Almaden Stock Today

AAU
 Stock
  

USD 0.23  0.01  4.55%   

Market Performance
0 of 100
Odds Of Distress
Less than 36
Almaden Minerals is selling for under 0.23 as of the 4th of July 2022; that is 4.55 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.22. Almaden Minerals has about a 36 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Almaden Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2022 and ending today, the 4th of July 2022. Click here to learn more.
CUSIP
020283107
Fiscal Year End
December
Business Domain
Materials
IPO Date
20th of December 2005
Category
Basic Materials
Classification
Materials
ISIN
CA0202833053
Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties. The company was incorporated in 1980 and is headquartered in Vancouver, Canada. Almaden Minerals operates under Gold classification in the United States and is traded on NYSEMKT Exchange. The company has 137.22 M outstanding shares of which 556.69 K shares are presently shorted by investors with about 1.07 days to cover. More on Almaden Minerals

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Follow Valuation Options Odds of Bankruptcy
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Almaden Minerals Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Almaden Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Almaden Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Almaden Minerals generated a negative expected return over the last 90 days
Almaden Minerals has some characteristics of a very speculative penny stock
Almaden Minerals has high historical volatility and very poor performance
Almaden Minerals was previously known as ALMADEN MINERALS LTD and was traded on NYSEMKT Exchange under the symbol AMMLF.
The company reported the last year's revenue of 303.4 K. Reported Net Loss for the year was (2.67 M) with profit before taxes, overhead, and interest of 483.38 K.
Almaden Minerals has about 10.17 M in cash with (1.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Almaden Minerals has a frail financial position based on the latest SEC disclosures
Latest headline from www.defenseworld.net: Almaden Minerals Now Covered by StockNews.com - Defense World
Older SymbolAMMLF
CEOMorgan Poliquin
Thematic IdeaIndustrial Metal Mining (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Almaden Minerals report their recommendations after researching Almaden Minerals' financial statements, talking to executives and customers, or listening in on Almaden Minerals' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Almaden Minerals. The Almaden consensus assessment is calculated by taking the average forecast from all of the analysts covering Almaden Minerals.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Almaden Minerals based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Almaden Minerals financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 3 - FrailDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares122.1 M137.2 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted41 M41.3 M
Slightly Down
Decreasing
Slightly volatile
Total Assets80.6 M87.2 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities7.6 MM
Significantly Up
Increasing
Slightly volatile
Current Assets11 M11.2 M
Fairly Down
Decreasing
Slightly volatile
Current Liabilities653 K590.7 K
Significantly Up
Decreasing
Very volatile
Total Debt3.8 M3.8 M
Fairly Up
Increasing
Slightly volatile
Return on Average Assets(0.0324)(0.03)
Significantly Down
Decreasing
Stable
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.00480.0045
Notably Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Almaden Minerals' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
Financial Strength
Almaden Minerals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Almaden Minerals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Almaden Minerals' financial leverage. It provides some insight into what part of Almaden Minerals' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Almaden Minerals' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Almaden Minerals deploys its capital and how much of that capital is borrowed.
Liquidity
Almaden Minerals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.78 M in debt with debt to equity (D/E) ratio of 0.05, which may show that the company is not taking advantage of profits from borrowing. Almaden Minerals has a current ratio of 18.65, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Almaden Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Almaden Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Almaden Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Almaden to invest in growth at high rates of return. When we think about Almaden Minerals' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(1.74 Million)Share
Almaden Minerals (AAU) is traded on NYSEMKT Exchange in USA. It is located in 1333 Johnston Street and employs 8 people. Almaden Minerals was previously known as ALMADEN MINERALS LTD and was traded on NYSEMKT Exchange under the symbol AMMLF. Almaden Minerals is listed under Industrial Metal Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with total capitalization of 31.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Almaden Minerals's market, we take the total number of its shares issued and multiply it by Almaden Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Almaden Minerals runs under Basic Materials sector within Gold industry. The entity has 137.22 M outstanding shares of which 556.69 K shares are presently shorted by investors with about 1.07 days to cover. Almaden Minerals has about 10.17 M in cash with (1.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Almaden Minerals Probability Of Bankruptcy
Ownership
Almaden Minerals holds a total of one hundred thirty-seven million two hundred twenty thousand outstanding shares. Almaden Minerals shows 3.9 percent if its outstanding shares held by insiders and 3.9 percent owned by other corporate entities . Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Almaden Ownership Details

Almaden Stock Price Odds Analysis

What are Almaden Minerals' target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of Almaden Minerals jumping above the current price in 90 days from now is about 89.72%. The Almaden Minerals probability density function shows the probability of Almaden Minerals stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.18. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Almaden Minerals will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Almaden Minerals is significantly underperforming DOW.
  Odds Below 0.23HorizonTargetOdds Above 0.23
10.23%90 days
 0.23 
89.72%
Based on a normal probability distribution, the odds of Almaden Minerals to move above the current price in 90 days from now is about 89.72 (This Almaden Minerals probability density function shows the probability of Almaden Stock to fall within a particular range of prices over 90 days) .

Almaden Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Almaden Minerals that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Almaden Minerals' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Almaden Minerals' value.
InstituionSecurity TypeTotal SharesValue
Mirae Asset Global Investments Co LtdCommon Shares2.6 M948 K
Bank Of America CorpCommon Shares700 K251 K
Susquehanna International Group LlpCall Options76.8 K28 K
View Almaden Minerals Diagnostics

Almaden Minerals Historical Income Statement

Almaden Minerals Income Statement is one of the three primary financial statements used for reporting Almaden's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Almaden Minerals revenue and expense. Almaden Minerals Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Almaden Minerals Gross Profit is comparatively stable at the moment as compared to the past year. Almaden Minerals reported Gross Profit of 198,389 in 2021. Revenues is likely to gain to about 212.2 K in 2022, whereas Net Income is likely to drop (2.9 M) in 2022. View More Fundamentals

Almaden Stock Against Markets

Picking the right benchmark for Almaden Minerals stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Almaden Minerals stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Almaden Minerals is critical whether you are bullish or bearish towards Almaden Minerals at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Almaden Minerals without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Almaden Minerals Corporate Directors

Almaden Minerals corporate directors refer to members of an Almaden Minerals board of directors. The board of directors generally takes responsibility for the Almaden Minerals' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Almaden Minerals' board members must vote for the resolution. The Almaden Minerals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William Worrall - Independent DirectorProfile
Joseph Montgomery - Independent DirectorProfile
Gerald Carlson - Independent DirectorProfile
David Strang - DirectorProfile

Investing Almaden Minerals

You need to understand the risk of investing before taking a position in Almaden Minerals. The danger of trading Almaden Minerals is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Almaden Minerals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Almaden Minerals. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Almaden Minerals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Almaden Minerals information on this page should be used as a complementary analysis to other Almaden Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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Is Almaden Minerals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Almaden Minerals. If investors know Almaden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Almaden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
31.5 M
Return On Assets
-0.033
Return On Equity
-0.0339
The market value of Almaden Minerals is measured differently than its book value, which is the value of Almaden that is recorded on the company's balance sheet. Investors also form their own opinion of Almaden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Almaden Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Almaden Minerals' market value can be influenced by many factors that don't directly affect Almaden Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Almaden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine Almaden Minerals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almaden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.