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Almaden Minerals Ord Shs T.AMM

Alternate Symbol(s):  AAUAF

Almaden Minerals Ltd. is a Canada-based company, which is engaged in the business of exploring and developing mineral projects. The Company’s principal asset is the Ixtaca precious metals project located on its Tuligtic claim in Mexico. The Ixtaca precious metals project is located approximately 120 kilometers southeast of the Pachuca Mine, one of the gold and silver deposits in Mexico with a historic production of 1.4 billion ounces of silver and seven million ounces of gold. The Ixtaca deposit is also located in the industrial heart of Puebla State. The Ixtaca deposit hosts a probable reserve containing 1.38 million ounces of gold and 85.1 million ounces of silver, out of which approximately 73.1 million tons grading 0.59 g/t Au and 36.3 g/t Ag. It is also accessible from Mexico City and approximately 95 kilometers north of Puebla city.


TSX:AMM - Post by User

Post by R_J_on Nov 01, 2020 6:22am
184 Views
Post# 31819727

End of Month - October 2020

End of Month - October 2020End of the Month (EOM) report for October 2020 for Almaden Minerals Ltd.
[ On TSX AMM.TO,  on AMEX AAU ]
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AMM.TO closed on 10/39/2020 at C$ 1.26
AMM.TO closed on 09/30/2020 at C$ 1.14
AMM.TO closed on 08/31/2020 at C$ 0.91
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AMM.TO is up 10.5%, or 12-cents, for October.
AMM.TO is up 38.5%, or 35-cents, for September & October, together.
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Indexes
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Junior Gold Miners ETF [GDXJ], @ US$53.21, lost 3.9% in October. [12.0% above its MA(200) @ $47.50]                

Silver, @ US$23.65, gained 0.7%, or US$O.16, in October [18.2% above its MA(200) @ $20.01]

Gold, @ US$1,879.90 lost 0.8%, or US$15.60, in October. [6.0% above its MA(200) @ $1,773.77]

S&P 500 Index, @ 3269.9 lost 2.8% in October. [4.5% above its MA(200) @ 3129.4]
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Two Hundred Day Moving Average [MA(200)] stuff.
AMM.TO’s  MA(200) ended October at $O.74
AMM.TO is 70.3% avove its MA(200).
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News Release in October
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October 27th, 2020
Almaden Identifies New High Priority Exploration Target at the Ixtaca Property
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https://almadenminerals.com/wp-content/uploads/2020/10/AAU-10-27-20.pdf
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Who is the Big Cheese at AAU?
Duane Poliquin,   P. Eng., Chairman
Morgan Poliquin, P. Eng., Ph.D., President & CEO
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RJ
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