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ALLIED NEVADA GOLD CORP (ANV) [hlAlert]

Rating:
Buy ANV
down 97.90 %

ALLIED NEVADA GOLD CORP (ANV) rated Buy with price target $54.90 by Dahlman Rose

Posted on: Monday,  Apr 11, 2011  9:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy ALLIED NEVADA GOLD CORP (AMEX: ANV) on 04/11/2011, when the stock price was $41.07.
Since then, ALLIED NEVADA GOLD CORP has lost 97.91% as of 03/10/2015's recent price of $0.86.
If you would have followed this Dahlman Rose's recommendation on ANV, you would have lost 97.9% of your investment in 1429 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.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/11/2011 9:25 AM Buy
None
41.07 54.90
as of 12/30/2011
1 Week down  -5.78 %
1 Month down  -15.63 %
3 Months down  -15.44 %
1 YTD down  -26.27 %

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