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Minera Alamos (CVE:MAI) Stock Price Down 1.4% - Here's What Happened

Minera Alamos logo with Basic Materials background

Shares of Minera Alamos Inc. (CVE:MAI - Get Free Report) dropped 1.4% during trading on Friday . The company traded as low as C$0.34 and last traded at C$0.35. Approximately 143,392 shares traded hands during trading, a decline of 64% from the average daily volume of 397,226 shares. The stock had previously closed at C$0.35.

Minera Alamos Stock Up 2.9 %

The company's 50-day simple moving average is C$0.34 and its two-hundred day simple moving average is C$0.32. The firm has a market capitalization of C$167.09 million, a P/E ratio of -11.83 and a beta of 1.37. The company has a debt-to-equity ratio of 21.24, a current ratio of 4.26 and a quick ratio of 3.89.

About Minera Alamos

(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.

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