Minera Alamos (OTCMKTS:MAIFF) Trading Up 3.2% – Still a Buy?

Minera Alamos Inc. (OTCMKTS:MAIFFGet Free Report)’s stock price shot up 3.2% during trading on Thursday . The stock traded as high as $4.52 and last traded at $4.4365. 153,225 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 219,017 shares. The stock had previously closed at $4.30.

Wall Street Analyst Weigh In

Separately, Scotiabank assumed coverage on Minera Alamos in a research note on Monday, June 15th. They set an “outperform” rating for the company. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Minera Alamos presently has an average rating of “Buy”.

View Our Latest Research Report on MAIFF

Minera Alamos Stock Performance

The business’s 50 day moving average price is $3.62 and its 200 day moving average price is $4.20.

Minera Alamos Company Profile

(Get Free Report)

Minera Alamos Inc is a Canada-based mineral exploration and development company focused on the acquisition, exploration, development and operation of gold properties in Mexico. The company’s core strategy centers on advancing low‐cost, open‐pit heap‐leach gold projects toward production, leveraging Mexico’s well‐established mining infrastructure and favorable regulatory environment. Headquartered in Vancouver, British Columbia, Minera Alamos trades on the OTC Marketplace under the symbol MAIFF.

Minera Alamos’ flagship asset is the Santana project in Sonora, where a fully permitted open‐pit, heap‐leach operation has been commissioned.

Further Reading

Receive News & Ratings for Minera Alamos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Minera Alamos and related companies with MarketBeat.com's FREE daily email newsletter.