Golden Minerals Co (NYSEMKT:AUMN) announced its earnings results on Tuesday, August 8th. The basic materials company reported $0.00 earnings per share for the quarter, Bloomberg Earnings reports. Golden Minerals had a negative net margin of 69.04% and a negative return on equity of 56.82%. The company had revenue of $1.69 million during the quarter.
Shares of Golden Minerals (AUMN) traded down 1.32% during midday trading on Friday, hitting $0.53. 154,934 shares of the stock traded hands. The firm’s 50-day moving average is $0.54 and its 200 day moving average is $0.58. Golden Minerals has a 52 week low of $0.45 and a 52 week high of $0.90. The company’s market capitalization is $48.68 million.
Separately, ValuEngine raised shares of Golden Minerals from a “sell” rating to a “hold” rating in a research note on Wednesday, May 31st.
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Golden Minerals Company Profile
Golden Minerals Company is a mining company. The Company owns the Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants (the Velardena Properties) in the State of Durango, Mexico, the El Quevar advanced exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located primarily in Mexico.
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