Almaden Minerals (TSE:AMM) Shares Up 18.2% – Here’s What Happened

Shares of Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) were up 18.2% during trading on Monday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 149,310 shares changed hands during mid-day trading, an increase of 170% from the average daily volume of 55,382 shares. The stock had previously closed at C$0.06.

Almaden Minerals Stock Up 6.7 %

The stock’s fifty day moving average price is C$0.06 and its 200 day moving average price is C$0.07. 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 has a market cap of C$10.98 million, a P/E ratio of -0.17 and a beta of 1.11.

Almaden Minerals Company Profile

(Get Free Report)

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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