Almaden Minerals (TSE:AMM) Sets New 1-Year Low – Here’s Why

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 2000 shares traded. The stock had previously closed at C$0.06.

Almaden Minerals Stock Performance

The firm has a market cap of C$6.86 million, a price-to-earnings ratio of -0.11 and a beta of 1.11. 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 business has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.08.

About Almaden Minerals

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Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Mexico. The company's principal asset comprises 100% interests in the Ixtaca gold-silver project located in Puebla State, Mexico. Almaden Minerals Ltd.

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