Golden Minerals Company (NYSEMKT:AUMN) has risen sharply, recording gains of 82.59% in the past 4 weeks. However, the stock has corrected -4.56% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 79.69% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have rallied 133.33% from its 1 Year high price. On Apr 11, 2016, the shares registered one year high at $0.94 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $0.52 and the 200 Day Moving Average price is recorded at $0.45.
The stock has recorded a 20-day Moving Average of 41.82% and the 50-Day Moving Average is 60.19%.
Golden Minerals Company (NYSEMKT:AUMN): stock turned positive on Friday. Though the stock opened at $0.761, the bulls momentum made the stock top out at $0.85 level for the day. The stock recorded a low of $0.74 and closed the trading day at $0.8399, in the green by 10.37%. The total traded volume for the day was 909,045. The stock had closed at $0.761 in the previous days trading.
In an insider trading activity, The officer (Sr VP, Gen. Coun. & Corp. Secy), of Golden Minerals Co, Friedman Deborah J had unloaded 21,667 shares at $0.21 per share in a transaction on December 30, 2015. The total value of transaction was $4,550. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Golden Minerals Company (Golden Minerals) is an exploration stage mining company. The Company owns the Velardena and Chicago precious metals mining operations (the Velardena Operations) in Durango, Mexico; and the El Quevar advanced exploration property in Salta, Argentina. In addition, the Company has a portfolio of precious metals and other mineral exploration properties located in or near metals producing regions of Mexico and Argentina. The Companys Velardena Operations consist of two underground mines and two processing plants within the Velardena mining district, which is located in the municipality of Cuencame, in the northeast quadrant of the State of Durango, Mexico. The Companys Zacatecas Mining District is located in the central part of Mexico, in the Faja de Plata mineral belt. The San Diego property, located in Durango, Mexico, lies approximately nine kilometers northeast of the Velardena property.