Doug Ramshaw Buys 150,000 Shares of Minera Alamos Inc. (CVE:MAI) Stock

Minera Alamos Inc. (CVE:MAI) Director Doug Ramshaw purchased 150,000 shares of the stock in a transaction on Thursday, December 12th. The shares were purchased at an average cost of C$0.28 per share, for a total transaction of C$41,250.00.

Minera Alamos Price Performance

Shares of Minera Alamos stock opened at C$0.28 on Friday. The company has a market capitalization of C$129.44 million, a price-to-earnings ratio of -9.17 and a beta of 1.37. The company has a quick ratio of 3.89, a current ratio of 4.26 and a debt-to-equity ratio of 21.24. The stock’s 50-day simple moving average is C$0.34 and its 200-day simple moving average is C$0.31. Minera Alamos Inc. has a 52 week low of C$0.23 and a 52 week high of C$0.44.

Analyst Upgrades and Downgrades

Separately, Desjardins upgraded shares of Minera Alamos to a “moderate buy” rating in a research note on Thursday, October 31st.

Minera Alamos Company Profile

Minera Alamos Inc engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. It holds 100% interests in the Santana project consists of 9 mining claims covering an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora; the Cerro de Oro project that includes an area of 6,500 hectares situated in Zacatecas, Mexico; and the La Fortuna project covering an area of approximately 6,100 hectares located in Durango State, Mexico, as well as the Los Verdes property located in the State of Sonora, Mexico.