Minera Alamos Inc. (CVE:MAI) Director Sells C$67,500.00 in Stock

Minera Alamos Inc. (CVE:MAI) Director Robert Bruce Durham sold 250,000 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of C$0.27, for a total transaction of C$67,500.00.

Minera Alamos Trading Down 3.4 %

CVE:MAI opened at C$0.29 on Friday. Minera Alamos Inc. has a 12 month low of C$0.26 and a 12 month high of C$0.44. The company has a current ratio of 4.56, a quick ratio of 3.89 and a debt-to-equity ratio of 17.73. The firm’s 50 day moving average is C$0.30 and its 200 day moving average is C$0.31. The stock has a market capitalization of C$131.95 million, a PE ratio of -28.50 and a beta of 1.32.

Wall Street Analyst Weigh In

Separately, National Bankshares cut their target price on Minera Alamos from C$0.70 to C$0.60 in a research note on Friday, April 19th.

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.