Almaden Minerals (TSE:AMM) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.07 and traded as low as C$0.06. Almaden Minerals shares last traded at C$0.06, with a volume of 154,000 shares traded.

Almaden Minerals Price Performance

The firm has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07. The company has a debt-to-equity ratio of 131.70, a current ratio of 7.47 and a quick ratio of 23.78. The firm has a market capitalization of C$7.55 million, a PE ratio of -0.12 and a beta of 1.11.

Almaden Minerals Company Profile

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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

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