Minera Alamos (CVE:MAI) Sets New 12-Month Low at $0.24

Minera Alamos Inc. (CVE:MAI)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.24 and last traded at C$0.24, with a volume of 278000 shares traded. The stock had previously closed at C$0.25.

Minera Alamos Price Performance

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 business’s 50 day moving average price is C$0.28 and its two-hundred day moving average price is C$0.31. The stock has a market cap of C$111.12 million, a P/E ratio of -24.00 and a beta of 1.32.

Insiders Place Their Bets

In other Minera Alamos news, Director Robert Bruce Durham sold 250,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of C$0.27, for a total transaction of C$67,500.00. 5.11% of the stock is currently owned by company insiders.

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.