Brokerage Firm Rating Update on Golden Minerals Company (AUMN)

Golden Minerals Company (AUMN) : 1 analysts are covering Golden Minerals Company (AUMN) and their average rating on the stock is 1, which is read as a Strong Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.


For the current week, the company shares have a recommendation consensus of Buy.

Golden Minerals Company (NYSEMKT:AUMN): stock was range-bound between the intraday low of $0.8247 and the intraday high of $0.89 after having opened at $0.8899 on Wednesdays session. The stock finally closed in the red at $0.8899, a loss of -2.30%. The stock remained in the red for the whole trading day. The total traded volume was 404,423 shares. The stock failed to cross $0.89 in Wednesdays trading. The stocks closing price on Thursday was $0.87.

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.

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