Golden Minerals Company [AMEX: AUMN] surged by $0.09 during the normal trading session on Thursday and reaching a high of $0.72 during the day while it closed the day at $0.72. The company report on January 27, 2021 that Golden Minerals Discovers New Vein and Intersects Excellent Gold and Silver Grades at its Yoquivo Project in Chihuahua, Mexico.
Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce it has received assay results from its recent 3,400-meter, 15-hole drill campaign at the Company’s Yoquivo gold-silver district-scale property in Chihuahua, Mexico.
Highlights include the following:.
Golden Minerals Company stock has also gained 1.96% of its value over the past 7 days. However, AUMN stock has inclined by 54.97% in the 3 months of the year. Over the past six months meanwhile, it has gained 71.49% and lost -5.41% year-on date.
The market cap for AUMN stock reached $114.31 million, with 143.29 million shares outstanding and 112.77 million shares in the current float. Compared to the average trading volume of 1.58M shares, AUMN reached a trading volume of 3448243 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Golden Minerals Company [AUMN]:
ROTH Capital have made an estimate for Golden Minerals Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 17, 2015. While these analysts kept the previous recommendation, ROTH Capital dropped their target price from $1.30 to $1.15. The new note on the price target was released on October 09, 2014, representing the official price target for Golden Minerals Company stock. Previously, the target price had yet another raise to $1.80, while H.C. Wainwright analysts kept a Buy rating on AUMN stock.
The Average True Range (ATR) for Golden Minerals Company is set at 0.06, with the Price to Sales ratio for AUMN stock in the period of the last 12 months amounting to 17.86. The Price to Book ratio for the last quarter was 8.99.
AUMN stock trade performance evaluation
Golden Minerals Company [AUMN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.96. With this latest performance, AUMN shares dropped by -1.22% in over the last four-week period, additionally plugging by 71.49% over the last 6 months – not to mention a rise of 169.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AUMN stock in for the last two-week period is set at 54.43, with the RSI for the last a single of trading hit 54.94, and the three-weeks RSI is set at 55.25 for Golden Minerals Company [AUMN]. The present Moving Average for the last 50 days of trading for this stock 0.6405, while it was recorded at 0.6718 for the last single week of trading, and 0.4570 for the last 200 days.
Golden Minerals Company [AUMN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Golden Minerals Company [AUMN] shares currently have an operating margin of -107.19 and a Gross Margin at -1.06. Golden Minerals Company’s Net Margin is presently recorded at -69.68.
Return on Total Capital for AUMN is now -124.08, given the latest momentum, and Return on Invested Capital for the company is -81.37. Return on Equity for this stock declined to -81.37, with Return on Assets sitting at -41.43. When it comes to the capital structure of this company, Golden Minerals Company [AUMN] has a Total Debt to Total Equity ratio set at 2.11. Additionally, AUMN Total Debt to Total Capital is recorded at 2.06, with Total Debt to Total Assets ending up at 0.88.
Reflecting on the efficiency of the workforce at the company, Golden Minerals Company [AUMN] managed to generate an average of -$31,682 per employee. Receivables Turnover for the company is 16.39 with a Total Asset Turnover recorded at a value of 0.59.Golden Minerals Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.20 and a Current Ratio set at 6.30.
Golden Minerals Company [AUMN]: Insider Ownership positions
There are presently around $3 million, or 29.60% of AUMN stock, in the hands of institutional investors. The top three institutional holders of AUMN stocks are: VANGUARD GROUP INC with ownership of 1,290,983, which is approximately 40.814% of the company’s market cap and around 1.10% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 1,104,800 shares of the stock with an approximate value of $0.69 million in AUMN stocks shares; and ETF MANAGERS GROUP, LLC, currently with $0.5 million in AUMN stock with ownership of nearly 42.44% of the company’s market capitalization.
Positions in Golden Minerals Company stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 17 institutional holders increased their position in Golden Minerals Company [AMEX:AUMN] by around 1,154,266 shares. Additionally, 5 investors decreased positions by around 708,990 shares, while 15 investors held positions by with 3,428,190 shares. The mentioned changes placed institutional holdings at 5,291,446 shares, according to the latest SEC report filing. AUMN stock had 7 new institutional investments in for a total of 462,705 shares, while 3 institutional investors sold positions of 16,990 shares during the same period.