Almaden Minerals (TSE:AMM) Trading 18.2% Higher – Should You Buy?

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU)’s share price traded up 18.2% during trading on Monday . The company traded as high as C$0.07 and last traded at C$0.07. 149,310 shares were traded during trading, an increase of 170% from the average session volume of 55,382 shares. The stock had previously closed at C$0.06.

Almaden Minerals Stock Performance

The stock’s 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The company has a current ratio of 7.47, a quick ratio of 23.78 and a debt-to-equity ratio of 131.70. The company has a market capitalization of C$9.61 million, a price-to-earnings ratio of -0.15 and a beta of 1.11.

Almaden Minerals Company Profile

(Get Free Report)

Almaden Minerals Ltd is an exploration stage company and is engaged in the exploration and development of properties in Canada and Mexico. The company owns an interest in the Tuligtic project in Puebla State, Mexico. Tuligtic covers the Ixtaca Gold-Silver Deposit.

See Also

Receive News & Ratings for Almaden Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Almaden Minerals and related companies with MarketBeat.com's FREE daily email newsletter.