Golden Minerals (NYSE:AUMN – Get Free Report)’s stock price was up 7.8% on Friday . The company traded as high as $0.2048 and last traded at $0.2048. 7,348 shares changed hands during trading, a decline of 82% from the average daily volume of 40,244 shares. The stock had previously closed at $0.19.
Golden Minerals Stock Up 7.8%
The firm’s 50-day moving average price is $0.19 and its 200-day moving average price is $0.25. The company has a market cap of $3.08 million, a P/E ratio of -0.39 and a beta of -0.79.
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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