Minera Alamos (CVE:MAI) Upgraded by Desjardins to "Moderate Buy" Rating

Desjardins upgraded shares of Minera Alamos (CVE:MAI - Free Report) to a moderate buy rating in a research note released on Monday, April 28th,Zacks.com reports. Desjardins also issued estimates for Minera Alamos' FY2025 earnings at $0.08 EPS, FY2026 earnings at $0.24 EPS and FY2027 earnings at $0.36 EPS.

Minera Alamos Trading Up 1.4 %

Minera Alamos stock traded up C$0.01 during trading hours on Monday, reaching C$0.35. The company had a trading volume of 90,419 shares, compared to its average volume of 382,056. The company has a 50-day moving average price of C$0.34 and a 200 day moving average price of C$0.32. The firm has a market cap of C$164.74 million, a price-to-earnings ratio of -11.67 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. Minera Alamos has a 12-month low of C$0.23 and a 12-month high of C$0.44.

Minera Alamos Company Profile

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.