Golden Minerals (TSE:AUMN – Get Free Report)’s share price fell 12% during trading on Friday . The company traded as low as C$0.44 and last traded at C$0.44. 23,035 shares were traded during mid-day trading, a decline of 48% from the average session volume of 44,393 shares. The stock had previously closed at C$0.50.
Golden Minerals Trading Down 26.0 %
The company has a debt-to-equity ratio of -2.73, a current ratio of 0.56 and a quick ratio of 1.67. The firm has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.28. The firm has a market cap of C$3.36 million, a P/E ratio of -0.47 and a beta of 0.28.
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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