Almaden Minerals Ltd.

Almaden Minerals Ltd.verified

AMM.TO

Price:

$0.07

Market Cap:

$9.61M

Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties. It primarily owns a 100% interest in the Ixtaca gold-silver project located in Puebla State, Mexico. The company was incorporated in 1980 and is headquartered in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

1996-08-13

Stock Exchange

TSX

Ticker

AMM.TO

The Current Ratio as of November 2024 (TTM) for Almaden Minerals Ltd. (AMM.TO) is 8.68

According to Almaden Minerals Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 8.68. This represents a change of 15.34% compared to the average of 7.52 of the last 4 quarters.

Almaden Minerals Ltd. (AMM.TO) Historical Current Ratio (quarterly & annually)

How has AMM.TO Current Ratio performed in the past?

The mean historical Current Ratio of Almaden Minerals Ltd. over the last ten years is 12.18. The current 8.68 Current Ratio has changed 7.02% with respect to the historical average. Over the past ten years (40 quarters), AMM.TO's Current Ratio was at its highest in in the June 2017 quarter at 62.84. The Current Ratio was at its lowest in in the December 2019 quarter at 2.94.

Quarterly (TTM)
Annual

Average

12.18

Median

10.06

Minimum

2.94

Maximum

26.18

Almaden Minerals Ltd. (AMM.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Almaden Minerals Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 202.42%

Maximum Annual Current Ratio = 26.18

Minimum Annual Increase = -81.43%

Minimum Annual Current Ratio = 2.94

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.08-66.99%
202218.40-3.29%
202119.03202.42%
20206.29113.96%
20192.94-39.49%
20184.86-81.43%
201726.18121.25%
201611.8342.90%
20158.28-53.75%
201417.9042.62%

Almaden Minerals Ltd. (AMM.TO) Average Current Ratio

How has AMM.TO Current Ratio performed in the past?

The current Current Ratio of Almaden Minerals Ltd. (AMM.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

14.50

5-year avg

10.55

10-year avg

12.18

Almaden Minerals Ltd. (AMM.TO) Current Ratio vs. Peers

How is AMM.TO’s Current Ratio compared to its peers?

Almaden Minerals Ltd.’s Current Ratio is greater than Mirasol Resources Ltd. (4.27), less than Minco Silver Corporation (22.30), greater than Radius Gold Inc. (3.17), less than Solitario Zinc Corp. (27.44), less than Entrée Resources Ltd. (17.51),

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