Almaden Minerals (NYSE:AAU) Now Covered by StockNews.com

Investment analysts at StockNews.com began coverage on shares of Almaden Minerals (NYSE:AAU – Get Rating) in a research note issued to investors on Thursday. The firm set a “sell” rating on the stock.

Almaden Minerals Stock Performance

Almaden Minerals stock opened at $0.12 on Thursday. The company has a market capitalization of $16.69 million, a price-to-earnings ratio of -2.00 and a beta of 0.93. The company has a current ratio of 23.80, a quick ratio of 23.80 and a debt-to-equity ratio of 0.06. Almaden Minerals has a twelve month low of $0.11 and a twelve month high of $0.28.

About Almaden Minerals

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Almaden Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties. It focuses on the operation of Ixtaca gold-silver deposit. The company was founded by James Duane Poliquin on February 1, 2002 and is headquartered in Vancouver, Canada.