Minera Alamos (CVE:MAI) Shares Down 1.4% – Here’s What Happened

Shares of Minera Alamos Inc. (CVE:MAI) fell 1.4% during mid-day trading on Friday . The stock traded as low as C$0.34 and last traded at C$0.35. 143,392 shares were traded during mid-day trading, a decline of 64% from the average session volume of 397,226 shares. The stock had previously closed at C$0.35.

Minera Alamos Stock Down 1.4 %

The business has a 50-day moving average of C$0.34 and a 200 day moving average of C$0.32. The company has a market capitalization of C$162.38 million, a PE ratio of -11.50 and a beta of 1.37. The company has a debt-to-equity ratio of 21.24, a current ratio of 4.26 and a quick ratio of 3.89.

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.