Almaden Minerals Ltd.
New York Stock Exchange ArcaCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Morgan James Poliquin
- Full Time Employees
- 8
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1333 Johnston Street Vancouver BC Canada V6H 3R9
- IPO Date
- Dec 20, 2005
- CIK
- 0001015647
- Website
- almadenminerals.com
- Similar Companies
- Business
- Almaden Minerals Ltd. is a Canada-based mineral exploration company focused on the acquisition, exploration, evaluation, and development of precious metals properties, primarily the Ixtaca gold-silver deposit in Puebla State, Mexico; the company holds no current ownership of the Tuligtic project concessions following their retroactive termination by Mexican authorities but retains a 2% net smelter return royalty interest through a subsidiary and is actively pursuing international arbitration under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Founded in 1980 and headquartered in Vancouver, Canada, Almaden offers exploration services including extensive drilling programs exceeding 200,000 meters across over 500 holes that delineated multi-million ounce reserves of 1.39 million ounces gold and 85.2 million ounces silver at grades supporting robust economics with a net present value of US$310 million after-tax, rapid 1.9-year payback, and features like high-grade veins amenable to ore sorting, dry-stack tailings with no tailings dam, and neutralization of acid rock drainage via limestone hosting; the Ixtaca deposit targets broad vein systems with first six years averaging 152 g/t silver equivalent and 2 g/t gold equivalent head grades, alongside community benefits such as 420 jobs, $210 million in taxes, and enhanced local water infrastructure. Recent developments include the March 2025 filing of a US$1.06 billion damages claim memorial against Mexico at the International Centre for Settlement of Investment Disputes alleging unlawful expropriation, denial of fair treatment, and discrimination that blocked project advancement; securing up to US$9.5 million non-recourse litigation funding in June 2024 and entering a litigation management agreement with Almadex Minerals Ltd.; completing the sale of the Rock Creek Mill for US$9.7 million with final payment in July 2025; repaying a gold loan to Almadex in July 2025 via 1,553 ounces of physical gold bullion; reporting Q3 2025 financial strengthening with cash rising to $6.52 million and elimination of gold loan liabilities; a management transition in October 2025; and migrating its primary Canadian listing from the Toronto Stock Exchange to the TSX Venture Exchange in August 2025 to reduce costs and align with its arbitration-focused operations.
Company News
Almaden Files Form 20-F Documentation
Almaden Confirms Delisting from NYSE American Stock Exchange and Listing on OTCQB Marketplace
Almaden Provides Corporate Update
Almaden requests consultations with Mexico under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Almaden Announces Extension of Cure Period for NYSE American Listing
Almaden Reports on Legal Developments in Mexico Regarding Ministry of Economy Efforts to Deny Twenty Year-Old Ixtaca Mineral Title Applications
Almaden Obtains Provisional Injunction Relating to Decision of Ministry of the Economy
Almaden Provides Update on Prospect Drilling at Ixtaca
Almaden Provides Update on Field Activities at the Ixtaca Property
Almaden Provides Update on Drill Program at the Ixtaca Property
Almaden Adopts Human Rights Policy
Almaden Announces Commencement of Prospect Drilling at Ixtaca
Almaden Announces Passing of William J. Worrall, Q.C.
Almaden Announces Results of Annual General Meeting
Almaden Minerals: Waiting For The Permit To Soar
Almaden Provides Ixtaca Project Exploration Update
Almaden conducts IP geophysical program at Ixtaca
Almaden Encouraged By Court Decision
Almaden Appoints Kevin O'Kane and Alfredo Phillips to its Board of Directors
Almaden Minerals Ltd. Closes US$10.3 Million Registered Direct Offering