Almaden Minerals (TSE:AMM) Reaches New 12-Month High – Should You Buy?

Shares of Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.23 and last traded at C$0.23, with a volume of 190510 shares trading hands. The stock had previously closed at C$0.22.

Almaden Minerals Stock Up 2.3%

The company has a market capitalization of C$28.19 million, a PE ratio of -0.44 and a beta of 1.11. The company has a debt-to-equity ratio of 137.04, a quick ratio of 23.78 and a current ratio of 8.68. The company’s 50-day moving average is C$0.17 and its 200 day moving average is C$0.12.

About Almaden Minerals

(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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