Minera Alamos (CVE:MAI) Shares Down 1.4% - Here's Why

Minera Alamos Inc. (CVE:MAI - Get Free Report)'s stock price was down 1.4% 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.

Analyst Ratings Changes

Separately, Desjardins raised shares of Minera Alamos to a "moderate buy" rating in a research report on Monday.

Minera Alamos Trading Down 1.4 %

The company has a market cap of C$167.09 million, a P/E ratio of -11.83 and a beta of 1.37. The business's 50-day moving average price is C$0.34 and its 200 day moving average price is C$0.32. The company has a debt-to-equity ratio of 21.24, a quick ratio of 3.89 and a current ratio of 4.26.

About Minera Alamos

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.