Golden Minerals Co (AUMN) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is 0.29.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for AUMN is 13.43M, and currently, short sellers hold a 0.84% ratio of that floaft. The average trading volume of AUMN on October 18, 2024 was 165.24K shares.

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AUMN) stock’s latest price update

The stock price of Golden Minerals Co (AMEX: AUMN) has surged by 21.39 when compared to previous closing price of 0.28, but the company has seen a 24.00% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-27 that GOLDEN, Colo.–(BUSINESS WIRE)—- $AUMN #gold–Golden Minerals Company (“Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) announces that further to its press release dated September 3, 2024, it has entered into a definitive agreement (the “Definitive Agreement”) to sell Silex Argentina S.A. (“Silex”), its wholly-owned subsidiary, to Butte Energy Inc. (“Butte”). Butte has agreed to purchase 100% of the issued and outstanding shares of Silex, which is the sole owner of the Company’s El Quevar silver proje.

AUMN’s Market Performance

AUMN’s stock has risen by 24.00% in the past week, with a monthly rise of 45.57% and a quarterly drop of -19.67%. The volatility ratio for the week is 12.52% while the volatility levels for the last 30 days are 12.62% for Golden Minerals Co The simple moving average for the last 20 days is 23.60% for AUMN stock, with a simple moving average of -20.75% for the last 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 12.96% 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 -86.28% of loss for the given period.

Volatility was left at 12.62%, however, over the last 30 days, the volatility rate increased by 12.52%, as shares surge +45.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.08% lower at present.

During the last 5 trading sessions, AUMN rose by +24.00%, which changed the moving average for the period of 200-days by -36.35% in comparison to the 20-day moving average, which settled at $0.2709. In addition, Golden Minerals Co saw -35.60% 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 1.3. 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 a nutshell, Golden Minerals Co (AUMN) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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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