Golden Minerals
AUMN

$0.2699

9.73%

Market Cap: $4.06M

About: Golden Minerals Co is an exploration stage company engaged in the mining, construction, and exploration of precious metals and mineral properties. It owns and operates Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in or near historical precious metals producing regions of Mexico. The company's business is structured into two divisions, Mexico operations, and Corporate Exploration and Other.

Employees: 194

Materials Gold & Silver Mining

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 21 [Q1] → 21 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 6

0.22% less ownership

Funds ownership: 3.43% [Q1] → 3.21% (-0.22%) [Q2]

10% less capital invested

Capital invested by funds: $217K [Q1] → $196K (-$21.2K) [Q2]

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$1.50

456%

upside

Avg. target

$1.50

456%

upside

High target

$1.50

456%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

HC Wainwright & Co.

Heiko Ihle

43% 1-year accuracy

69 / 161 met price target

456%upside

$1.50

Buy

Maintained

16 Jul 2024

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Financial journalist opinion

Golden Minerals Announces Intent to Sell El Quevar Silver Project and Provides Corporate Update

GOLDEN, Colo.--(BUSINESS WIRE)--Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) today announced it has signed a letter agreement to sell Silex Argentina S.A. (“Silex”), its wholly-owned subsidiary that owns the El Quevar Project, and also provided updates on additional corporate activities. Silex Argentina Sale The Company signed a Letter Agreement (the “Letter Agreement”) with Butte Energy Inc. (“Butte”) whereby Butte agreed to purchase 100%.

Golden Minerals Announces Intent to Sell El Quevar Silver Project and Provides Corporate Update

Golden Minerals Reports Second Quarter 2024 Financial Results

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results for the quarter ending June 30, 2024. (All figures are in approximate U.S. dollars.) Second Quarter Financial Summary Cash and equivalents balance was $1.4 million as of June 30, 2024, compared to $3.8 million as of December 31, 2023. Current liabilities were $4.8 million as of June 30, 2024, compared to $5.7 million as of Decem.

Golden Minerals Reports Second Quarter 2024 Financial Results

Golden Minerals Announces Chief Financial Officer Retirement and Appoints New Chief Financial Officer

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has announced the retirement of the Company's Senior Vice President and Chief Financial Officer, Julie Weedman. Ms. Weedman's retirement, which has been expected for some time, will become effective on August 15, 2024. Ms. Weedman will remain available to the Company on a consulting basis after her retirement date. Ms. Weedman joined Golden Minerals in early Januar.

Golden Minerals Announces Chief Financial Officer Retirement and Appoints New Chief Financial Officer

Golden Minerals Provides Corporate Update

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) today provided a corporate update. As previously disclosed, the Company does not have sufficient resources to meet its expected cash needs over the next twelve months. As of June 30, 2024, the Company had cash and cash equivalents of approximately $1.4 million. On the same date, it had accounts payable and other current liabilities of approximately $4.8 million. Be.

Golden Minerals Provides Corporate Update

Golden Minerals Announces Closing of Sale of Velardeña Mine and Associated Facilities and Delay of Closing in Sale of Velardeña Oxide Plant and Water Wells

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) announces that, pursuant to certain asset purchase and sale agreements, dated April 29, 2024 (the “Agreements”), the Company has received payment in full of $2,500,000 cash, plus Value Added Tax (“VAT”), for the Velardeña Mine and associated facilities and title has been transferred to a privately held Mexican company (“the Buyer”). Further and in connection with t.

Golden Minerals Announces Closing of Sale of Velardeña Mine and Associated Facilities and Delay of Closing in Sale of Velardeña Oxide Plant and Water Wells

Golden Minerals Receives Continued Listing Standard Notice From NYSE American

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) today announced that on July 2, 2024, the Company was notified by the NYSE American LLC (the “NYSE American”) that it was not in compliance with three of the NYSE American's continued listing standards as set forth in Part 10 of the NYSE American Company Guide (the “Company Guide”). Specifically, the Company is not in compliance with Sections 1003(a)(i), 1003(a)(ii.

Golden Minerals Receives Continued Listing Standard Notice From NYSE American

Golden Minerals Announces CEO Retirement and Replacement and Board Changes

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced the retirement of the Company's Chief Executive Officer and President, Warren Rehn, effective immediately. Mr. Rehn joined the Company in 2012 as Vice President Exploration and was promoted to President in spring of 2015 and to CEO in September 2015. Mr. Rehn, age 69, has been contemplating retirement for some time. Mr. Rehn has also resigned his p.

Golden Minerals Announces CEO Retirement and Replacement and Board Changes

CORRECTING and REPLACING Golden Minerals Reports First Quarter 2024 Financial Results

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Reissuing release to correct ticker symbol for searching purposes. The release reads: GOLDEN MINERALS REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results and a business summary for the quarter ending March 31, 2024. (All figures are in approximate U.S. dollars.) First Quarter Business Summary and Subsequent Events The Company restarted.

CORRECTING and REPLACING Golden Minerals Reports First Quarter 2024 Financial Results

Golden Minerals Reports First Quarter 2024 Financial Results

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results and a business summary for the quarter ending March 31, 2024. (All figures are in approximate U.S. dollars.) First Quarter Business Summary and Subsequent Events The Company restarted silver-gold production at the Company's Velardeña Properties (Durango State, Mexico) in December 2023, but stopped mining at the end of February 2.

Golden Minerals Reports First Quarter 2024 Financial Results

Golden Minerals Announces Sale of Velardeña Assets and Unifin Settlement

GOLDEN, Colo.--(BUSINESS WIRE)---- $AUMN #gold--Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) announces it has entered into a definitive agreement to sell the primary assets comprising its Velardeña Properties, located in Durango State, Mexico. On April 29, 2024, two of Golden's Mexico subsidiaries, Minera William S.A. de C.V. (“Minera William”) and Minera Labri S.A. de C.V. (“Minera Labri”) entered into certain asset purchase and sale agreements with a pri.

Golden Minerals Announces Sale of Velardeña Assets and Unifin Settlement

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