Golden Minerals (NYSE:AUMN) Stock Price Down 3.3% – Here’s Why

Shares of Golden Minerals (NYSE:AUMNGet Free Report) were down 3.3% during trading on Thursday . The stock traded as low as $0.2136 and last traded at $0.2136. Approximately 1,673 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 35,442 shares. The stock had previously closed at $0.2210.

Golden Minerals Stock Performance

The stock’s 50-day moving average is $0.19 and its two-hundred day moving average is $0.22. The stock has a market cap of $3.24 million, a PE ratio of -0.41 and a beta of -0.77.

Golden Minerals Company Profile

(Get Free Report)

Golden Minerals Company is a U.S.-based precious metals mining and exploration company focused on the acquisition, development and production of silver and gold properties in Mexico. The company’s core asset is the Velardeña Properties in Durango State, where it operates both flotation and cyanidation circuits to produce silver-lead-zinc concentrates and doré bars. In addition to Velardeña, Golden Minerals holds the Celaya project in Guanajuato and the Parral project in Chihuahua, each situated in prolific Mexican silver districts.

At Velardeña, Golden Minerals has established a small-scale underground mining operation and a processing facility capable of treating both oxide and sulphide ores.

Further Reading

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