Minera Alamos Inc. (OTCMKTS:MAIFF) Sees Significant Increase in Short Interest

Minera Alamos Inc. (OTCMKTS:MAIFF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 58,800 shares, a growth of 267.5% from the February 28th total of 16,000 shares. Based on an average trading volume of 505,800 shares, the short-interest ratio is currently 0.1 days.

Minera Alamos Price Performance

Shares of OTCMKTS:MAIFF traded up $0.00 during midday trading on Thursday, hitting $0.25. The stock had a trading volume of 273,243 shares, compared to its average volume of 208,511. Minera Alamos has a 12 month low of $0.16 and a 12 month high of $0.32. The business’s 50-day simple moving average is $0.23 and its 200-day simple moving average is $0.23.

About Minera Alamos

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.