Minera Alamos Inc. (CVE:MAI – Get Free Report)’s share price dropped 6% during trading on Friday . The company traded as low as C$0.31 and last traded at C$0.32. Approximately 1,124,843 shares changed hands during trading, an increase of 268% from the average daily volume of 305,347 shares. The stock had previously closed at C$0.34.
Minera Alamos Price Performance
The company has a debt-to-equity ratio of 21.24, a current ratio of 4.26 and a quick ratio of 3.89. The stock has a 50 day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.32. The company has a market cap of C$148.26 million, a price-to-earnings ratio of -10.50 and a beta of 1.37.
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.
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