Minera Alamos Inc. (CVE:MAI - Get Free Report)'s share price traded down 9.2% during mid-day trading on Tuesday . The company traded as low as C$0.33 and last traded at C$0.35. 1,700,753 shares were traded during trading, an increase of 239% from the average session volume of 501,868 shares. The stock had previously closed at C$0.38.
Analyst Upgrades and Downgrades
Several research analysts have commented on MAI shares. National Bank Financial upgraded shares of Minera Alamos to a "strong-buy" rating in a research report on Sunday, May 4th. Desjardins raised Minera Alamos to a "moderate buy" rating in a report on Monday, April 28th.
Get Our Latest Analysis on MAI
Minera Alamos Price Performance
The business has a fifty day moving average price of C$0.36 and a 200 day moving average price of C$0.33. The company has a debt-to-equity ratio of 21.24, a current ratio of 4.26 and a quick ratio of 3.89. The company has a market capitalization of C$162.38 million, a price-to-earnings ratio of -11.50 and a beta of 1.37.
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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