Almaden Minerals (TSE:AMM) Sets New 52-Week Low – Time to Sell?

Shares of Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) reached a new 52-week low on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 725749 shares. The stock had previously closed at C$0.06.

Almaden Minerals Stock Down 10.0 %

The stock has a market cap of C$6.17 million, a P/E ratio of -0.10 and a beta of 1.11. The company has a current ratio of 7.47, a quick ratio of 23.78 and a debt-to-equity ratio of 131.70. The stock’s 50-day moving average is C$0.06 and its 200-day moving average is C$0.07.

Almaden Minerals Company Profile

(Get Free Report)

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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