Minera Alamos Inc. (CVE:MAI – Get Rating) – Investment analysts at National Bank Financial reduced their FY2023 earnings estimates for shares of Minera Alamos in a note issued to investors on Wednesday, July 20th. National Bank Financial analyst J. Egilo now expects that the company will post earnings per share of $0.07 for the year, down from their previous forecast of $0.11. National Bank Financial currently has a "Outperform Overweight" rating on the stock. The consensus estimate for Minera Alamos' current full-year earnings is $0.07 per share.

Separately, National Bankshares reduced their price target on shares of Minera Alamos from C$1.10 to C$0.80 and set an "outperform" rating on the stock in a report on Thursday.

Minera Alamos Stock Performance

Insider Buying and Selling at Minera Alamos

In other Minera Alamos news, Director Doug Ramshaw bought 52,500 shares of Minera Alamos stock in a transaction dated Wednesday, June 22nd. The shares were purchased at an average cost of C$0.53 per share, for a total transaction of C$27,825.00. Following the acquisition, the director now directly owns 6,658,700 shares in the company, valued at approximately C$3,529,111.

About Minera Alamos

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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; 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.

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