Almaden Minerals Ltd. (AMEX:AAU) has a beta value of 1.02 and has seen 0.81 million shares traded in the last trading session. The company, currently valued at $56.67M, closed the last trade at $0.42 per share which meant it gained $0.01 on the day or 2.01% during that session. The AAU stock price is -195.24% off its 52-week high price of $1.24 and 14.29% above the 52-week low of $0.36. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.45 million shares traded. The 3-month trading volume is 561.38K shares.
Almaden Minerals Ltd. (AMEX:AAU) trade information
Sporting 2.01% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the AAU stock price touched $0.42 or saw a rise of 2.33%. Year-to-date, Almaden Minerals Ltd. shares have moved -10.08%, while the 5-day performance has seen it change 0.79%. Over the past 30 days, the shares of Almaden Minerals Ltd. (AMEX:AAU) have changed -4.46%. Short interest in the company has seen 1.03 million shares shorted with days to cover at 1.55.
Wall Street analysts have a consensus price target for the stock at $1.10, which means that the shares’ value could jump 61.82% from current levels. The projected low price target is $1.10 while the price target rests at a high of $1.10. In that case, then, we find that the current price level is -161.9% off the targeted high while a plunge would see the stock gain -161.9% from current levels.
Almaden Minerals Ltd. (AAU) estimates and forecasts
The company’s shares have lost -34.94% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -11.30% over the past 5 years.
Almaden Minerals Ltd. is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Almaden Minerals Ltd. (AMEX:AAU)’s Major holders
Insiders own 4.08% of the company shares, while shares held by institutions stand at 5.66% with a share float percentage of 5.90%. Investors are also buoyed by the number of investors in a company, with Almaden Minerals Ltd. having a total of 32 institutions that hold shares in the company. The top two institutional holders are Mirae Asset Global Investments Co., Ltd. with over 2.47 million shares worth more than $1.31 million. As of Mar 30, 2021, Mirae Asset Global Investments Co., Ltd. held 1.80% of shares outstanding.
The other major institutional holder is MMCAP International, Inc. SPC, with the holding of over 1.54 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $0.82 million and represent 1.12% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Silver Miners ETF and DFA Investment Dimensions-DFA Va International Small. As of Jun 29, 2021, the former fund manager holds about 2.09% shares in the company for having 2.87 million shares of worth $1.44 million while later fund manager owns 14000.0 shares of worth $8101.0 as of Apr 29, 2021, which makes it owner of about 0.01% of company’s outstanding stock.