4. As of noon trading, Allied Nevada Gold ( ANV) is down $1.12 (-6.2%) to $17.04 on heavy volume Thus far, 1.2 million shares of Allied Nevada Gold exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $16.95-$17.95 after having opened the day at $17.93 as compared to the previous trading day's close of $18.16.

Allied Nevada Gold Corp., a gold and silver producer, focuses on the mining, development, and exploration of properties in Nevada. The company's principal products include unrefined gold and silver bars. Allied Nevada Gold has a market cap of $1.6 billion and is part of the basic materials sector. The company has a P/E ratio of 34.5, above the S&P 500 P/E ratio of 17.7. Shares are down 40.4% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Allied Nevada Gold a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Allied Nevada Gold as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and weak operating cash flow. Get the full Allied Nevada Gold Ratings Report now.

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