Minera Alamos (CVE:MAI) PT Lowered to C$0.60 at National Bankshares

Minera Alamos (CVE:MAI) had its target price lowered by National Bankshares from C$0.70 to C$0.60 in a research note published on Friday morning, BayStreet.CA reports.

Minera Alamos Trading Down 4.9 %

Minera Alamos stock opened at C$0.29 on Friday. The stock has a market cap of C$134.28 million, a P/E ratio of 29.00 and a beta of 1.31. Minera Alamos has a 1 year low of C$0.26 and a 1 year high of C$0.44. The company has a debt-to-equity ratio of 0.77, a current ratio of 5.86 and a quick ratio of 3.89. The firm’s 50 day moving average price is C$0.30 and its 200-day moving average price is C$0.31.

About Minera Alamos

Minera Alamos Inc, a junior mining and exploration company, acquires, explores for, and develops mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. Its property portfolio includes 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; 100% owned Cerro de Oro project covering an area of 6,500 hectares situated in Zacatecas, Mexico; and 100% owned La Fortuna project covering an area of 6,100 hectares located in Durango State, Mexico.