Golden Minerals (NYSE:AUMN – Get Free Report) traded down 4.2% on Thursday . The stock traded as low as $0.2890 and last traded at $0.2890. 20,285 shares traded hands during trading, a decline of 71% from the average session volume of 69,911 shares. The stock had previously closed at $0.3018.
Golden Minerals Price Performance
The stock has a 50 day simple moving average of $0.29 and a 200-day simple moving average of $0.33. The firm has a market cap of $4.35 million, a PE ratio of -0.56 and a beta of -1.04.
About Golden Minerals
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.
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