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Enter Symbol:
 
ALLIED NEVADA GOLD CORP (ANV) [hlAlert]

Rating:
Sector Underperform
ANV
up 530.23 %

ALLIED NEVADA GOLD CORP (ANV) rated Sector Underperform by CIBC Wrld Mkts

Posted on: Wednesday,  Jul 10, 2013  9:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Underperform ALLIED NEVADA GOLD CORP (AMEX: ANV) on 07/10/2013, when the stock price was
$5.42. Since then, ALLIED NEVADA GOLD CORP has lost 84.13% as of 03/10/2015's recent price of $0.86.
If you would have followed this CIBC Wrld Mkts's recommendation on ANV, you would have gained 530.23% of your investment in 608 days.

Allied Nevada Gold Corp. (Allied Nevada) is a development-stage company. The Company commenced operations as an independent, newly formed entity on May 10, 2007 upon completion of the transactions pursuant to the Arrangement Agreement, prior to which it had been a wholly-owned subsidiary of Vista Gold Corp. (Vista). Allied Nevada is engaged in the evaluation, acquisition, exploration and advancement of gold exploration and development projects in the state of Nevada. The Company?s operating segments are Hycroft Mine, Exploration properties, and other.The Hycroft Mine operating segment contains the exploration and operational activities at its wholly owned Hycroft mine located in Nevada. The exploration properties segment contains the exploration and development activities on the remaining mineral properties owned by the Company. The other operating segment primarily contains the corporate overhead functions of the Company.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2013 9:25 AM Sell
None
5.42
as of 12/13/2013
1 Week down  -7.81 %
1 Month up  13.57 %
3 Months up  28.04 %
1 YTD up  38.92 %

(*) Stock Price at the time of the recommendation.
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