Golden Minerals Co (AUMN) Shares Soar Above 1-Year High

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The stock of Golden Minerals Co (AMEX: AUMN) has increased by 7.75 when compared to last closing price of 0.65.Despite this, the company has seen a gain of 9.55% in its stock price over the last five trading days. Benzinga reported 2023-07-10 that The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Is It Worth Investing in Golden Minerals Co (AMEX: AUMN) Right Now?

The stock has a 36-month beta value of 0.29. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for AUMN is 12.62M, and at present, short sellers hold a 0.90% of that float. On April 16, 2024, the average trading volume of AUMN was 397.08K shares.

AUMN’s Market Performance

The stock of Golden Minerals Co (AUMN) has seen a 9.55% increase in the past week, with a 116.67% rise in the past month, and a 51.85% gain in the past quarter. The volatility ratio for the week is 14.95%, and the volatility levels for the past 30 days are at 17.52% for AUMN. The simple moving average for the past 20 days is 51.13% for AUMN’s stock, with a -4.63% simple moving average for the past 200 days.

Analysts’ Opinion of AUMN

Many brokerage firms have already submitted their reports for AUMN stocks, with ROTH Capital repeating the rating for AUMN by listing it as a “Neutral.” The predicted price for AUMN in the upcoming period, according to ROTH Capital is $0.40 based on the research report published on July 17, 2015 of the previous year 2015.

ROTH Capital, on the other hand, stated in their research note that they expect to see AUMN reach a price target of $1.15, previously predicting the price at $1.30. The rating they have provided for AUMN stocks is “Buy” according to the report published on October 09th, 2014.

H.C. Wainwright gave a rating of “Buy” to AUMN, setting the target price at $1.80 in the report published on August 25th of the previous year.

AUMN Trading at 55.88% from the 50-Day Moving Average

After a stumble in the market that brought AUMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.97% of loss for the given period.

Volatility was left at 17.52%, however, over the last 30 days, the volatility rate increased by 14.95%, as shares surge +122.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +59.55% upper at present.

During the last 5 trading sessions, AUMN rose by +9.55%, which changed the moving average for the period of 200-days by -55.57% in comparison to the 20-day moving average, which settled at $0.4839. In addition, Golden Minerals Co saw 35.03% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for AUMN

Current profitability levels for the company are sitting at:

  • -0.62 for the present operating margin
  • -0.12 for the gross margin

The net margin for Golden Minerals Co stands at -0.77. The total capital return value is set at -0.01. Equity return is now at value -159.20, with -1.52 for asset returns.

Based on Golden Minerals Co (AUMN), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -74.53. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -576.0.

Currently, EBITDA for the company is -10.61 million with net debt to EBITDA at 0.5. When we switch over and look at the enterprise to sales, we see a ratio of 0.55. The receivables turnover for the company is 3.8for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.

Conclusion

To sum up, Golden Minerals Co (AUMN) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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