, they expect to pay down their debt. They also hope to give a dividend, though he thinks that will take a while. His sell target is $6.

DON'T BUY
DON'T BUY
March 5, 2018

100k oz producer in Turkey. Their mine is starting to wind down and they are they are entering their next phase of growth. They will be moving to 200k oz of production. These types of projects take years to ramp up. There won’t be a lot of cash flow for a year or two. They used debt.

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100k oz producer in Turkey. Their mine is starting to wind down and they are they are entering their next phase of growth. They will be moving to 200k oz of production. These types of projects take years to ramp up. There won’t be a lot of cash flow for a year or two. They used debt.

BUY
BUY
February 27, 2018

It is in his portfolio with a target price of 6 and change. He expects to meet with management in a week. They keep reporting in terms of the amount of gold they have in the ground--it keeps increasing. Management generally completes developments of their deposits on time and within budget. His concern is that they have taken on significant debt. Once they ramp up, he thinks the price should ramp up. He thinks this is the best gold company on his list.

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Alacer Gold Corp (ASR-T)
February 27, 2018

It is in his portfolio with a target price of 6 and change. He expects to meet with management in a week. They keep reporting in terms of the amount of gold they have in the ground--it keeps increasing. Management generally completes developments of their deposits on time and within budget. His concern is that they have taken on significant debt. Once they ramp up, he thinks the price should ramp up. He thinks this is the best gold company on his list.

TOP PICK
TOP PICK
November 3, 2017

Has 2 major knocks against it. Based in Turkey and has about $120 million in debt. They’re expanding their copper play and making money. The balance sheet is going to get murkier, but they are coming in on a mine expansion, on time and under budget. Feels it could triple from here. (Analysts' price target is $3.15.)

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Alacer Gold Corp (ASR-T)
November 3, 2017

Has 2 major knocks against it. Based in Turkey and has about $120 million in debt. They’re expanding their copper play and making money. The balance sheet is going to get murkier, but they are coming in on a mine expansion, on time and under budget. Feels it could triple from here. (Analysts' price target is $3.15.)

PAST TOP PICK
PAST TOP PICK
June 8, 2017

(Top Pick Jan 20/16, Up 2%) There is geopolitical risk. They have now gone into a credit line. Management has managed to do the project on time and on-budget. It should add 20 years of mine life to the company when it is completed. He thinks it has a lot of upside.

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(Top Pick Jan 20/16, Up 2%) There is geopolitical risk. They have now gone into a credit line. Management has managed to do the project on time and on-budget. It should add 20 years of mine life to the company when it is completed. He thinks it has a lot of upside.

PAST TOP PICK
PAST TOP PICK
April 3, 2017

(Top Pick Jan 20/16, Up 32%) Based in Turkey. He bought it when they had no debt and now they have $350 Million in debt. They are expanding and managed to hit their targets. The expansion could give them 20 years more of life. Gold has been relatively stable recently.

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(Top Pick Jan 20/16, Up 32%) Based in Turkey. He bought it when they had no debt and now they have $350 Million in debt. They are expanding and managed to hit their targets. The expansion could give them 20 years more of life. Gold has been relatively stable recently.

PAST TOP PICK
PAST TOP PICK
February 7, 2017

(A Top Pick Dec 1/15. Up 13.62%.) Just reported earnings and revenues were down 42%, but they are expanding their copper play in Turkey. They have about $215 million and about $320 million lined up. Thinks it is a good play and will go up over $6. This company is really good at hitting targets.

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Alacer Gold Corp (ASR-T)
February 7, 2017

(A Top Pick Dec 1/15. Up 13.62%.) Just reported earnings and revenues were down 42%, but they are expanding their copper play in Turkey. They have about $215 million and about $320 million lined up. Thinks it is a good play and will go up over $6. This company is really good at hitting targets.

TOP PICK
TOP PICK
August 5, 2016

Gold. One of the big dangers about this company is that it is in Turkey. He doesn’t think that is going to impact them because it is not where the fighting is going on. They have US$311 million in the till. Have done a financing for $350 million, so are looking to expand their project. Made about $12 million last quarter. Good management. He could see this doubling.

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Gold. One of the big dangers about this company is that it is in Turkey. He doesn’t think that is going to impact them because it is not where the fighting is going on. They have US$311 million in the till. Have done a financing for $350 million, so are looking to expand their project. Made about $12 million last quarter. Good management. He could see this doubling.

SELL
SELL

(Market Call Minute.)

COMMENT
COMMENT
June 28, 2016

They have the financing in place for their copper deposits in Turkey. They are now producing gold. Management has really been doing what they said they would do. He sees how this could go up a long way from here. He likes the company.

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They have the financing in place for their copper deposits in Turkey. They are now producing gold. Management has really been doing what they said they would do. He sees how this could go up a long way from here. He likes the company.

PAST TOP PICK
PAST TOP PICK
March 1, 2016

(A Top Pick March 26/15. Up 0.75%.) Their one and only mine is located in Turkey. A lot of people question about investing in Turkey. The company has about US$360 million in the bank, with no debt. Have a line of credit for US$250 million, because they want to expand their play in Turkey to extend the mine life. Doesn’t like that the balance sheet is going to get messy to some degree, but management has been good at hitting targets. His initial Sell target is $6.84 and he still likes it. Still a Buy.

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(A Top Pick March 26/15. Up 0.75%.) Their one and only mine is located in Turkey. A lot of people question about investing in Turkey. The company has about US$360 million in the bank, with no debt. Have a line of credit for US$250 million, because they want to expand their play in Turkey to extend the mine life. Doesn’t like that the balance sheet is going to get messy to some degree, but management has been good at hitting targets. His initial Sell target is $6.84 and he still likes it. Still a Buy.

Showing 1 to 15 of 26 entries

Alacer Gold Corp(ASR-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Alacer Gold Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Alacer Gold Corp(ASR-T) Frequently Asked Questions

What is Alacer Gold Corp stock symbol?

Alacer Gold Corp is a Canadian stock, trading under the symbol ASR-T on the Toronto Stock Exchange (ASR-CT). It is usually referred to as TSX:ASR or ASR-T

Is Alacer Gold Corp a buy or a sell?

In the last year, 2 stock analysts published opinions about ASR-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is PARTIAL SELL. Read the latest stock experts' ratings for Alacer Gold Corp.

Is Alacer Gold Corp a good investment or a top pick?

Alacer Gold Corp was recommended as a Top Pick by Benj Gallander on 2019-10-23. Read the latest stock experts ratings for Alacer Gold Corp.

Why is Alacer Gold Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Alacer Gold Corp worth watching?

2 stock analysts on Stockchase covered Alacer Gold Corp In the last year. It is a trending stock that is worth watching.

What is Alacer Gold Corp stock price?

On 2020-07-09, Alacer Gold Corp (ASR-T) stock closed at a price of $10.02.