Short Interest in Minera Alamos Inc. (OTCMKTS:MAIFF) Grows By 51.6%

Minera Alamos Inc. (OTCMKTS:MAIFF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 42,900 shares, an increase of 51.6% from the August 15th total of 28,300 shares. Based on an average daily trading volume, of 1,004,000 shares, the short-interest ratio is currently 0.0 days.

Minera Alamos Stock Performance

Shares of Minera Alamos stock opened at $0.22 on Monday. The company has a fifty day simple moving average of $0.20 and a 200-day simple moving average of $0.23. Minera Alamos has a 12-month low of $0.16 and a 12-month high of $0.32.

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.