Almaden Minerals (TSE:AMM) Hits New 12-Month Low – Time to Sell?

Almaden Minerals Ltd. (TSE:AMM) (NYSEMKT:AAU) shares hit a new 52-week low on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 43560 shares trading hands. The stock had previously closed at C$0.06.

Almaden Minerals Stock Down 25.0 %

The company has a debt-to-equity ratio of 131.70, a quick ratio of 23.78 and a current ratio of 7.47. The firm has a market capitalization of C$6.17 million, a PE ratio of -0.12 and a beta of 1.11. The business’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.09.

Almaden Minerals Company Profile

Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Mexico. The company's principal asset comprises 100% interests in the Ixtaca gold-silver project located in Puebla State, Mexico. Almaden Minerals Ltd.