A Reversal for ALACER GOLD CORP ORDINARY SHARES (OTCMKTS:ALIAF) Is Near. The Stock Has Decrease in Shorts

April 17, 2018 - By Darrin Black

The stock of ALACER GOLD CORP ORDINARY SHARES (OTCMKTS:ALIAF) registered a decrease of 17.19% in short interest. ALIAF’s total short interest was 1.00 million shares in April as published by FINRA. Its down 17.19% from 1.21 million shares, reported previously. With 51,400 shares average volume, it will take short sellers 20 days to cover their ALIAF’s short positions. The short interest to ALACER GOLD CORP ORDINARY SHARES’s float is 0.35%.

It closed at $1.64 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Alacer Gold Corp., an intermediate gold mining company, engages in the mining, development, and exploration of mineral deposits in Turkey. The company has market cap of $458.55 million. It primarily holds an 80% interest in the Çpler gold mine that is located in the Erzincan Province, east-central Turkey. It has a 5.9 P/E ratio.

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