Almaden Minerals (TSE:AMM) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Almaden Minerals Ltd. (TSE:AMMGet Free Report) (NYSEMKT:AAU) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.08 and traded as high as C$0.12. Almaden Minerals shares last traded at C$0.12, with a volume of 25,300 shares.

Almaden Minerals Price Performance

The business has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.08. The company has a market cap of C$14.41 million, a PE ratio of -0.22 and a beta of 1.11. The company has a debt-to-equity ratio of 137.04, a current ratio of 8.68 and a quick ratio of 23.78.

About Almaden Minerals

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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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