Shares of Golden Minerals Co (NYSEAMERICAN:AUMN) (TSE:AUM) rose 17.4% during trading on Thursday . The company traded as high as $0.28 and last traded at $0.27. Approximately 562,293 shares changed hands during trading, an increase of 69% from the average daily volume of 333,697 shares. The stock had previously closed at $0.23.
Several analysts have issued reports on the company. HC Wainwright set a $1.00 price target on Golden Minerals and gave the company a “buy” rating in a report on Thursday, November 1st. Zacks Investment Research raised Golden Minerals from a “hold” rating to a “buy” rating and set a $0.25 price target for the company in a report on Wednesday, September 12th.
Golden Minerals (NYSEAMERICAN:AUMN) (TSE:AUM) last released its quarterly earnings results on Tuesday, November 6th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $1.90 million for the quarter.
Golden Minerals Company Profile (NYSEAMERICAN:AUMN)
Golden Minerals Company, an exploration stage company, engages in mining, construction, and exploration of mineral properties. It explores for gold, silver, zinc, lead, and other minerals. The company owns 100% interest in the Velardeña and Chicago precious metals mining properties in the State of Durango, Mexico; and the El Quevar advanced silver exploration property in the province of Salta, Argentina.
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