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

Shares of Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) rose 18.2% during mid-day trading on Monday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 149,310 shares changed hands during mid-day 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 Performance

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 stock’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 capitalization of C$9.61 million, a P/E ratio of -0.15 and a beta of 1.11.

About Almaden Minerals

(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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