Golden Minerals (TSE:AUMN – Get Free Report)’s share price was down 8.7% during trading on Friday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 18,773 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 41,088 shares. The stock had previously closed at C$0.23.
Golden Minerals Stock Performance
The firm has a market cap of C$1.91 million, a PE ratio of -0.27 and a beta of 0.28. The company has a quick ratio of 1.67, a current ratio of 0.56 and a debt-to-equity ratio of -2.73. The business has a 50 day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.25.
About Golden Minerals
Golden Minerals is a Colorado-based gold-silver producer with one mine in production and a pipeline of precious metals exploration and development projects in Mexico Argentina and Nevada. The company has 43-101-defined resources totaling over 80M M&I AgEq oz plus over 40M Inferred AgEq oz. The company seeks to achieve long-term sustainable profitable gold-silver production; first via the Rodeo mine which started gold-silver production in January 2021 and longer term via the high-grade gold-silver Velardea Properties which could restart production in late 2021 or 2022 subject to board approval and completion of further testing.
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