February 06 was a positive day for Alacer Gold Corp. (ASR:CA) as its stock finished the day having gained 5.57% to hit a price of $3.41 a share. The company reached a market cap of 1 billion and has 293.84 million shares outstanding. Alacer Gold Corp. is a component of the the S&P/TSX SmallCap Index.
1.02 million shares changed hands over the course of the day as compared to an average volume of 587,206 over the last 30 days for Alacer Gold Corp..
Alacer Gold Corp is a gold mining company. The group operates in one reportable operating segment consisting of mining, development, and exploration of mineral deposits in Turkey. It is focused on two parts of exploration: the Ã?opler District and Turkey Regional.. The company makes its home in Denver, CO, and is currently under the leadership of CEO Rod Antal.
Alacer Gold Corp. has hit a high of $3.25 and reached a low of $1.97 over its last year of trading. The stock’s 50-day SMA is now $2.51 and 200-day SMA is $2.40. As for its price valuations, the P/E ratio is at 0 and P/B is now 1.08.
The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.