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

Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) reached a new 52-week low on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 43560 shares changing hands. The stock had previously closed at C$0.06.

Almaden Minerals Price Performance

The stock has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.09. 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 has a market capitalization of C$6.86 million, a price-to-earnings ratio of -0.11 and a beta of 1.11.

About Almaden Minerals

(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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