Minera Alamos Inc. (OTCMKTS:MAIFF – Get Rating) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 70,300 shares, an increase of 34.7% from the August 15th total of 52,200 shares. Based on an average trading volume of 411,900 shares, the days-to-cover ratio is currently 0.2 days.
Minera Alamos Price Performance
Minera Alamos stock remained flat at $0.37 during mid-day trading on Friday. 286,631 shares of the company were exchanged, compared to its average volume of 386,105. Minera Alamos has a 52 week low of $0.32 and a 52 week high of $0.58. The firm's 50-day moving average price is $0.37 and its 200 day moving average price is $0.43.
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Separately, National Bank Financial decreased their target price on Minera Alamos from C$1.10 to C$0.80 in a research report on Thursday, July 21st.
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; 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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