Golden Minerals (NYSE:AUMN) Stock Price Down 0.6% – Time to Sell?

Golden Minerals (NYSE:AUMNGet Free Report) was down 0.6% on Friday . The stock traded as low as $0.2880 and last traded at $0.3001. Approximately 22,454 shares were traded during trading, a decline of 59% from the average daily volume of 55,399 shares. The stock had previously closed at $0.3019.

Golden Minerals Trading Down 0.6%

The firm has a market cap of $4.52 million, a PE ratio of -0.58 and a beta of -1.05. The firm has a 50 day moving average price of $0.31 and a 200-day moving average price of $0.32.

About Golden Minerals

(Get Free Report)

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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