Almaden Minerals (NYSEAMERICAN:AAU) Shares Pass Above 200 Day Moving Average of $0.00

Almaden Minerals Ltd. (NYSEAMERICAN:AAU) (TSE:AMM) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.66. Almaden Minerals shares last traded at $0.66, with a volume of 1,758 shares.

Separately, National Bank Financial reaffirmed a “sector perform spec overwgt” rating on shares of Almaden Minerals in a report on Thursday, June 27th.

The stock has a fifty day moving average price of $0.74.

A hedge fund recently bought a new stake in Almaden Minerals stock. Bank of Montreal Can purchased a new position in shares of Almaden Minerals Ltd. (NYSEAMERICAN:AAU) (TSE:AMM) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 47,000 shares of the basic materials company’s stock, valued at approximately $28,000.

About Almaden Minerals (NYSEAMERICAN:AAU)

Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. The company primarily explores for gold, silver, and copper deposits. It holds a 100% interest in its principal property, the Ixtaca (Tuligtic) project that covers an area of approximately 7,200 hectares located in Puebla State, Mexico.

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