Minera Alamos Inc. (CVE:MAI) Director Buys C$41,250.00 in Stock

Minera Alamos Inc. (CVE:MAI) Director Doug Ramshaw acquired 150,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were bought at an average cost of C$0.28 per share, for a total transaction of C$41,250.00.

Minera Alamos Price Performance

MAI stock opened at C$0.28 on Friday. The business has a 50 day simple moving average of C$0.34 and a 200-day simple moving average of C$0.31. The company has a market capitalization of C$129.44 million, a P/E ratio of -9.17 and a beta of 1.37. Minera Alamos Inc. has a twelve month low of C$0.23 and a twelve month high of C$0.44. The company has a current ratio of 4.26, a quick ratio of 3.89 and a debt-to-equity ratio of 21.24.

Wall Street Analyst Weigh In

Separately, Desjardins raised shares of Minera Alamos to a “moderate buy” rating in a research report on Thursday, October 31st.

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.