Almaden Minerals (TSE:AMM) Sets New 12-Month Low – Here’s What Happened

Shares of Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 725749 shares trading hands. The stock had previously closed at C$0.06.

Almaden Minerals Trading Down 10.0 %

The firm’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The company has a market cap of C$6.17 million, a price-to-earnings ratio of -0.10 and a beta of 1.11. The company has a debt-to-equity ratio of 131.70, a current ratio of 7.47 and a quick ratio of 23.78.

Almaden Minerals Company Profile

(Get Free Report)

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.

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