At the time of writing, Golden Minerals Co [AUMN] stock is trading at $0.42, up 33.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AUMN shares have gain 42.21% over the last week, with a monthly amount drifted -20.86%, and not seem to be holding up well over a long-time horizon.
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On 27, March 2024, Golden Minerals Announces Return of El Quevar Silver Project. In a post published today on Yahoo Finance, Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) announced today that Barrick Gold Corporation (“Barrick”) notified the Company it is withdrawing from an Earn-In Agreement (the “Agreement”) on the El Quevar silver project (Salta province, Argentina) which the two parties signed in April 2020. The termination will be effective on April 20, 2024.
From an analyst’s perspective:
Golden Minerals Co [AMEX: AUMN] stock has seen the most recent analyst activity on July 17, 2015, when ROTH Capital downgraded its rating to a Neutral and also revised its price target to $0.40 from $0.90. Previously, ROTH Capital upgraded its rating to Buy on October 09, 2014, and dropped its price target to $1.15. On August 25, 2014, H.C. Wainwright initiated with a Buy rating and assigned a price target of $1.80 on the stock. Rodman & Renshaw started tracking the stock assigning a Mkt Outperform rating and suggested a price target of $13.63 on December 12, 2011.
For the past year, the stock price of Golden Minerals Co fluctuated between $0.26 and $7.00. Golden Minerals Co [AMEX: AUMN] shares were valued at $0.42 at the most recent close of the market.
Analyzing the AUMN fundamentals
According to Golden Minerals Co [AMEX:AUMN], the company’s sales were 12.00M for trailing twelve months, which represents an -93.46% plunge. Gross Profit Margin for this corporation currently stands at -0.12% with Operating Profit Margin at -0.62%, Pretax Profit Margin comes in at -0.77%, and Net Profit Margin reading is -0.77%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -2.13 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3467 points at the first support level, and at 0.2734 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4767, and for the 2nd resistance point, it is at 0.5334.
Golden Minerals Co [AUMN] reported earnings per share of -$0.21 for its fiscal quarter that ended on 6/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.5/share, meaning a difference of $0.29 and a surprise factor of 58.00%.
Ratios To Look Out For
It is important to note that Golden Minerals Co [AMEX:AUMN] has a current ratio of 1.54. As well, the Quick Ratio is 1.39, while the Cash Ratio is 0.66. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 1.16.
