BMO Capital Markets decreased their price target on shares of Allied Nevada Gold Corp. (NYSEAMEX: ANV) from $22.50 to $18.00 in a research note issued on Friday.

Separately, analysts at RBC Capital cut their price target on shares of Allied Nevada Gold Corp. from $52.00 to $34.00 in a research note to investors on Tuesday, February 26th. They now have an “outperform” rating on the stock.

Allied Nevada Gold Corp. traded up 1.45% on Friday, hitting $18.14. Allied Nevada Gold Corp. has a 52-week low of $16.89 and a 52-week high of $41.02. The stock’s 50-day moving average is currently $22.08. The company has a market cap of $1.628 billion and a price-to-earnings ratio of 34.38.

Allied Nevada Gold Corp. (Allied Nevada) is a United States-based gold producer focused on mining, development, and exploration properties in the state of Nevada.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.