Almaden Minerals (TSE:AMM) Stock Crosses Above 200 Day Moving Average – What’s Next?

Shares of Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.08 and traded as high as C$0.13. Almaden Minerals shares last traded at C$0.12, with a volume of 12,000 shares traded.

Almaden Minerals Trading Down 11.5 %

The stock’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.08. The stock has a market capitalization of C$14.41 million, a PE ratio of -0.22 and a beta of 1.11. The company has a debt-to-equity ratio of 137.04, a current ratio of 8.68 and a quick ratio of 23.78.

About Almaden Minerals

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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.

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