On June 27, 2023, shares of Golden Minerals Co (AUMN) took a dip, trading lower by 15.26% at $1.61. This drop in value came after the company made an announcement regarding a registered direct offering worth $2.1 million. The offering involves the purchase and sale of 1,427,587 common stock shares at a price of $1.45 per share. Additionally, the company will issue unregistered warrants that will allow the purchase of up to 1,427,587 common stock shares at an exercise price of $1.90 per share. This offering is expected to close on or about June 29, subject to customary closing conditions. Interestingly, data from Benzinga Pro indicates that AUMN has had a 52-week high of $9.65 and a 52-week low of $1.45.
Golden Minerals Company
Updated on: 05/12/2023
Debt to equity ratio: Buy
Price to earnings ratio: Sell
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Strong Sell
12:00 PM (UTC)
Date:05 December, 2023
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AUMN Stock Drops 20% in Non-Energy Minerals Sector, But Sees Positive Earnings Growth
On June 27, 2023, AUMN stock opened at $1.51, a 20% drop from its previous close of $1.90. The day’s range was between $1.51 and $1.68, with a volume of 111,254 shares traded. AUMN is a company in the non-energy minerals sector that deals with precious metals. The company has had a rough year, with earnings growth of -362.50% last year. However, this year, the company has seen a positive earnings growth of +32.22%. There is no forecast for earnings growth for the next five years.
Golden Minerals Co (AUMN) Stock Price Forecast: Analysts Predict Massive +837.50% Increase in Target Price
On June 27, 2023, Golden Minerals Co (AUMN) had a median target price of $15.00, according to three analysts offering 12-month price forecasts. This represented a massive +837.50% increase from the last price of $1.60. The current consensus among the polled investment analysts was to buy stock in Golden Minerals Co. The company was scheduled to report its earnings on August 10, 2023. Golden Minerals Co was a mining company that focused on exploring and developing precious metals and other mineral properties in Mexico, Argentina, and the United States. The stock had a market capitalization of $109.10M, with a 52-week range of $0.75 to $3.99.