Almaden Minerals (TSE:AMM) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.12. Almaden Minerals shares last traded at C$0.11, with a volume of 64,500 shares trading hands.

Almaden Minerals Stock Performance

The company has a quick ratio of 23.78, a current ratio of 8.68 and a debt-to-equity ratio of 137.04. The stock has a fifty day moving average price of C$0.09 and a 200-day moving average price of C$0.07. The firm has a market cap of C$13.78 million, a price-to-earnings ratio of -0.21 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.

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