Minera Alamos Inc. (OTCMKTS:MAIFF) Sees Large Decline in Short Interest

Minera Alamos Inc. (OTCMKTS:MAIFF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 20,600 shares, a drop of 86.5% from the November 30th total of 152,700 shares. Based on an average daily volume of 599,400 shares, the short-interest ratio is currently 0.0 days.

Minera Alamos Price Performance

Shares of MAIFF stock traded down $0.00 during trading hours on Friday, hitting $0.18. 126,296 shares of the company’s stock traded hands, compared to its average volume of 290,539. Minera Alamos has a 12-month low of $0.16 and a 12-month high of $0.32. The stock’s fifty day simple moving average is $0.23 and its two-hundred day simple moving average is $0.22.

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.