Short Interest in Minera Alamos Inc. (OTCMKTS:MAIFF) Grows By 51.6%

Minera Alamos Inc. (OTCMKTS:MAIFF) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 42,900 shares, an increase of 51.6% from the August 15th total of 28,300 shares. Based on an average daily volume of 1,004,000 shares, the days-to-cover ratio is currently 0.0 days.

Minera Alamos Stock Up 8.4 %

Shares of Minera Alamos stock traded up $0.02 during midday trading on Monday, reaching $0.22. 708,300 shares of the company’s stock traded hands, compared to its average volume of 277,840. Minera Alamos has a 52 week low of $0.16 and a 52 week high of $0.32. The company’s 50 day simple moving average is $0.20 and its 200 day simple moving average is $0.23.

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.