Almaden Minerals (NYSEAMERICAN:AAU) Now Covered by

Equities research analysts at began coverage on shares of Almaden Minerals (NYSEAMERICAN:AAUGet Rating) (TSE:AMM) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the basic materials company’s stock.

Separately, Alliance Global Partners downgraded Almaden Minerals from a “buy” rating to a “neutral” rating in a report on Thursday, February 23rd.

Almaden Minerals Price Performance

AAU stock opened at $0.19 on Wednesday. The stock has a 50-day simple moving average of $0.23 and a two-hundred day simple moving average of $0.23. The firm has a market capitalization of $26.68 million, a PE ratio of -9.72 and a beta of 0.95. Almaden Minerals has a twelve month low of $0.19 and a twelve month high of $0.48. The company has a quick ratio of 26.92, a current ratio of 26.92 and a debt-to-equity ratio of 0.05.

Institutional Trading of Almaden Minerals

Hedge funds and other institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC purchased a new stake in Almaden Minerals in the 4th quarter worth approximately $119,000. Millennium Management LLC grew its position in Almaden Minerals by 587.9% in the 4th quarter. Millennium Management LLC now owns 485,878 shares of the basic materials company’s stock worth $119,000 after purchasing an additional 415,244 shares during the last quarter. HRT Financial LP bought a new position in shares of Almaden Minerals in the fourth quarter valued at approximately $64,000. Susquehanna International Group LLP lifted its stake in Almaden Minerals by 564.4% during the fourth quarter. Susquehanna International Group LLP now owns 233,188 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 198,088 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Almaden Minerals in the 4th quarter valued at approximately $28,000. 3.81% of the stock is currently owned by institutional investors and hedge funds.

Almaden Minerals Company Profile

(Get Rating)

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.

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