Shares of Minera Alamos Inc. (CVE:MAI - Get Free Report) traded down 24.5% during trading on Friday . The stock traded as low as C$0.36 and last traded at C$0.36. 7,736,001 shares were traded during trading, an increase of 1,137% from the average session volume of 625,215 shares. The stock had previously closed at C$0.47.
Analysts Set New Price Targets
MAI has been the topic of a number of analyst reports. Desjardins upgraded shares of Minera Alamos to a "moderate buy" rating in a research report on Monday, April 28th. National Bank Financial raised Minera Alamos to a "strong-buy" rating in a research note on Sunday, May 4th.
Get Our Latest Stock Analysis on Minera Alamos
Minera Alamos Trading Down 2.8%
The company has a debt-to-equity ratio of 21.24, a quick ratio of 3.89 and a current ratio of 4.26. The stock's 50-day simple moving average is C$0.39 and its 200-day simple moving average is C$0.36. The firm has a market capitalization of C$162.38 million, a PE ratio of -11.50 and a beta of 1.37.
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.
Recommended Stories
Before you consider Minera Alamos, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Minera Alamos wasn't on the list.
While Minera Alamos currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.