The stock of Almaden Minerals Ltd. (AAU) has gone up by 3.71% for the week, with a 7.56% rise in the past month and a 6.76% rise in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are 2.65% for AAU. The simple moving average for the past 20 days is 3.60% for AAU’s stock, with a 6.13% simple moving average for the past 200 days.
Is It Worth Investing in Almaden Minerals Ltd. (AMEX: AAU) Right Now?
Additionally, the 36-month beta value for AAU is 1.05. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AAU is 131.98M and currently, short sellers hold a 0.26% ratio of that float. The average trading volume of AAU on April 04, 2024 was 204.18K shares.
AAU) stock’s latest price update
Almaden Minerals Ltd. (AMEX: AAU)’s stock price has dropped by -3.01 in relation to previous closing price of 0.15. Nevertheless, the company has seen a gain of 3.71% in its stock price over the last five trading days. GlobeNewsWire reported 2021-10-07 that VANCOUVER, British Columbia, Oct. 07, 2021 (GLOBE NEWSWIRE) — Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) is pleased to report initial results from the first hole drilled in 2021 in the Southeast Alteration Zone (“SE Alteration Zone”) of the Ixtaca property in Puebla State, Mexico. Drilling at Ixtaca has been planned to take a phased approach and will initially focus on targets established at the SE Alteration Zone which is located approximately one kilometre from the Ixtaca deposit area (See Figure 1).
AAU Trading at 5.87% from the 50-Day Moving Average
After a stumble in the market that brought AAU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.49% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares surge +6.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.29% upper at present.
During the last 5 trading sessions, AAU rose by +4.50%, which changed the moving average for the period of 200-days by +13.76% in comparison to the 20-day moving average, which settled at $0.1406. In addition, Almaden Minerals Ltd. saw 0.14% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AAU
The total capital return value is set at -0.29. Equity return is now at value -119.10, with -104.40 for asset returns.
Based on Almaden Minerals Ltd. (AAU), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at -0.33. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is -5.95.
Currently, EBITDA for the company is -4.44 million with net debt to EBITDA at -0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.10.
Conclusion
In conclusion, Almaden Minerals Ltd. (AAU) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
