Almaden Minerals (TSE:AMM) Shares Down 5.4% – What’s Next?

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU)’s share price dropped 5.4% during trading on Monday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 83,995 shares traded hands during trading, an increase of 41% from the average daily volume of 59,466 shares. The stock had previously closed at C$0.19.

Almaden Minerals Stock Down 8.1%

The business has a fifty day moving average of C$0.13 and a 200 day moving average of C$0.10. The company has a market capitalization of C$21.30 million, a PE ratio of -0.33 and a beta of 1.11. The company has a current ratio of 8.68, a quick ratio of 23.78 and a debt-to-equity ratio of 137.04.

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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