Almaden Minerals Stock Analysis

Almaden Stock Analysis Notes

The company has price-to-book (P/B) ratio of 1.77. Some equities with similar Price to Book (P/B) outperform the market in the long run. Almaden Minerals recorded a loss per share of 0.46. The entity had not issued any dividends in recent years. The firm had 1:670 split on the 20th of November 2008. Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. The company was founded in 1980 and is headquartered in Vancouver, Canada. ALMADEN MINERALS operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 9 people. For more info on Almaden Minerals please contact PEng MSc at 604 689 7644 or go to https://www.almadenminerals.com.

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Almaden Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.55 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 those looking for more risk prefer small-cap and mid-cap equities.

Almaden Profitablity

Management Efficiency

Almaden Minerals has return on total asset (ROA) of (0.9412) % which means that it has lost $0.9412 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.7675) %, meaning that it generated substantial loss on money invested by shareholders. Almaden Minerals' management efficiency ratios could be used to measure how well Almaden Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to -4.76. In addition to that, Return On Capital Employed is likely to grow to -0.34. At this time, Almaden Minerals' Intangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Intangibles To Total Assets is likely to grow to 0.0004, while Total Assets are likely to drop about 12.1 M.

Technical Drivers

As of the 23rd of November, Almaden Minerals shows the Mean Deviation of 3.58, downside deviation of 15.29, and Risk Adjusted Performance of 0.016. Almaden Minerals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Almaden Minerals Price Movement Analysis

Almaden Minerals Outstanding Bonds

Almaden Minerals Predictive Daily Indicators

Almaden Minerals Forecast Models

Almaden Minerals' time-series forecasting models are one of many Almaden Minerals' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Almaden Minerals' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Almaden Minerals prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Almaden shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Almaden Minerals. By using and applying Almaden Stock analysis, traders can create a robust methodology for identifying Almaden entry and exit points for their positions.

Almaden Minerals financial ratios help investors to determine whether Almaden Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Almaden with respect to the benefits of owning Almaden Minerals security.