Key Points
- Insider purchase: David Rodger Stewart acquired 120,000 shares on December 15 at C$0.44 each (C$52,800), increasing his holdings by 36.92% to 445,000 shares (≈C$195,800).
- Share performance and metrics: MAI opened at C$0.43 (up 2.4%), trading in a 12‑month range of C$0.25–C$0.50 with a market cap of ~C$460.3M, a current ratio of 4.26 and debt‑to‑equity of 21.24.
- Analyst view: The consensus rating is "Buy" with an average target of C$0.73, although recent reports from National Bankshares and Desjardins cut their price targets.
Minera Alamos Inc. (CVE:MAI - Get Free Report) insider David Rodger Stewart acquired 120,000 shares of Minera Alamos stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average price of C$0.44 per share, with a total value of C$52,800.00. Following the purchase, the insider directly owned 445,000 shares of the company's stock, valued at approximately C$195,800. This trade represents a 36.92% increase in their ownership of the stock.
Minera Alamos Trading Up 2.4%
Shares of MAI opened at C$0.43 on Tuesday. Minera Alamos Inc. has a twelve month low of C$0.25 and a twelve month high of C$0.50. The company has a current ratio of 4.26, a quick ratio of 3.89 and a debt-to-equity ratio of 21.24. The firm has a market capitalization of C$460.32 million, a P/E ratio of -6.23 and a beta of 1.04. The firm's 50-day moving average is C$0.41 and its two-hundred day moving average is C$0.39.
Analyst Ratings Changes
Several brokerages recently issued reports on MAI. National Bankshares reduced their price objective on Minera Alamos from C$0.65 to C$0.55 and set an "outperform" rating for the company in a report on Friday, September 19th. Desjardins dropped their price target on Minera Alamos from C$1.00 to C$0.90 and set a "buy" rating for the company in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of C$0.73.
View Our Latest Analysis on Minera Alamos
Minera Alamos Company Profile
(
Get Free Report)
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.
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