Golden Minerals (NYSE:AUMN) Shares Climb 4.3% – Should You Buy?

Shares of Golden Minerals (NYSE:AUMN – Get Free Report) traded up 4.3% on Friday. The company traded as high as $0.24 and last traded at $0.24. 62,196 shares were traded during mid-day trading, an increase of 86% from the average daily volume of 33,464 shares. The stock had previously closed at $0.2301.

Golden Minerals Stock Performance

The firm has a market capitalization of $3.64 million, a P/E ratio of -0.46 and a beta of -0.75. The firm has a 50 day simple moving average of $0.21 and a two-hundred day simple moving average of $0.21.

About Golden Minerals

(Get Free Report)

Golden Minerals Company is a precious-metals exploration and development company focused primarily on silver, gold, lead and zinc projects. The company’s activities include mineral exploration, project evaluation, mine development and, when economic conditions permit, the operation of mining and processing facilities.

Golden Minerals’ principal assets have included the El Quevar silver project in Salta, Argentina, and the Velardeña properties in Durango, Mexico. El Quevar is an advanced-stage silver exploration and development project, while Velardeña is a historic mining district with existing underground workings and processing infrastructure.

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