Minera Alamos (OTCMKTS:MAIFF) Trading Up 5.9% – Time to Buy?

Minera Alamos Inc. (OTCMKTS:MAIFF)’s share price rose 5.9% during trading on Thursday . The stock traded as high as $0.20 and last traded at $0.20. Approximately 70,800 shares traded hands during trading, a decline of 61% from the average daily volume of 181,610 shares. The stock had previously closed at $0.19.

Minera Alamos Trading Down 1.0 %

The firm has a 50-day moving average price of $0.20 and a 200 day moving average price of $0.22.

Minera Alamos Company Profile

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.