Minera Alamos Inc. (CVE:MAI) Director Purchases C$41,250.00 in Stock

Minera Alamos Inc. (CVE:MAI) Director Doug Ramshaw purchased 150,000 shares of Minera Alamos stock in a transaction on Thursday, December 12th. The stock was bought at an average price of C$0.28 per share, for a total transaction of C$41,250.00.

Minera Alamos Stock Performance

Shares of CVE MAI opened at C$0.28 on Friday. Minera Alamos Inc. has a 52-week low of C$0.23 and a 52-week high of C$0.44. The company has a market cap of C$129.44 million, a P/E ratio of -9.17 and a beta of 1.37. The firm’s fifty day moving average is C$0.34 and its two-hundred day moving average is C$0.31. The company has a debt-to-equity ratio of 21.24, a quick ratio of 3.89 and a current ratio of 4.26.

Analysts Set New Price Targets

Separately, Desjardins upgraded shares of Minera Alamos to a “moderate buy” rating in a report on Thursday, October 31st.

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.