Golden Minerals Stock Today

AUMN Stock  USD 0.27  0.01  3.57%   

Performance

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Odds Of Distress

Over 84

 
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Golden Minerals is selling at 0.27 as of the 28th of November 2024; that is 3.57% down since the beginning of the trading day. The stock's open price was 0.28. Golden Minerals has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Golden Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
25th of November 1997
Category
Basic Materials
Golden Minerals Company, a precious metals exploration company, mines, constructs, and explores for mineral properties containing precious metals. Golden Minerals Company was founded in 1996 and is headquartered in Golden, Colorado. Golden Minerals operates under Other Precious Metals Mining classification in the United States and is traded on AMEX Exchange. The company has 15.05 M outstanding shares of which 285.19 K shares are presently shorted by private and institutional investors with about 1.31 trading days to cover. More on Golden Minerals

Golden Stock Highlights

CEO and President and DirectorWarren Rehn
Business ConcentrationPrecious Metals & Minerals, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.580.805
Way Up
Slightly volatile
Total Current Liabilities5.4 M5.7 M
Notably Down
Slightly volatile
Non Current Liabilities Total3.9 M4.1 M
Notably Down
Slightly volatile
Total Assets14.2 M14.9 M
Notably Down
Slightly volatile
Total Current Assets8.3 M8.7 M
Notably Down
Slightly volatile
Debt Levels
Golden Minerals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Golden Minerals' financial leverage. It provides some insight into what part of Golden Minerals' total assets is financed by creditors.
Liquidity
Golden Minerals currently holds 115 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Golden Minerals has a current ratio of 2.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Golden Minerals' use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

(1.8 Million)
Golden Minerals (AUMN) is traded on NYSE MKT Exchange in USA. It is located in 350 Indiana Street, Golden, CO, United States, 80401 and employs 194 people. Golden Minerals is listed under Precious Metals & Minerals category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.07 M. Golden Minerals conducts business under Metals & Mining sector and is part of Materials industry. The entity has 15.05 M outstanding shares of which 285.19 K shares are presently shorted by private and institutional investors with about 1.31 trading days to cover. Golden Minerals currently holds about 6.54 M in cash with (9.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Golden Minerals Probability Of Bankruptcy
Ownership Allocation
Golden Minerals has a total of 15.05 Million outstanding shares. Golden Minerals retains 3.38 (percent) of its outstanding shares held by insiders and 8.78 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Golden Ownership Details

Golden Minerals Historical Income Statement

At this time, Golden Minerals' Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 17.7 M, while Depreciation And Amortization is likely to drop about 785.6 K. View More Fundamentals

Golden Stock Against Markets

Golden Minerals Corporate Executives

Elected by the shareholders, the Golden Minerals' board of directors comprises two types of representatives: Golden Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Minerals' management team and ensure that shareholders' interests are well served. Golden Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Golden Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Joe DwyerCFO ControllerProfile

Already Invested in Golden Minerals?

The danger of trading Golden Minerals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Golden Minerals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Golden Minerals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Golden Minerals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Minerals. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.52)
Revenue Per Share
0.23
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.44)
Return On Equity
(4.95)
The market value of Golden Minerals is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Golden Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Minerals' market value can be influenced by many factors that don't directly affect Golden Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.