Almaden Minerals (TSE:AMM) Shares Pass Above 200 Day Moving Average – Should You Sell?

Almaden Minerals Ltd. (TSE:AMM) (NYSEMKT:AAU)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.13. Almaden Minerals shares last traded at C$0.11, with a volume of 18,100 shares changing hands.

Almaden Minerals Price Performance

The company has a debt-to-equity ratio of 137.04, a quick ratio of 23.78 and a current ratio of 8.68. The business has a 50-day simple moving average of C$0.10 and a 200 day simple moving average of C$0.07. The firm has a market cap of C$12.53 million, a P/E ratio of -0.19 and a beta of 1.11.

Almaden Minerals Company Profile

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.