Minera Alamos Inc.

Minera Alamos Inc.verified

MAI.V

Price:

$0.305

Market Cap:

$143.56M

Minera Alamos Inc., a junior mining exploration company, acquires, explores for, and develops mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. Its principal property is the 100% owned Santana project consisting of 9 mining claims with an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora; 100% owned Cerro de Oro project covering an area of 6,500 hectares situated in Zacatecas, Mexico; and 100% owned La Fortuna project covering an area of 6,100 hectares located in Durango State, Mexico. The company was formerly known as Virgin Metals Inc. and changed its name to Minera Alamos Inc. in April 2014. Minera ...[Read more]

Industry

Gold

IPO Date

2006-07-04

Stock Exchange

TSXV

Ticker

MAI.V

The Current Ratio as of September 2024 (TTM) for Minera Alamos Inc. (MAI.V) is 4.26

According to Minera Alamos Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.26. This represents a change of -6.27% compared to the average of 4.54 of the last 4 quarters.

Minera Alamos Inc. (MAI.V) Historical Current Ratio (quarterly & annually)

How has MAI.V Current Ratio performed in the past?

The mean historical Current Ratio of Minera Alamos Inc. over the last ten years is 3.43. The current 4.26 Current Ratio has changed 12.30% with respect to the historical average. Over the past ten years (40 quarters), MAI.V's Current Ratio was at its highest in in the March 2021 quarter at 18.72. The Current Ratio was at its lowest in in the March 2015 quarter at 0.04.

Quarterly (TTM)
Annual

Average

3.43

Median

2.55

Minimum

0.09

Maximum

16.80

Minera Alamos Inc. (MAI.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Minera Alamos Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.28%

Maximum Annual Current Ratio = 16.80

Minimum Annual Increase = -82.82%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.5017.85%
20222.972.84%
20212.89-82.82%
202016.801.19%
20191.3084.77%
20180.70-76.71%
20173.03250.13%
20160.86-60.83%
20152.212.28%
20140.09-77.46%

Minera Alamos Inc. (MAI.V) Average Current Ratio

How has MAI.V Current Ratio performed in the past?

The current Current Ratio of Minera Alamos Inc. (MAI.V) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

3.12

5-year avg

5.49

10-year avg

3.43

Minera Alamos Inc. (MAI.V) Current Ratio vs. Peers

How is MAI.V’s Current Ratio compared to its peers?

Minera Alamos Inc.’s Current Ratio is greater than Golden Goliath Resources Ltd. (0.19), less than Metallic Minerals Corp. (11.09), less than Teuton Resources Corp. (48.39), greater than Klondike Gold Corp. (3.84), greater than Bear Creek Mining Corporation (0.19),

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