Golden Minerals Company [AUMN] shares are up more than 97.46% this year and recently increased 0.04% or $0.02 to settle at $0.45. AUMN has a short ratio of 2.79. This implies that the market is currently less bullish on the outlook for AUMN.

On 26, August 2020, Golden Minerals Drills 24m Grading 6.7 g/t Au at its Rodeo Gold Project, Durango, Mexico. According to news published on Yahoo Finance, Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced it has received a second set of assay results from its resource definition drill program at the Rodeo gold-silver project located in Durango State, Mexico.

Analyst Birdseye View:

The most recent analyst activity for Golden Minerals Company [AMEX:AUMN] stock was on October 09, 2014, when it was Upgrade with a Buy rating from ROTH Capital, which also lowered its 12-month price target on the stock from $1.30 to $1.15. Before that, on July 17, 2015, ROTH Capital Recapitulated a Neutral rating and elevated its amount target to $0.40. On August 25, 2014, H.C. Wainwright Initiated a Buy rating and boosted its price target on this stock to $1.80. On December 12, 2011, Rodman & Renshaw Initiated a Mkt outperform rating and increased its price target to $13.63.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.13 and a peak of $0.58. Right now, according to Wall Street analyst the average 12-month amount target is $0.98. At the most recent market close, shares of Golden Minerals Company [AMEX:AUMN] were valued at $0.45.

FUNDAMENTAL ANALYSIS

Golden Minerals Company [AMEX:AUMN] most recently reported quarterly sales of 1.22 billion, which represented growth of -40.00%. This publicly-traded organization’s revenue is $45,471 per employee, while its income is -$31,682 per employee. This company’s Gross Margin is currently 65.50%, its Operating Margin is -96.00%, its Pretax Margin is -69.22, and its Net Margin is -69.68. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -41.43, -81.37, -124.08 and -81.37 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 2.06 and the whole liability to whole assets at 0.88.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 0.4297 points at 1st support level, the second support level is making up to 0.4093. But as of 1st resistance point, this stock is sitting at 0.4617 and at 0.4733 for 2nd resistance point.

Golden Minerals Company [AUMN] reported its earnings at -$0.02 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.03/share signifying the difference of 0.01 and 33.30% surprise value.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Golden Minerals Company [AMEX:AUMN] is 1.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.04. Now if looking for a valuation of this stock’s amount to sales ratio it’s 4.05 and it’s amount to book ratio is 5.91.

Insider Stories

The most recent insider trade was by VOGELS ROBERT P, Senior VP and CFO, and it was the purchase of 52998.0 shares on Apr 28. Rehn Warren, the President and CEO, completed a purchase of 14000.0 shares on Apr 27. On Apr 24, Rehn Warren, President and CEO, completed a purchase of 10000.0 shares.