Minera Alamos (MAI) News Today

Minera Alamos Inc. (CVE:MAI) shares have been volatile this week as investors weigh a major acquisition against near-term profit-taking and analyst sell recommendations.

• Positive Sentiment: Minera Alamos agreed to acquire a producing gold complex from Equinox Gold in Nevada for US$115 million, while appointing Jason Kosec to its leadership team to drive strategic growth — a deal that expands MAI’s production base and could bolster future cash flow. MINERA ALAMOS ANNOUNCES ACQUISITION OF PRODUCING GOLD COMPLEX FROM EQUINOX
• Neutral Sentiment: Early trading saw a modest 2.1% pullback as the market digested the acquisition news and recalibrated MAI’s valuation. MAI Shares Down 2.1%
• Negative Sentiment: Shares plunged over 22% on reports of profit-taking and sell-side calls questioning the acquisition’s near-term impact on MAI’s balance sheet. MAI Stock Price Down 22.3%
• Negative Sentiment: In after-hours trading, the stock extended losses to 24.5% amid broader sector weakness and renewed “time to sell?” headlines. MAI Trading Down 24.5%