Almaden Minerals Stock Today
Equity ratings for Almaden Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 20th of December 2005 | Category Basic Materials |
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RefreshAlmaden 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. 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.
| CEO President | PEng MSc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Almaden Minerals' liquidity, profitability, solvency, and operating efficiency, Almaden Minerals is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of Almaden Minerals is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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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.
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Almaden Minerals (AAU) is traded on NYSE MKT Exchange in USA and employs 8 people. Almaden Minerals is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 20.1 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 Minerals runs under Metals & Mining sector within Materials industry. The entity has 137.22 M outstanding shares of which 345.28 K shares are presently shorted by investors with about 1.85 days to cover.
Almaden Minerals has about 8.09 M in cash with (1.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Almaden Minerals Probability Of Bankruptcy
Almaden Minerals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Almaden Minerals market risk premium is the additional return an investor will receive from holding Almaden Minerals long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Almaden Minerals. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Almaden Minerals' alpha and beta are two of the key measurements used to evaluate Almaden Minerals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4425 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.47 | |||
| Risk Adjusted Performance | 0.0528 |
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. Please also check how Almaden Minerals' historical prices are related to one of the top price index indicators.
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Almaden Minerals Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Almaden Minerals stock to make a market-neutral strategy. Peer analysis of Almaden Minerals could also be used in its relative valuation, which is a method of valuing Almaden Minerals by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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 Director | Profile | |
| Joseph Montgomery | Independent Director | Profile | |
| Gerald Carlson | Independent Director | Profile | |
| David Strang | Director | Profile |
How to buy Almaden Stock?
Before investing in Almaden Minerals, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Almaden Minerals. To buy Almaden Minerals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Almaden Minerals. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Almaden Minerals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Almaden Minerals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Almaden Minerals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Almaden Minerals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested 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 Sharpe 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.
When determining whether Almaden Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Almaden Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Almaden Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Almaden Minerals Stock: Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Almaden Stock analysis
When running Almaden Minerals' price analysis, check to measure Almaden Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Almaden Minerals is operating at the current time. Most of Almaden Minerals' value examination focuses on studying past and present price action to predict the probability of Almaden Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almaden Minerals' price. Additionally, you may evaluate how the addition of Almaden Minerals to your portfolios can decrease your overall portfolio volatility.
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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.
Earnings Share (0.07) | Return On Assets (0.94) | Return On Equity (1.66) |
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 if Almaden Minerals is a good investment 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.