Minera Alamos Inc. (CVE:MAI - Get Free Report) shares rose 3.2% on Wednesday . The company traded as high as C$0.32 and last traded at C$0.32. Approximately 114,500 shares were traded during trading, a decline of 1% from the average daily volume of 115,775 shares. The stock had previously closed at C$0.31.
Wall Street Analyst Weigh In
Separately, Desjardins raised shares of Minera Alamos to a "moderate buy" rating in a research report on Thursday, October 31st.
View Our Latest Stock Analysis on MAI
Minera Alamos Trading Up 6.5 %
The business's 50 day moving average price is C$0.28 and its two-hundred day moving average price is C$0.30. The company has a current ratio of 4.26, a quick ratio of 3.89 and a debt-to-equity ratio of 21.24. The company has a market capitalization of C$155.32 million, a price-to-earnings ratio of -11.00 and a beta of 1.37.
Insider Transactions at Minera Alamos
In related news, Director Doug Ramshaw acquired 150,000 shares of the stock in a transaction dated Thursday, December 12th. The stock was bought at an average price of C$0.28 per share, for a total transaction of C$41,250.00. Corporate insiders own 5.11% of the company's stock.
Minera Alamos Company Profile
(
Get Free Report)
Minera Alamos Inc engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. It holds 100% interests in the Santana project consists of 9 mining claims covering an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora; the Cerro de Oro project that includes an area of 6,500 hectares situated in Zacatecas, Mexico; and the La Fortuna project covering an area of approximately 6,100 hectares located in Durango State, Mexico, as well as the Los Verdes property located in the State of Sonora, Mexico.
See Also
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