Almaden Minerals (TSE:AMM) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.09 and traded as low as C$0.06. Almaden Minerals shares last traded at C$0.06, with a volume of 9,525 shares trading hands.

Almaden Minerals Trading Down 14.3 %

The company has a debt-to-equity ratio of 131.70, a current ratio of 7.47 and a quick ratio of 23.78. The stock’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.09. The company has a market cap of C$8.23 million, a P/E ratio of -0.13 and a beta of 1.11.

About Almaden Minerals

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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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