Minera Alamos’ (MAI) Outperform Overweight Rating Reiterated at National Bank Financial

Minera Alamos (CVE:MAI – Get Rating)‘s stock had its “outperform overweight” rating reaffirmed by research analysts at National Bank Financial in a report released on Tuesday, Zacks.com reports.

Separately, National Bankshares upped their price target on shares of Minera Alamos from C$1.00 to C$1.10 in a research report on Friday, January 7th.

CVE MAI opened at C$0.71 on Tuesday. The company has a market cap of C$316.77 million and a P/E ratio of -75.71. Minera Alamos has a 12 month low of C$0.49 and a 12 month high of C$0.73. The company has a debt-to-equity ratio of 0.06, a current ratio of 7.77 and a quick ratio of 7.38. The company has a 50-day moving average of C$0.60 and a 200-day moving average of C$0.56.

In other Minera Alamos news, Director Doug Ramshaw purchased 50,000 shares of Minera Alamos stock in a transaction on Thursday, February 17th. The shares were purchased at an average cost of C$0.53 per share, with a total value of C$26,500.00. Following the completion of the transaction, the director now directly owns 6,381,200 shares in the company, valued at approximately C$3,382,036.

About Minera Alamos (Get Rating)

Minera Alamos Inc, a junior mining exploration company, acquires, explores for, and develops mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. Its principal property is the 100% owned Santana project consisting of 9 mining claims with an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora.

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