Minera Alamos (OTCMKTS:MAIFF) Trading 3.2% Higher – Time to Buy?

Shares of Minera Alamos Inc. (OTCMKTS:MAIFFGet Free Report) shot up 3.2% during mid-day trading on Thursday . The stock traded as high as $4.52 and last traded at $4.4365. Approximately 153,225 shares were traded during trading, a decline of 30% from the average session volume of 219,017 shares. The stock had previously closed at $4.30.

Wall Street Analysts Forecast Growth

Separately, Scotiabank assumed coverage on Minera Alamos in a research note on Monday, June 15th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Minera Alamos currently has a consensus rating of “Buy”.

Check Out Our Latest Stock Analysis on MAIFF

Minera Alamos Stock Up 4.6%

The stock has a fifty day moving average of $3.63 and a 200-day moving average of $4.21.

Minera Alamos Company Profile

(Get Free Report)

Minera Alamos Inc is a Canada-based mineral exploration and development company focused on the acquisition, exploration, development and operation of gold properties in Mexico. The company’s core strategy centers on advancing low‐cost, open‐pit heap‐leach gold projects toward production, leveraging Mexico’s well‐established mining infrastructure and favorable regulatory environment. Headquartered in Vancouver, British Columbia, Minera Alamos trades on the OTC Marketplace under the symbol MAIFF.

Minera Alamos’ flagship asset is the Santana project in Sonora, where a fully permitted open‐pit, heap‐leach operation has been commissioned.

Further Reading

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