The stock of Golden Minerals Co (AUMN) has seen a -10.45% decrease in the past week, with a -31.43% drop in the past month, and a -47.83% decrease in the past quarter. The volatility ratio for the week is 10.94%, and the volatility levels for the past 30 days are at 8.86% for AUMN. The simple moving average for the past 20 days is -22.43% for AUMN’s stock, with a -47.08% simple moving average for the past 200 days.
Is It Worth Investing in Golden Minerals Co (AMEX: AUMN) Right Now?
The 36-month beta value for AUMN is at 0.30. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for AUMN is 12.92M, and currently, shorts hold a 6.32% of that float. The average trading volume for AUMN on September 17, 2024 was 103.56K shares.
AUMN) stock’s latest price update
Golden Minerals Co (AMEX: AUMN) has experienced a decline in its stock price by -8.64 compared to its previous closing price of 0.26. However, the company has seen a fall of -10.45% in its stock price over the last five trading days. businesswire.com reported 2024-08-14 that 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.
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 -34.80% 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 -90.16% of loss for the given period.
Volatility was left at 8.86%, however, over the last 30 days, the volatility rate increased by 10.94%, as shares sank -30.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.86% lower at present.
During the last 5 trading sessions, AUMN fell by -10.45%, which changed the moving average for the period of 200-days by -59.81% in comparison to the 20-day moving average, which settled at $0.3041. In addition, Golden Minerals Co saw -53.84% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AUMN starting from Sentient Global Resources Fund, who sale 225,170 shares at the price of $0.28 back on Sep 06 ’24. After this action, Sentient Global Resources Fund now owns 1,212,294 shares of Golden Minerals Co, valued at $61,922 using the latest closing price.
Sentient Global Resources Fund, the 10% Owner of Golden Minerals Co, sale 68,564 shares at $0.30 during a trade that took place back on Sep 05 ’24, which means that Sentient Global Resources Fund is holding 1,437,464 shares at $20,432 based on the most recent closing price.
Stock Fundamentals for AUMN
Current profitability levels for the company are sitting at:
- -2.19 for the present operating margin
- -0.91 for the gross margin
The net margin for Golden Minerals Co stands at -4.19. The total capital return value is set at -4.95. Equity return is now at value -445.52, with -76.43 for asset returns.
Based on Golden Minerals Co (AUMN), the company’s capital structure generated -0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -144.99. The debt to equity ratio resting at -0.04. The interest coverage ratio of the stock is -143.09.
Currently, EBITDA for the company is -10.61 million with net debt to EBITDA at 0.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 7.42for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.
Conclusion
In conclusion, Golden Minerals Co (AUMN) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
