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Insider Buying: Minera Alamos Inc. (CVE:MAI) Director Acquires C$28,800.00 in Stock

Financial News Live ·  Mar 24, 2023 08:23

Minera Alamos Inc. (CVE:MAI – Get Rating) Director Doug Ramshaw bought 80,000 shares of the stock in a transaction on Friday, March 10th. The stock was purchased at an average cost of C$0.36 per share, for a total transaction of C$28,800.00.

Doug Ramshaw also recently made the following trade(s):

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  • On Thursday, March 16th, Doug Ramshaw bought 35,000 shares of Minera Alamos stock. The stock was purchased at an average cost of C$0.37 per share, for a total transaction of C$12,775.00.
  • On Friday, March 3rd, Doug Ramshaw bought 5,500 shares of Minera Alamos stock. The stock was purchased at an average cost of C$0.38 per share, for a total transaction of C$2,090.00.
  • On Friday, February 17th, Doug Ramshaw bought 50,000 shares of Minera Alamos stock. The stock was purchased at an average cost of C$0.39 per share, for a total transaction of C$19,250.00.
  • On Tuesday, February 14th, Doug Ramshaw bought 50,000 shares of Minera Alamos stock. The stock was purchased at an average cost of C$0.39 per share, for a total transaction of C$19,500.00.
  • On Monday, January 30th, Doug Ramshaw bought 12,500 shares of Minera Alamos stock. The stock was purchased at an average cost of C$0.42 per share, for a total transaction of C$5,250.00.
  • On Friday, January 27th, Doug Ramshaw acquired 22,000 shares of Minera Alamos stock. The stock was bought at an average cost of C$0.43 per share, for a total transaction of C$9,460.00.

Minera Alamos Price Performance

CVE MAI opened at C$0.40 on Friday. The stock's 50-day moving average price is C$0.40 and its 200-day moving average price is C$0.43. The company has a quick ratio of 3.89, a current ratio of 6.21 and a debt-to-equity ratio of 0.87. Minera Alamos Inc. has a 52 week low of C$0.36 and a 52 week high of C$0.73. The company has a market capitalization of C$180.78 million, a P/E ratio of 39.50 and a beta of 1.14.

Analyst Ratings Changes

Separately, National Bankshares raised their price objective on Minera Alamos from C$0.80 to C$0.85 and gave the stock an "outperform" rating in a research note on Friday, January 13th.

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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