Almaden Minerals (TSE:AMM) Sets New 12-Month High – Still a Buy?

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) hit a new 52-week high on Monday . The company traded as high as C$0.24 and last traded at C$0.24, with a volume of 45850 shares. The stock had previously closed at C$0.23.

Almaden Minerals Stock Performance

The stock has a fifty day simple moving average of C$0.18 and a 200-day simple moving average of C$0.12. The stock has a market cap of C$29.44 million, a P/E ratio of -0.46 and a beta of 1.11. The company has a debt-to-equity ratio of 137.04, a quick ratio of 23.78 and a current ratio of 8.68.

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.

Further Reading

Receive News & Ratings for Almaden Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Almaden Minerals and related companies with MarketBeat.com's FREE daily email newsletter.