Shares of Minera Alamos Inc. (CVE:MAI) rose 10.9% on Friday, reaching a high of C$0.31. The stock had a trading volume of 559,561 shares, an increase of 124% from the average volume. The company has a current ratio of 5.86 and a debt-to-equity ratio of 0.77. Minera Alamos reported a negative net margin of 30.26% and a negative return on equity of 8.41%. The market capitalization of the company is C$141.22 million. The stock has a 50-day simple moving average of C$0.32 and a 200-day simple moving average of C$0.31. Analysts predict that Minera Alamos Inc. will post EPS of 0.007644 for the current fiscal year.
This increase in Minera Alamos' stock price is accompanied by a significant increase in trading volume, with 559,561 shares traded on Friday, a 124% increase from the average volume. The company has a current ratio of 5.86 and a debt-to-equity ratio of 0.77. Minera Alamos reported a negative net margin of 30.26% and a negative return on equity of 8.41%. The market capitalization of the company is C$141.22 million. The stock has a 50-day simple moving average of C$0.32 and a 200-day simple moving average of C$0.31.
Analysts predict that Minera Alamos Inc. will post EPS of 0.007644 for the current fiscal year. The stock has a 52-week low of C$0.20 and a 52-week high of C$0.39. The company's market capitalization is C$141.22 million.
Minera Alamos Inc. is a Canadian mining company with operations in Mexico. The company is focused on the development of its portfolio of advanced-stage projects, including the Santana gold project in Sonora, Mexico. The company's shares are listed on the Canadian Venture Exchange under the ticker symbol MAI.
The increase in Minera Alamos' stock price and trading volume reflects positive investor sentiment and confidence in the company's prospects. The company's focus on the development of its advanced-stage projects, including the Santana gold project, has attracted investor attention and contributed to the stock's recent performance.
Analysts predict that Minera Alamos Inc. will continue to see positive growth and development in the coming months, driven by the progress of its projects and the overall strength of the gold market. Investors will be closely watching the company's financial results and project updates for further insights into its performance and potential.