Almaden Minerals Ltd. (NYSEAMERICAN:AAU) Short Interest Up 1.2% in October

Almaden Minerals Ltd. (NYSEAMERICAN:AAU) (TSE:AMM) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,034,360 shares, an increase of 1.2% from the October 13th total of 2,009,814 shares. Based on an average trading volume of 202,805 shares, the days-to-cover ratio is currently 10.0 days. Approximately 2.1% of the company’s stock are sold short.

Almaden Minerals (NYSEAMERICAN AAU) traded down $0.02 during trading on Monday, hitting $0.86. The stock had a trading volume of 162,427 shares, compared to its average volume of 269,778. Almaden Minerals has a 52 week low of $0.75 and a 52 week high of $1.75.

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Almaden Minerals Company Profile

Almaden Minerals Ltd. is exploration- and development-stage company and is engaged in the exploration and development of exploration and evaluation properties in Canada, the United States and Mexico. The Company is engaged in the business of the acquisition of mineral properties. Its principal property interest includes the Tuligtic Property/Project-Mexico.

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