Almaden Minerals (TSE:AMM) Trading Up 18.2% – Time to Buy?

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

Almaden Minerals Stock Up 6.7 %

The company’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07. 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$10.98 million, a PE ratio of -0.17 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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