Minera Alamos Inc. (OTCMKTS:MAIFF – Get Free Report) fell 0.4% during mid-day trading on Thursday. The company traded as low as $3.63 and last traded at $3.7150. 25,406 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 208,369 shares. The stock had previously closed at $3.73.
Wall Street Analyst Weigh In
Separately, Scotiabank initiated coverage on shares of Minera Alamos in a report on Monday, June 15th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.
Check Out Our Latest Stock Report on Minera Alamos
Minera Alamos Stock Performance
Minera Alamos Company Profile
Minera Alamos Inc is a Canadian-based mining company focused on the acquisition, development and operation of gold projects in Mexico. Its activities include mineral exploration, project permitting, mine construction and the production of precious metals from open-pit, heap-leach operations.
The company’s principal assets include the Santana gold project in Sonora, the Cerro de Oro project in Zacatecas and the La Fortuna project in Sinaloa. Santana was developed as a low-cost, open-pit, heap-leach operation and has served as Minera Alamos’ initial production platform, while Cerro de Oro and La Fortuna provide additional opportunities for future gold development and production.
Minera Alamos has built its portfolio through the consolidation and advancement of Mexican gold properties, with a strategy centered on developing relatively low-capital, open-pit mining operations.
Read More
- Five stocks we like better than Minera Alamos
- Plexus Is Booming—But Can the Growth Story Last?
- Conagra’s Turnaround Is Starting to Show Up in the Numbers
- MarketBeat Week in Review – 09/28 – 10/02
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
Receive News & Ratings for Minera Alamos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Minera Alamos and related companies with MarketBeat.com's FREE daily email newsletter.
