Minera Alamos Inc. (OTCMKTS:MAIFF – Get Free Report) fell 10.1% on Thursday. The company traded as low as $2.94 and last traded at $2.95. Approximately 107,994 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 199,062 shares. The stock had previously closed at $3.28.
Minera Alamos Price Performance
The stock has a 50 day simple moving average of $4.06 and a 200 day simple moving average of $4.08.
Minera Alamos Company Profile
Minera Alamos Inc is a Canadian-based mining company focused on the acquisition, exploration, development and operation of gold projects in Mexico. Its activities include advancing mine plans, permitting, construction and production, with an emphasis on low-cost, open-pit mining and heap-leach processing.
The company’s principal assets include the Santana gold project in Sonora, the Cerro de Oro project in Zacatecas and the La Fortuna project in Durango. These properties provide Minera Alamos with a portfolio spanning different stages of development, from exploration and permitting to mine development and operations.
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