Let’s start up with the current stock price of Almaden Minerals Ltd. (AAU), which is $0.56 to be very precise. The Stock rose vividly during the last session to $0.53 after opening rate of $0.50 while the lowest price it went was recorded $0.49 before closing at $0.51.
Recently in News on December 21, 2020, Almaden Provides Update on Permitting for Ixtaca Precious Metals Project, Mexico. Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) has received notification (the “notification”) from the Mexican federal permitting authority, Secretaría de Medio Ambiente y Recursos Naturales (“SEMARNAT”) that the Company’s initial environmental permit application (“MIA”) in respect of the Ixtaca project has not received approval. Almaden originally submitted the MIA in early 2019. You can read further details here
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Almaden Minerals Ltd. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.6200 on 01/12/21, with the lowest value was $0.4751 for the same time period, recorded on 01/04/21.
Almaden Minerals Ltd. (AAU) full year performance was -3.97%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Almaden Minerals Ltd. shares are logging -54.59% during the 52-week period from high price, and 165.49% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.21 and $1.24.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 5113193 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Almaden Minerals Ltd. (AAU) recorded performance in the market was 9.74%, having the revenues showcasing -39.08% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 63.52M, as it employees total of 12 workers.
Analysts verdict on Almaden Minerals Ltd. (AAU)
During the last month, 2 analysts gave the Almaden Minerals Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.8209, with a change in the price was noted -0.1550. In a similar fashion, Almaden Minerals Ltd. posted a movement of -21.09% for the period of last 100 days, recording 1,155,046 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AAU is recording 0.04 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.04.
Almaden Minerals Ltd. (AAU): Technical Analysis
Raw Stochastic average of Almaden Minerals Ltd. in the period of last 50 days is set at 16.46%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 36.52%. In the last 20 days, the company’s Stochastic %K was 23.74% and its Stochastic %D was recorded 20.50%.
Let’s take a glance in the erstwhile performances of Almaden Minerals Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 9.74%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -2.68%, alongside a downfall of -3.97% for the period of the last 12 months. The shares increased approximately by 5.06% in the 7-day charts and went up by -26.27% in the period of the last 30 days. Common stock shares were lifted by -39.08% during last recorded quarter.