Minera Alamos (CVE:MAI) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Minera Alamos (CVE:MAI) to a strong-buy rating in a research note issued to investors on Sunday morning,Zacks.com reports.

Separately, Desjardins raised Minera Alamos to a “moderate buy” rating in a research note on Monday, April 28th.

Minera Alamos Trading Up 5.7 %

Shares of Minera Alamos stock opened at C$0.37 on Friday. Minera Alamos has a twelve month low of C$0.23 and a twelve month high of C$0.44. The firm’s 50-day moving average price is C$0.34 and its 200 day moving average price is C$0.32. The company has a current ratio of 4.26, a quick ratio of 3.89 and a debt-to-equity ratio of 21.24. The firm has a market capitalization of C$174.15 million, a PE ratio of -12.33 and a beta of 1.37.

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.