Golden Minerals (TSE:AUMN) Trading Up 32.1% – Still a Buy?

Shares of Golden Minerals (TSE:AUMN) shot up 32.1% on Monday . The stock traded as high as C$0.36 and last traded at C$0.35. 129,983 shares traded hands during trading, an increase of 307% from the average session volume of 31,936 shares. The stock had previously closed at C$0.27.

Golden Minerals Stock Performance

The company has a market capitalization of C$3.54 million, a price-to-earnings ratio of -0.49 and a beta of 0.28. The company has a debt-to-equity ratio of -2.73, a quick ratio of 1.67 and a current ratio of 0.56. The company’s fifty day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.28.

Golden Minerals Company Profile

Golden Minerals is a Colorado-based gold-silver producer with one mine in production and a pipeline of precious metals exploration and development projects in Mexico Argentina and Nevada. The company has 43-101-defined resources totaling over 80M M&I AgEq oz plus over 40M Inferred AgEq oz. The company seeks to achieve long-term sustainable profitable gold-silver production; first via the Rodeo mine which started gold-silver production in January 2021 and longer term via the high-grade gold-silver Velardea Properties which could restart production in late 2021 or 2022 subject to board approval and completion of further testing.