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Alacer Gold Corp (ASR.CA) Shares Cross Below Book Value
Wednesday, June 27, 12:31 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Alacer Gold Corp (ASR.CA) crossed below their last reported ...

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Alacer Gold Corp (ASR.CA) Shares Cross Below Book Value

By Canada Stock Channel Staff, Wednesday, June 27, 12:31 PM ET
Now Playing: The Importance of Book Value


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In trading on Wednesday, shares of Alacer Gold Corp (TSE:ASR.CA) crossed below their last reported book value — defined as common shareholder equity per share — of $5.13, changing hands as low as $4.99 per share. Alacer Gold Corp shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of ASR.CA shares, versus its 50 and 200 day moving averages:

Alacer Gold Corp Moving Averages Chart

Looking at the chart above, ASR.CA's low point in its 52 week range is $4.82 per share, with $12.66 as the 52 week high point — that compares with a last trade of $5.08.


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