AUMN Stock Summary and Trading Ideas (Golden Minerals Company | AMEX:AUMN)

Golden Minerals Co is an exploration stage company engaged in the mining, construction, and exploration of precious metals and mineral properties. It owns and operates Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in or near historical precious metals producing regions of Mexico. The company's business is structured into two divisions, Mexico operations, and Corporate Exploration and Other.

Golden Minerals Company trades on the AMEX stock market under the symbol AUMN.

As of April 16, 2024, AUMN stock price declined to $0.69 with 336,181 million shares trading.

AUMN has a beta of -2.46, meaning it tends to be less sensitive to market movements. AUMN has a correlation of 0.03 to the broad based SPY ETF.

AUMN has a market cap of $10.03 million. This is considered a Sub-Micro Cap stock.

Last quarter Golden Minerals Company reported $300,000 in Revenue and -$.02 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.02.

In the last 3 years, AUMN stock traded as high as $20.75 and as low as $.26.

AUMN stock has underperformed the market in the last year with a return of -89.4%, while SPY returned +23.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AUMN shares. However, AUMN has outperformed the market in the last 3 month and 2 week periods, returning +48.9% and +63.6%, while SPY returned +6.0% and -3.6%, respectively. This indicates AUMN has been having a stronger performance recently.

AUMN support price is $.62 and resistance is $.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AUMN stock will trade within this expected range on the day.