November 23, 2016 - By Ruchi Gupta · 0 Comments
The stock of Almaden Minerals Limited (NYSEMKT:AAU) registered an increase of 17.53% in short interest. AAU’s total short interest was 1.30 million shares in November as published by FINRA. Its up 17.53% from 1.10M shares, reported previously. With 149,800 shares average volume, it will take short sellers 9 days to cover their AAU’s short positions. The short interest to Almaden Minerals Limited’s float is 1.71%. The stock increased 2.69% or $0.03 on November 22, hitting $1.15. Almaden Minerals Ltd. (USA) (NYSEMKT:AAU) has declined 1.71% since April 21, 2016 and is downtrending. It has underperformed by 7.04% the S&P500.
Almaden Minerals Ltd. is exploration- and development-stage firm and is engaged in the exploration and development of exploration and evaluation properties in Canada, the United States and Mexico. The company has a market cap of $92.77 million. The Firm is engaged in the business of the acquisition of mineral properties. It currently has negative earnings. The Company’s principal property interest includes the Tuligtic Property/Project-Mexico.
Another recent and important Almaden Minerals Ltd. (USA) (NYSEMKT:AAU) news was published by Investingnews.com which published an article titled: “5 Top TSX Stocks: First Quantum Minerals Up Nearly 50 Percent” on December 25, 2015.
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By Ruchi Gupta