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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Alacer Gold Corp.    ASR   CA0106791084

ALACER GOLD CORP.

(ASR)
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Alacer Gold : - CORRECTION TO SUPPORTING DRILL INFORMATION FOR MAVIALTIN NEWS RELEASE DATED FEBRUARY 14, 2020

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03/09/2020 | 08:00am EDT

Toronto - Alacer Gold Corp. ('Alacer' or the 'Company') [TSX: ASR and ASX: AQG] issues a correction to the Supporting Drill Information for the Mavialtin Drill Results press release dated February 14, 2020.

The attached Supporting Drill Information includes the drilling intercepts.

Contact:

Lisa Maestas

Tel: +1303 292 1299

Alacer Gold Corp.

Supporting Drilling Information to Alacer Gold Announcement

This document provides supporting drill collar locations for the Blue Gold Belt drilling program referenced in the announcement 'Alacer Gold Reports Exploration Resultsfrom the Mavialtin Porphyry Belt in the Copler District' dated February 14, 2020.

Drill collar locations are surveyed in UTM Zone 37N, WGS 1984 grid for the 2018 and 2019 drill programs using differential GPS in units of meters. Prior to 2018, drill collar locations were surveyed in UTM Zone 37N, ED 1950 grid using differential GPS units of meters. All drilling was diamond core drilling with PQ, HQ and NQ core sizes. PQ is 85 mm, HQ is 63.5mm and NQ is 47.6 mm in diameter.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 590 M - -
Net income 2020 162 M - -
Net cash 2020 125 M - -
P/E ratio 2020 11,1x
Yield 2020 0,57%
Capitalization 1 972 M 1 970 M -
EV / Sales 2019
EV / Sales 2020 3,13x
Nbr of Employees 660
Free-Float 99,0%
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Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 6,83 $
Last Close Price 6,69 $
Spread / Highest target 39,2%
Spread / Average Target 2,14%
Spread / Lowest Target -15,2%
EPS Revisions
Managers
NameTitle
Rodney P. Antal President, CEO & Executive Director
Edward C. Dowling Chairman
Stewart Beckman Chief Operating Officer
Mark E. Murchison Chief Financial Officer
Richard P. Graff Independent Non-Executive Director
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