The latest update is out from Almaden Minerals ( (TSE:AMM) ).
Almaden Minerals Ltd. released its consolidated financial statements for the years ending December 31, 2024, 2023, and 2022, with an independent audit confirming their compliance with IFRS standards. The report highlights a revision in the 2023 and 2022 financial statements to correct the valuation of a gold loan payable. The company’s total assets decreased from $12.7 million in 2023 to $11.8 million in 2024, while liabilities increased, primarily due to the gold loan payable. This financial adjustment may impact Almaden’s financial strategy and stakeholder confidence moving forward.
More about Almaden Minerals
Almaden Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral properties, particularly gold and silver. The company is headquartered in Vancouver, Canada, and is involved in projects primarily in North America.
YTD Price Performance: 75.00%
Average Trading Volume: 86,779
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.08M
See more data about AMM stock on TipRanks’ Stock Analysis page.