Golden Minerals (NYSE:AUMN – Get Free Report)’s share price rose 1.7% during mid-day trading on Thursday . The company traded as high as $0.2373 and last traded at $0.2307. 6,414 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 33,567 shares. The stock had previously closed at $0.2269.
Golden Minerals Trading Down 2.9%
The stock has a market capitalization of $3.39 million, a price-to-earnings ratio of -0.43 and a beta of -0.75. The firm’s fifty day moving average price is $0.20 and its 200 day moving average price is $0.21.
About Golden Minerals
Golden Minerals Company is a U.S.-based precious metals mining and exploration company focused on the acquisition, development and production of silver and gold properties in Mexico. The company’s core asset is the Velardeña Properties in Durango State, where it operates both flotation and cyanidation circuits to produce silver-lead-zinc concentrates and doré bars. In addition to Velardeña, Golden Minerals holds the Celaya project in Guanajuato and the Parral project in Chihuahua, each situated in prolific Mexican silver districts.
At Velardeña, Golden Minerals has established a small-scale underground mining operation and a processing facility capable of treating both oxide and sulphide ores.
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