Alacer Gold (OTCMKTS:ALIAF) Lifted to “Buy” at Stifel Nicolaus

Stifel Nicolaus upgraded shares of Alacer Gold (OTCMKTS:ALIAF) from a hold rating to a buy rating in a report issued on Tuesday, The Fly reports.

Separately, Credit Suisse Group raised shares of Alacer Gold from a neutral rating to an outperform rating in a research report on Wednesday, February 5th.

Shares of ALIAF opened at $4.71 on Tuesday. Alacer Gold has a twelve month low of $2.39 and a twelve month high of $5.97.

About Alacer Gold

Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the Ãöpler gold mine that is located in the Erzincan Province, east-central Turkey. The company was incorporated in 1993 and is based in Denver, Colorado.

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