Insider Buying: Almaden Minerals Ltd. (AMM) Director Acquires 75,000 Shares of Stock
Almaden Minerals Ltd. (TSE:AMM) (NYSEMKT:AAU) Director James Duane Poliquin acquired 75,000 shares of the firm’s stock in a transaction dated Friday, August 25th. The shares were purchased at an average price of C$1.40 per share, with a total value of C$105,000.00.
Almaden Minerals Ltd. (TSE AMM) opened at 1.49 on Wednesday. The stock’s market cap is $149.01 million. Almaden Minerals Ltd. has a 12 month low of $1.01 and a 12 month high of $2.33. The company’s 50 day moving average price is $1.46 and its 200 day moving average price is $1.64.
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Several research analysts recently issued reports on AMM shares. Pi Financial cut their target price on Almaden Minerals from C$2.60 to C$2.40 in a research report on Friday, June 2nd. National Bank Financial reaffirmed an “outperform” rating and set a C$2.40 target price on shares of Almaden Minerals in a research report on Friday, June 2nd.
About Almaden Minerals
Almaden Minerals Ltd. is exploration- and development-stage company and is engaged in the exploration and development of exploration and evaluation properties in Canada, the United States and Mexico. The Company is engaged in the business of the acquisition of mineral properties. Its principal property interest includes the Tuligtic Property/Project-Mexico.
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