Desjardins Upgrades Minera Alamos (CVE:MAI) to Moderate Buy

Minera Alamos (CVE:MAI) was upgraded by analysts at Desjardins to a “moderate buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports. Desjardins also issued estimates for Minera Alamos’ FY2025 earnings at $0.08 EPS, FY2026 earnings at $0.24 EPS and FY2027 earnings at $0.36 EPS.

Minera Alamos Stock Performance

MAI opened at C$0.36 on Monday. The firm has a market cap of C$167.09 million, a P/E ratio of -11.83 and a beta of 1.37. The business’s fifty day moving average is C$0.34 and its 200-day moving average is C$0.32. Minera Alamos has a 52-week low of C$0.23 and a 52-week high of C$0.44. The company has a debt-to-equity ratio of 21.24, a quick ratio of 3.89 and a current ratio of 4.26.

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.