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

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

Shares of OTCMKTS ALIAF opened at $4.68 on Tuesday. Alacer Gold has a 1 year low of $2.39 and a 1 year 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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