Golden Minerals Company [AUMN] stock is up 7.27 while the S&P 500 has fallen -1.17% on Wednesday, 11/18/20. While at the time of this article, AUMN ATR is sitting at 0.03, with the beta value at 1.14. This stock’s volatility for the past week remained at 5.95%, while it was 7.04% for the past 30-day period. AUMN has risen $0.03 from the previous closing price of $0.45 on volume of 1.99 million shares.

On 17, November 2020, Golden Minerals Receives Final Environmental Permits for Rodeo Gold Project; Company on Track for January 2021 Gold Production. According to news published on Yahoo Finance, Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) is pleased to announce it has received final environmental permits for its Rodeo gold-silver project located in Durango State, Mexico. The Company is presently on track to begin gold production in January 2021, which will mark the transition of Golden Minerals to gold producer from precious metals exploration company.

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, the middling Wall Street analyst 12-month amount mark is $1.00. At the most recent market close, shares of Golden Minerals Company [AMEX:AUMN] were valued at $0.48.

FUNDAMENTAL ANALYSIS

Golden Minerals Company [AMEX:AUMN] most recently reported quarterly sales of 2.15 billion, which represented growth of 10.50%. 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 66.80%, its Operating Margin is -85.80%, 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 0.4613 points at 1st support level, the second support level is making up to 0.4403. But as of 1st resistance point, this stock is sitting at 0.4941 and at 0.5059 for 2nd resistance point.

Golden Minerals Company [AUMN] reported its earnings at -$0.01 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.01/share signifying the difference of 0 and 0.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.02 calling estimates for -$0.03/share with the difference of 0.01 depicting the surprise of 33.30%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Golden Minerals Company [AMEX:AUMN] is 6.30. 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 SENTIENT GLOBAL RESOURCES FUND, 10% Owner, and it was the sale of 0.23 million shares on Oct 30. SENTIENT GLOBAL RESOURCES FUND, the 10% Owner, completed a sale of 31700.0 shares on Oct 29. On Oct 27, SENTIENT GLOBAL RESOURCES FUND, 10% Owner, completed a sale of 1.61 million shares.