Golden Minerals Co. (AUMN, Financial) experienced a sharp decline in stock price, dropping 5.60%. The stock is currently priced at $0.265 per share with a trading volume of 89,354 shares, a turnover rate of 0.59%, and a price fluctuation of 6.95%.
Recent financial reports show Golden Minerals recorded no revenue, a net loss of $551,000, and earnings per share of $0.01. The company reported a gross loss of $7,000 and a negative price-to-earnings ratio of -0.30. Despite these figures, one rating institution has given a 100% buy recommendation, with no hold or sell suggestions.
Within the broader precious metals and mining sector, the overall decline was 0.75%. Notable gainers included Solaris Resources Inc., Platinum Group Metals Ltd., and Triple Flag Precious Metals Corp. Active stocks in this sector were Endeavour Silver Corporation, Hecla Mining, and Golden Minerals, with turnover rates of 3.78%, 0.83%, and 0.75% respectively. Stocks with significant price fluctuations included Solaris Resources Inc. at 22.22%, Golden Minerals at 8.77%, and Avino Silver & Gold Mines Ltd. at 6.90%.
Golden Minerals Co. focuses on exploration activities involving precious metals and minerals. It operates the Velardena and Chicago mines in Durango, Mexico, along with processing plants for oxides and sulfides. The company also holds exploration assets in Salta, Argentina, and a diversified portfolio near historic precious metal regions in Mexico. Its operations are divided into two segments: Mexican operations and corporate exploration and other activities.
