Almaden Minerals Ltd. (NYSEAMERICAN:AAU) (TSE:AMM) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totalling 1,534,261 shares, a decline of 6.4% from the April 15th total of 1,639,010 shares. Based on an average daily volume of 109,655 shares, the days-to-cover ratio is currently 14.0 days.

NYSEAMERICAN AAU opened at $0.45 on Friday. Almaden Minerals has a one year low of $0.44 and a one year high of $0.90.

Almaden Minerals (NYSEAMERICAN:AAU) (TSE:AMM) last issued its quarterly earnings results on Thursday, March 14th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.

Several institutional investors have recently modified their holdings of the company. Global Strategic Management Inc. acquired a new position in shares of Almaden Minerals during the fourth quarter worth about $4,669,000. Renaissance Technologies LLC acquired a new position in shares of Almaden Minerals during the first quarter worth about $73,000. Finally, Close Asset Management Ltd increased its stake in shares of Almaden Minerals by 715.9% during the fourth quarter. Close Asset Management Ltd now owns 38,346 shares of the basic materials company’s stock worth $2,222,000 after acquiring an additional 33,646 shares during the period.

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About Almaden Minerals

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. Its principal property is the Ixtaca project located in Puebla State, Mexico.

Further Reading: Market Capitalization and Individual Investors

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