Last $0.66 USD
Change Today +0.0354 / 5.70%
Volume 234.6K
As of 8:04 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

golden minerals co (AUMN) Snapshot

Open
$0.62
Previous Close
$0.62
Day High
$0.68
Day Low
$0.60
52 Week High
07/10/14 - $1.59
52 Week Low
12/16/13 - $0.42
Market Cap
31.0M
Average Volume 10 Days
526.6K
EPS TTM
$-0.53
Shares Outstanding
47.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for GOLDEN MINERALS CO (AUMN)

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golden minerals co (AUMN) Details

Golden Minerals Company is engaged in mining, construction, and exploration of mineral properties. It explores for gold, silver, zinc, lead, and other minerals. The company owns the Velardeña and Chicago precious metals mining properties in the State of Durango, Mexico; and the El Quevar advanced exploration property in the province of Salta, Argentina. It also owns a portfolio of approximately 30 exploration properties located primarily in certain traditional precious metals producing regions of Mexico and Argentina. The company was formerly known as Apex Silver Mines Limited and changed its name to Golden Minerals Company in March 2009 as a result of reorganization. Golden Minerals Company was founded in 1996 and is headquartered in Golden, Colorado.

65 Employees
Last Reported Date: 02/28/14
Founded in 1996

golden minerals co (AUMN) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $470.8K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $254.3K
Chief Geologist and Senior Vice President of ...
Total Annual Compensation: $235.4K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $160.3K
Compensation as of Fiscal Year 2013.

golden minerals co (AUMN) Key Developments

Golden Minerals Announces Acquisition Of Santa Maria Mine in Mexico

Golden Minerals Company has signed a contract to acquire the Santa Maria mine, a privately held property near the Parral District of southern Chihuahua State, Mexico located approximately 20 kilometers from the company's Los Azules project. The Santa Maria mine hosts the Santa Maria silver (Ag) and gold (Au) bearing quartz vein cutting Cretaceous calcareous sedimentary rock that has produced historically on a small scale from a 2.1 meter wide epithermal vein. The vein is accessed by a three meter by three meter ramp from surface to a depth of approximately 75 meters. The Santa Maria mine is located approximately 15 kilometers southeast of the city of Santa Barbara and about 20 kilometers southeast of Los Azules. Historic small scale mining exploited oxide portions of the vein system above the elevation of the current access drifts. Modern ramp construction to the vein was completed within the last five years. Golden Minerals holds the 18 hectares of concessions in the Santa Maria property through its wholly--owned Mexican subsidiary Minera de Cordilleras, S. De R.L. de C.V under a purchase option agreement. The agreement calls for payments of $1.6 million over 1.5 years to complete the purchase. An initial option payment of $35,000 has been made.

Golden Minerals Company Announces Results from Los Azules

Golden Minerals Company has released results of additional drilling at the Los Azules exploration property. The company has completed an additional 5,400 meters of drilling at Los Azules for a project total of about 6,900 meters in 29 holes.

Golden Minerals Company Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Golden Minerals Company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported loss from operations of $5,514,000, loss from operations before income taxes of $5,043,000, net loss of $5,043,000 or $0.12 loss per share against loss from operations of $261,928,000, loss from operations before income taxes of $262,822,000, net loss of $217,805,000 or $5.09 loss per share for the same period a year ago. For the six months, the company reported loss from operations of $11,575,000, loss from operations before income taxes of $10,701,000, net loss of $10,701,000 or $0.25 loss per share against loss from operations of $271,473,000, loss from operations before income taxes of $271,560,000, net loss of $224,065,000 or $5.23 loss per share for the same period a year ago.

 

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