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Recommendation Rating

2

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2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.4

Low: 0.4

High: 0.4

Total Analysts: 1

Company Profile

Almaden Minerals Ltd. is a Canada-based company, which is engaged in the business of exploring and developing mineral projects and its principal asset is the Ixtaca precious metals project located on its Tuligtic claim in Mexico. The Ixtaca deposit gold and silver mineralization occurs as electrum, a gold/silver alloy and gold and silver bearing sulfides in epithermal veins and veinlets cutting carbonate (limestone and shale) and volcanic rocks. The Company owns 100% of the Ixtaca project in Puebla State, Mexico, subject to a 2.0% net smelter return (NSR) royalty held by Almadex Minerals Ltd. The Ixtaca deposit hosts a probable reserve containing approximately 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.

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