Almaden Minerals (TSE:AMM) Reaches New 52-Week High – Here’s Why

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.23 and last traded at C$0.23, with a volume of 190510 shares changing hands. The stock had previously closed at C$0.22.

Almaden Minerals Price Performance

The company has a debt-to-equity ratio of 137.04, a current ratio of 8.68 and a quick ratio of 23.78. The company has a market capitalization of C$28.19 million, a PE ratio of -0.44 and a beta of 1.11. The firm has a 50-day moving average of C$0.17 and a 200 day moving average of C$0.12.

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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