Minera Alamos Inc. (OTCMKTS:MAIFF – Get Free Report) shares fell 10.1% on Thursday. The stock traded as low as $2.94 and last traded at $2.95. 107,994 shares traded hands during trading, a decline of 46% from the average daily volume of 199,062 shares. The stock had previously closed at $3.28.
Minera Alamos Stock Up 0.3%
The stock’s 50-day moving average price is $4.03 and its 200 day moving average price is $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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