View ValuationGolden Minerals 将来の成長Future 基準チェック /06現在、 Golden Mineralsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Metals and Mining 収益成長13.6%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Price Target Changed • Jun 04Price target decreased by 72% to US$3.10Down from US$10.95, the current price target is provided by 1 analyst. New target price is 561% above last closing price of US$0.47. Stock is down 82% over the past year. The company posted a net loss per share of US$1.08 last year.Major Estimate Revision • Nov 20Consensus EPS estimates upgraded to US$0.76 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$17.0m to US$16.2m. 2023 losses expected to reduce from -US$1.06 to -US$0.762 per share. Metals and Mining industry in the US expected to see average net income growth of 20% next year. Consensus price target down from US$10.95 to US$7.52. Share price was steady at US$0.49 over the past week.Major Estimate Revision • Aug 20Consensus estimates of losses per share improve by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from US$16.4m to US$17.0m. EPS estimate increased from -US$1.40 per share to -US$1.06 per share. Metals and Mining industry in the US expected to see average net income growth of 3.8% next year. Consensus price target down from US$13.25 to US$10.95. Share price fell 8.5% to US$0.88 over the past week.Major Estimate Revision • Jul 23Consensus revenue estimates increase by 14%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$14.4m to US$16.4m. EPS estimate fell from -US$1.02 to -US$1.40 per share. Metals and Mining industry in the US expected to see average net income decline 7.3% next year. Consensus price target down from US$15.25 to US$13.25. Share price fell 8.4% to US$1.41 over the past week.Price Target Changed • Jun 07Price target decreased by 16% to US$0.61Down from US$0.72, the current price target is an average from 3 analysts. New target price is 466% above last closing price of US$0.11. Stock is down 73% over the past year. The company is forecast to post a net loss per share of US$0.041 next year compared to a net loss per share of US$0.06 last year.Major Estimate Revision • May 17Consensus revenue estimates fall by 35%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$12.6m to US$8.25m. Forecast losses increased from -US$0.03 to -US$0.052 per share. Metals and Mining industry in the US expected to see average net income growth of 0.6% next year. Consensus price target broadly unchanged at US$0.71. Share price fell 24% to US$0.17 over the past week.すべての更新を表示Recent updatesお知らせ • May 04Golden Minerals Company, Annual General Meeting, Jun 12, 2026Golden Minerals Company, Annual General Meeting, Jun 12, 2026. Location: embassy suites by hilton denver international, airport room mount evans, 7001 yampa street, colorado 80249, denver United Statesお知らせ • Apr 02Golden Minerals Company announced delayed annual 10-K filingOn 04/01/2026, Golden Minerals Company announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • May 30Golden Minerals Company Appoints Anil Jiwani as Chief Financial Officer, Effective June 1, 2025On May 27, 2025, the Board of Directors of Golden Minerals Company appointed Anil Jiwani to serve as the Company’s Chief Financial Officer, effective as of June 1, 2025. Mr. Jiwani, 45, is an experienced financial executive with over 20 years of experience in accounting, corporate finance, and public company reporting, primarily in the mining and resource exploration sector. Mr. Jiwani will continue to serve as Chief Financial Officer of Perseverance Metals Inc. (since May 2024) and Chief Financial Officer and a director of Inomin Mines Inc. (since January 2022). He has previously served as Chief Financial Officer for several companies, including KORE Mining Ltd. and Karus Gold Corp. Mr. Jiwani began his career as an audit manager at PwC LLP and is a Chartered Professional Accountant in British Columbia. He holds a bachelor’s degree in accounting and information technology from the University of Texas at Dallas. Mr. Jiwani will also continue to serve as Chief Operating Officer and as a director of Avisar Everyday Solutions Ltd., of which he is a principal shareholder, positions he has held since May 2019.お知らせ • May 14Golden Minerals Company announced delayed 10-Q filingOn 05/13/2025, Golden Minerals Company announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Apr 18Golden Minerals Company, Annual General Meeting, May 27, 2025Golden Minerals Company, Annual General Meeting, May 27, 2025. Location: lakeway resort & spa, suite pecos, texas 78734, texas 78734 United Statesお知らせ • Apr 02An undisclosed Mexican company acquired Minera de Cordilleras, S. De R.L. de C.V. from Golden Minerals Company (OTCPK:AUMN) for $0.60 million.An undisclosed Mexican company signed an agreement to acquire Minera de Cordilleras, S. De R.L. de C.V. from Golden Minerals Company (OTCPK:AUMN) for $0.60 million on April 1, 2025. A cash consideration of $0.6 million will be paid by the buyer. As part of consideration, $0.6 million is paid towards common equity of Minera de Cordilleras, S. De R.L. de C.V. Upon consummation of the transaction, Minera de Cordilleras held net operating losses, inflation-adjusted capital contributions and five mining concessions in Mexico that had minimal value to Golden Minerals. Under Mexican law, the balance of Minera Cordilleras’ capital contribution accounts (“CUCAs”) may be bought and sold. All funds related to the sale of the CUCAs have been received by Golden Minerals. An undisclosed Mexican company completed the acquisition of Minera de Cordilleras, S. De R.L. de C.V. from Golden Minerals Company (OTCPK:AUMN) on April 1, 2025.お知らせ • Apr 01Golden Minerals Company announced delayed annual 10-K filingOn 03/31/2025, Golden Minerals Company announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • Dec 19Golden Minerals Company(OTCPK:AUMN) dropped from S&P TMI IndexGolden Minerals Company(OTCPK:AUMN) dropped from S&P TMI Indexお知らせ • Dec 12Golden Minerals Company Provides Non-Compliance UpdateOn December 6, 2024, Golden Minerals Company (the Company") received notification from the NYSE American LLC (the NYSE American" or the Exchange") that the Exchange determined to commence proceedings to suspend and delist the Company's common stock as a result of its determination that the Company is no longer suitable for listing due to its non-compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide, which require the Company to report stockholders' equity of $6.0 million or more if the Company has reported losses from continuing operations and/or net losses in its five most recent fiscal years, as previously reported. The Company anticipates that the Common Stock will begin trading on the OTC Pink Market under the symbol AUMN" at the open of business on December 16, 2024. Shareholders do not need to take any action in connection with this transition. The Company's stock will continue to be traded first on the NYSE American and immediately thereafter on the OTC Pink Market, and investors should be able to trade shares through their existing brokerage accounts. The Company is in the process of applying for quotation of its common stock on the OTCQB Venture Market. The transition of the Company's common stock to the OTC Markets will have no effect on the Company's business or operations or its listing on the Toronto Stock Exchange, where it trades under ticker symbol AUMN." The Company expects to continue to maintain compliance with the reporting requirements of the Securities Act of 1934, as amended (the Securities Act"), including the filing of periodic reports with the SEC under applicable federal securities laws.お知らせ • Nov 17Golden Minerals Company announced delayed 10-Q filingOn 11/15/2024, Golden Minerals Company announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Reported Earnings • Aug 15First half 2024 earnings released: US$0.25 loss per share (vs US$0.62 loss in 1H 2023)First half 2024 results: US$0.25 loss per share (improved from US$0.62 loss in 1H 2023). Net loss: US$3.65m (loss narrowed 15% from 1H 2023). Revenue is expected to decline by 171% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.2%.New Risk • Aug 15New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$2.0m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Negative equity (-US$2.0m). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Market cap is less than US$10m (US$5.50m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (US$2.8m revenue).お知らせ • Aug 05+ 1 more updateGolden Minerals Company Announces Chief Financial Officer ChangesGolden Minerals Company has announced the retirement of the Company’s Senior Vice President and Chief Financial Officer, Julie Weedman. Ms. Weedman’s retirement, which has been expected for some time, will become effective on August 15, 2024. Ms. Weedman will remain available to the Company on a consulting basis after her retirement date. Ms. Weedman joined Golden Minerals in early January 2022. The Company announced that Joe Dwyer, Golden Minerals’ Corporate Controller, will serve as Chief Financial Officer of the Company. Mr. Dwyer has served as the Company’s Corporate Controller since joining Golden Minerals in September 2022. Previously, he served as Vice President and Corporate Controller at Kärcher North America, Director of Business Operations at Westmoreland Coal Company and Senior Manager of Financial Process & Controls at Cloud Peak Energy. Mr. Dwyer brings extensive experience with publicly held companies in corporate roles and as a manager within Deloitte’s assurance practice.お知らせ • Jul 10Golden Minerals Company Receives Continued Listing Standard Notice from NYSE AmericanGolden Minerals Company (the ‘Company’) announced that on July 2, 2024, the Company was notified by the NYSE American LLC (the ‘NYSE American’) that it was not in compliance with three of the NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide (the ‘Company Guide’). Specifically, the Company is not in compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the Company Guide since it reported stockholders’ equity of $0.6 million as of March 31, 2024 and losses from continuing operations and/or net losses in its five most recent fiscal years. The Company was previously notified on June 9, 2023 that it was not in compliance with Section 1003(a)(iii). On July 6, 2023, the Company submitted a plan to achieve compliance by December 6, 2024. On August 22, 2023, the NYSE Regulation staff accepted the plan and granted a plan period through December 6, 2024. The notification from the NYSE American has no immediate effect on the Company’s common stock or its business operations. The Company’s common stock will continue to be listed on the NYSE American under the symbol ‘AUMN’ while it regains compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the Company Guide, subject to the Company’s compliance with other continued listing requirements.お知らせ • Jun 19+ 1 more updateGolden Minerals Company Announces CEO ChangesGolden Minerals Company announced the retirement of the Company’s Chief Executive Officer, Warren Rehn, effective immediately. Mr. Rehn joined the Company in 2012 as Vice President Exploration and was promoted to President in spring of 2015 and to CEO in September 2015. Mr. Rehn, age 69, has been contemplating retirement for some time. Mr. Rehn has also resigned his position as a Director of the Company. Mr. Rehn will continue to support the Company, advising on exploration and technical activities as a consultant. Pablo Castaños, currently Executive Vice President, has been elected Chief Executive Officer and President of the Company and appointed to serve as a Director. Mr. Castaños joined the Company in July of 2023 and has been preparing for the role of President and CEO pending Mr. Rehn’s retirement. Mr. Castaños, a successful businessman, previously worked for Golden Minerals as vice president and director of corporate affairs from 2009 to 2013 before leaving to work for Goldcorp Inc. as director of environmental compliance and as vice president corporate social responsibility. Between 2016 and 2023, Mr. Castaños acted as a private investor in real estate development and construction.Price Target Changed • Jun 04Price target decreased by 72% to US$3.10Down from US$10.95, the current price target is provided by 1 analyst. New target price is 561% above last closing price of US$0.47. Stock is down 82% over the past year. The company posted a net loss per share of US$1.08 last year.お知らせ • Mar 05Golden Minerals Announces Passing of Director W. Durand EpplerGolden Minerals Company announced with deep sadness that W. Durand “Randy” Eppler, a member of the Company’s Board of Directors, passed away on February 27, 2024. Mr. Eppler was appointed to Golden Minerals’ Board in 2009 and served as a member of the Audit Committee and the Corporate Governance and Nominating Committee. With a successful career spanning over 40 years in the natural resources industry, Mr. Eppler most recently worked as Managing Director of Capstone Headwaters MB, a private, middle market investment banking institution. Earlier in his career, he worked for Newmont Mining, Newmont Capital and Chemical Bank.お知らせ • Feb 05Golden Minerals Company has filed a Follow-on Equity Offering in the amount of AUD 8 million.Golden Minerals Company has filed a Follow-on Equity Offering in the amount of AUD 8 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 59,259,260 Price\Range: AUD 0.135 Transaction Features: Subsequent Direct Listingお知らせ • Feb 03Golden Minerals Company, Annual General Meeting, Apr 30, 2024Golden Minerals Company, Annual General Meeting, Apr 30, 2024. Location: 350 Indiana St., 1st Floor Conference Center Golden United Statesお知らせ • Jan 23Golden Minerals Company Begins Silver-Gold Mining Operations at its Velardeña Properties, Located in Durango State, MexicoGolden Minerals Company announced that on December 18, 2023, it began silver-gold mining operations at its Velardeña Properties, located in Durango State, Mexico. The Company has begun mining in six stopes and is steadily ramping up daily production to reach a rate of approximately 150 tonnes per day (tpd) in March, and ultimately a full production rate of approximately 325 tpd in the second quarter. The restart of mining operations follows the Company’s announcement in November 2023 that it had also begun producing gold-rich pyrite flotation concentrates from Velardeña. The concentrates come from material that has been stockpiled at the Velardeña Properties since the fourth quarter of 2015, when the mines were last operational. At that point, mining activities were suspended when a combination of low metals prices, mining dilution and metallurgical challenges rendered operations unprofitable. The Company elected to preserve the asset for future use, and since that time has evaluated a number of mining methods and processing alternatives that could enable sustainable profitable operations. The December 2023 restart of mining represents the culmination of that work. The Company anticipates continuing to produce the pyrite concentrates until such time that mine production can sustain continuous operation of the flotation plant to produce the three concentrates, lead-silver, zinc, and pyrite-gold from newly mined material.お知らせ • Dec 07Transformaciones y Servicios Metalurgicos S.A. De C.V. acquired Santa Maria mining claims located in Chihuahua, Mexico from Golden Minerals Company (NYSEAM:AUMN) for $1.5 million.Transformaciones y Servicios Metalurgicos S.A. De C.V. acquired Santa Maria mining claims located in Chihuahua, Mexico from Golden Minerals Company (NYSEAM:AUMN) for $1.5 million on December 1, 2023. Upon closing, the Company has received (all figures in USD) $1.50 million plus $0.24 million in Value Added Tax (VAT). The Company is permitted to keep the VAT and use it to offset its current VAT receivable. In addition, sales terms include: TSM has granted Golden a 1.5% net smelter return royalty on the Santa Maria concession, capped at $1 million. TSM may purchase from Golden the right to receive the NSR royalty for $0.5 million at any time prior to TSM beginning commercial production at Santa Maria. Transformaciones y Servicios Metalurgicos S.A. De C.V. completed the acquisition of Santa Maria mining claims located in Chihuahua, Mexico from Golden Minerals Company (NYSEAM:AUMN) on December 1, 2023.お知らせ • Nov 22Golden Minerals Company Begins Producing Gold-Bearing Pyrite Concentrate from its Velardeña Properties in Durango State, MexicoGolden Minerals Company announced that it has begun producing gold-bearing pyrite flotation concentrate from its Velardeña Properties in Durango State, Mexico. The Company is processing material that has been stockpiled at Velardeña since the mines last operated in 2015. The material was only partially processed during past operations and a gold and silver bearing pyrite concentrate has not previously been separated from the material. During periods of past operations, concentrate sales terms were uneconomic for the gold-bearing pyrite concentrate that comes from Velardeña. However, recent and notably more favorable market terms offered for these concentrates mean Velardeña's gold pyrite/arsenopyrite concentrates are now economic to process and sell. The Company began processing last week and estimates its first shipment of concentrates will take place this week. The Company plans to continue processing this previously stockpiled material until sufficient newly-mined material from Velardeña is available for processing at full capacity, which is anticipated to occur within the next several months. The Company plans to start mining at Velardeña in December 2023. The mining contractor is mobilizing now and will be on site the first week of December 2023.Major Estimate Revision • Nov 20Consensus EPS estimates upgraded to US$0.76 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$17.0m to US$16.2m. 2023 losses expected to reduce from -US$1.06 to -US$0.762 per share. Metals and Mining industry in the US expected to see average net income growth of 20% next year. Consensus price target down from US$10.95 to US$7.52. Share price was steady at US$0.49 over the past week.Reported Earnings • Nov 15Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: US$0.38 loss per share. Revenue: US$2.51m (down 52% from 3Q 2022). Net loss: US$3.18m (loss widened 18% from 3Q 2022). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Metals and Mining industry in the US.お知らせ • Nov 10Golden Minerals Company has completed a Follow-on Equity Offering.Golden Minerals Company has completed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,000,000 Price\Range: $0.7 Discount Per Security: $0.04 Security Name: Series A Warrants Security Type: Equity Warrant Securities Offered: 6,000,000 Security Name: Series B Warrants Security Type: Equity Warrant Securities Offered: 3,000,000New Risk • Nov 07New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 118% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (31% average weekly change). Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Market cap is less than US$10m (US$7.83m market cap). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$5.7m net loss next year).New Risk • Oct 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$5.7m net loss next year). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (US$11.6m market cap).お知らせ • Aug 25Golden Minerals Receives NYSE Acceptance of Plan to Regain Listing ComplianceOn August 23, 2023, Golden Minerals Company announced that the NYSE American (the ‘NYSE’) has accepted the Company’s business plan to regain compliance with the continued listing standards set forth in Section 1003(a)(iii) of the NYSE American Company Guide. As previously disclosed, on June 6, 2023, the Company received written notice from the NYSE that the Company was not in compliance with Section 1003(a)(iii) which requires a listed company to have stockholders’ equity of at least (US) $6 million when such issuer has sustained losses from continuing operations and/or net losses in its five most recent fiscal years. The Company reported stockholders’ equity of $4.1 million as of March 31, 2023 and $5.6 million as of June 30, 2023. On August 22, 2023, the NYSE accepted the Company’s plan to regain compliance and has granted to the Company a cure period of up to 18 months from the original notice of non-compliance, or until December 6, 2024. The listing of the Company’s common stock will continue pursuant to an extension during the plan period, during which time the Company will be subject to periodic review to determine whether it is making progress consistent with the accepted plan. Failure to make progress consistent with the plan or to regain compliance with the continued listing standards by December 6, 2024 could result in the Company’s shares of common stock being delisted from the NYSE American.Major Estimate Revision • Aug 20Consensus estimates of losses per share improve by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from US$16.4m to US$17.0m. EPS estimate increased from -US$1.40 per share to -US$1.06 per share. Metals and Mining industry in the US expected to see average net income growth of 3.8% next year. Consensus price target down from US$13.25 to US$10.95. Share price fell 8.5% to US$0.88 over the past week.Reported Earnings • Aug 10Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: US$0.21 loss per share (improved from US$0.43 loss in 2Q 2022). Revenue: US$4.97m (down 16% from 2Q 2022). Net loss: US$1.49m (loss narrowed 47% from 2Q 2022). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 58%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings.New Risk • Jul 31New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.68m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Market cap is less than US$10m (US$9.68m market cap). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$8.2m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding).Major Estimate Revision • Jul 23Consensus revenue estimates increase by 14%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$14.4m to US$16.4m. EPS estimate fell from -US$1.02 to -US$1.40 per share. Metals and Mining industry in the US expected to see average net income decline 7.3% next year. Consensus price target down from US$15.25 to US$13.25. Share price fell 8.4% to US$1.41 over the past week.お知らせ • Jul 01Golden Minerals Company has completed a Follow-on Equity Offering in the amount of $2.069937 million.Golden Minerals Company has completed a Follow-on Equity Offering in the amount of $2.069937 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 790,000 Price\Range: $1.45 Discount Per Security: $0.087 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 637,587 Price\Range: $1.4499 Discount Per Security: $0.087 Transaction Features: Registered Direct Offeringお知らせ • Jun 17Golden Minerals Company Appoints Pablo Castaños as Executive Vice President, Effective July 1, 2023Golden Minerals Company announced that Pablo Castaños will be joining the Company on July 1, 2023, serving in a newly-created role of executive vice president. Mr. Castaños brings to the Company more than 20 years of global and strategic leadership expertise, including twelve years in the mining industry, in positions focusing on strategic planning, finance, compliance, sustainability, government affairs and risk management. Since 2017, he has served as managing partner of Integra QRO Hold and Magnolia OneZero Investments, LLC, real estate development and construction companies located in Querétaro, Mexico and Austin, Texas, respectively. Between 2013 and 2016, he worked at Goldcorp Inc. (now Newmont Corporation) in Vancouver, British Columbia, Canada, initially serving as director of environmental compliance and subsequently serving as vice president of corporate social responsibility. From 2009 to 2013, he worked at Golden Minerals, serving as director of corporate affairs and later as vice president of corporate affairs. Between 2007 and 2009, he held the role of director of investor relations with Apex Silver Mines, and from 2004 to 2007 he served as corporate manager of Minera San Cristóbal, the largest silver, zinc and lead mine in Bolivia. Mr. Castaños attended a graduate program conducted jointly by the Massachusetts Institute of Technology (MIT) and Gabriela Mistral University in Santiago, Chile, where he earned a Master of Business Administration in finance, with honors.New Risk • Jun 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$8.2m net loss next year). Shareholders have been diluted in the past year (8.6% increase in shares outstanding). Market cap is less than US$100m (US$16.4m market cap).お知らせ • Jun 12Golden Minerals Receives Continued Listing Standard Notice from NYSE AmericanOn June 10, 2023, Golden Minerals Company announced that on June 6, 2023, the company was notified by the NYSE American LLC (the ‘NYSE American’) that it was not in compliance with one of NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide (the ‘Company Guide’). Specifically, the Company is not in compliance with Section 1003(a)(iii) of the Company Guide since it reported stockholders’ equity of less than $6.0 million as of March 31, 2023 and losses from continuing operations and/or net losses in its five most recent fiscal years. In order to maintain its listing on the NYSE American, the Company was asked to submit a plan of compliance no later than July 6, 2023 advising how the Company intends to regain compliance with Section 1003(a)(iii) of the Company Guide by December 6, 2024. The Company intends to prepare and timely submit its plan of compliance to the NYSE American. The notification from the NYSE American has no immediate effect on the Company’s common stock or its business operations. The Company’s common stock will continue to be listed on the NYSE American under the symbol ‘AUMN’ while it regains compliance with Section 1003(a)(iii) of the Company Guide, subject to the Company’s compliance with other continued listing requirements.Price Target Changed • Jun 07Price target decreased by 16% to US$0.61Down from US$0.72, the current price target is an average from 3 analysts. New target price is 466% above last closing price of US$0.11. Stock is down 73% over the past year. The company is forecast to post a net loss per share of US$0.041 next year compared to a net loss per share of US$0.06 last year.お知らせ • Jun 07Golden Minerals Company Announces Restart of Silver and Gold Mining Operations At VelardenaGolden Minerals Company announced that it plans to restart silver-gold mining operations at its Velardena Properties located in Durango State, Mexico, subject to the receipt of sufficient capital. Golden Minerals' board of directors has approved plans to restart mining operations at Velardena. The decision to begin operations again at Velardena was primarily based on vastly improved sales terms now available to company for the gold-rich pyrite concentrate that is produced from flotation processing of Velardena mineralized material, which permit to restart operations without the significant expense of the previously planned bio-oxidation facility. Since the start of 2023, the company successfully processed 3,000 tons of material mined in the test mining activities in 2022 and sold approximately 600 tons of these concentrates under the improved terms with net receipts of approximately $1.5 million or about $500 per ton of mined material. These recent sales augur well for the potential success of the restart plans. The company anticipates that the company can start mining operations with minimal initial capital of approximately $0.5 million. The company internally developed mine plan projects the production of approximately 0.4 million silver equivalent ounces1 during 2023, with the potential to ramp up to approximately 1.6 million silver equivalent ounces per year thereafter. The company have contracted for completion of an independent technical report, which company expect will support internal projections. The company intend to begin preparations to start mining immediately. company's internal mine plan calls for underground resue mining, starting with four active stopes initially with processing at Velardena's Plant I flotation facility at an initial throughput rate of approximately 80 tonnes per day ("tpd"). As underground devel opment progresses, the number of stopes is anticipated to steadily increase over a period of months until 15 to 18 stopes are ultimately in continuous production. The mill is expected to reach a steady-state processing rate of approximately 325 tpd by the end of the year. All required permits are already in place, and because Plant I has recently been in use and processing previously mined Velardeña sulfide material, after startup as development costs continue to exceed net revenue, the maximum cash outflows of about $2.3 million, inclusive of the initial $0.5 million, are predicted to be paid back within the first nine months of operations.お知らせ • May 20Golden Minerals Company Announces Resignation of John Galassini as Chief Operating OfficerGolden Minerals Company announced on May 18, 2023, John Galassini, Chief Operating Officer of the company, notified the company of his resignation as an officer and employee of the company. Mr. Galassini’s resignation will be effective on May 31, 2023.Major Estimate Revision • May 17Consensus revenue estimates fall by 35%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$12.6m to US$8.25m. Forecast losses increased from -US$0.03 to -US$0.052 per share. Metals and Mining industry in the US expected to see average net income growth of 0.6% next year. Consensus price target broadly unchanged at US$0.71. Share price fell 24% to US$0.17 over the past week.Reported Earnings • May 12First quarter 2023 earnings released: US$0.019 loss per share (vs US$0.002 loss in 1Q 2022)First quarter 2023 results: US$0.019 loss per share (further deteriorated from US$0.002 loss in 1Q 2022). Revenue: US$4.22m (down 44% from 1Q 2022). Net loss: US$3.27m (loss widened US$2.95m from 1Q 2022). Revenue is expected to decline by 24% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the US are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Major Estimate Revision • Mar 31Consensus revenue estimates decrease by 45%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$23.2m to US$12.7m. EPS estimate increased from -US$0.03 to -US$0.02 per share. Metals and Mining industry in the US expected to see average net income decline 29% next year. Consensus price target down from US$0.82 to US$0.72. Share price fell 3.3% to US$0.20 over the past week.Price Target Changed • Mar 24Price target decreased by 13% to US$0.72Down from US$0.83, the current price target is an average from 3 analysts. New target price is 243% above last closing price of US$0.21. Stock is down 61% over the past year. The company is forecast to post a net loss per share of US$0.02 next year compared to a net loss per share of US$0.06 last year.Major Estimate Revision • Mar 16Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2022 has deteriorated. 2022 revenue forecast decreased from US$24.4m to US$23.6m. Losses expected to increase from US$0.044 per share to US$0.051. Metals and Mining industry in the US expected to see average net income decline 31% next year. Consensus price target of US$0.82 unchanged from last update. Share price was steady at US$0.21 over the past week.お知らせ • Feb 08Golden Minerals Reports Continued Exploration Success At Yoquivo Gold-Silver Project, MexicoGolden Minerals Company reported results from the final 10 holes of the third drill program conducted at its Yoquivo gold-silver project in northwest Chihuahua state, Mexico. Highlights from the program include: Phase 3 drilling, Yoquivo Project, Chihuahua 4.80mgrgrading 1.45 g/t Au and 510 g/t Ag from the Camila vein, 2.29m grading 3.86 g/t Au and 6 g/t Ag from t the Pertenencia Vein, 1.16m grading 4.25 g/t Au and 449 g/t Ag from the Camila Hangingwall Vein, 1.65m grading 1.30 g/t Au and 545 g/t Ag from the San Francisco Vein system. Widthrereported are true widths The 2022 drill program commenced in May 2022 and was compris of 34 holes t totaling 9,268.35m. The program was designed to follow up on high-grade intercepts from the Company's 2020 and 2021 drilling campaigns. To date, the Company has drilled 70 drill holes totaling over 16,000 meters at Yoquivo. The primary focus of the 2022 third drilling program was to sufficiently drill the Pertenencia vein system in order to advance the project towards an initial mineral resource estimate compliant with Canadian National Instrument 43-101 "NI 43-101" and Item 1300 of Regulation S-K promulgated by the SEC. The Company began work on the mineral resource estimate in November 2022 and currently expects it should be completed in the first quarter 2023. Partial results from the 2022 drill program were published on July 7th, 2022 and September 12th, 2022.Major Estimate Revision • Nov 18Consensus EPS estimates fall by 32%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$24.9m to US$24.4m. Losses expected to increase from US$0.03 per share to US$0.04. Metals and Mining industry in the US expected to see average net income decline 28% next year. Consensus price target broadly unchanged at US$0.82. Share price fell 5.1% to US$0.25 over the past week.Major Estimate Revision • Nov 17Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$24.9m to US$24.5m. Losses expected to increase from US$0.03 per share to US$0.04. Metals and Mining industry in the US expected to see average net income decline 24% next year. Consensus price target of US$0.83 unchanged from last update. Share price fell 8.8% to US$0.25 over the past week.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Deborah Friedman was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 11Third quarter 2022 earnings released: US$0.016 loss per share (vs US$0.003 profit in 3Q 2021)Third quarter 2022 results: US$0.016 loss per share (down from US$0.003 profit in 3Q 2021). Revenue: US$5.27m (down 38% from 3Q 2021). Net loss: US$2.70m (down US$3.11m from profit in 3Q 2021). Revenue is forecast to decline by 3.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 05Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be US$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 10% in a year. Earnings is forecast to decline by 173% in the next year.Buying Opportunity • Sep 13Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be US$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 10% in a year. Earnings is forecast to decline by 173% in the next year.Major Estimate Revision • Aug 25Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -US$0.03 to -US$0.03 per share. Revenue forecast of US$24.6m unchanged since last update. Metals and Mining industry in the US expected to see average net income decline 16% next year. Consensus price target down from US$0.85 to US$0.83. Share price fell 4.7% to US$0.28 over the past week.Buying Opportunity • Aug 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be US$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 11% in a year. Earnings is forecast to decline by 162% in the next year.Reported Earnings • Aug 12Second quarter 2022 earnings released: US$0.017 loss per share (vs US$0.005 loss in 2Q 2021)Second quarter 2022 results: US$0.017 loss per share (down from US$0.005 loss in 2Q 2021). Revenue: US$5.93m (up 1.1% from 2Q 2021). Net loss: US$2.81m (loss widened 247% from 2Q 2021). Over the next year, revenue is expected to shrink by 4.1% compared to a 1.1% decline forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Breakeven Date Change • Aug 12Forecast breakeven date pushed back to 2023The 3 analysts covering Golden Minerals previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 33% to 2022. The company is expected to make a profit of US$561.0k in 2023. Average annual earnings growth of 136% is required to achieve expected profit on schedule.Major Estimate Revision • Aug 05Consensus EPS estimates fall by 50%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$26.0m to US$25.1m. Losses expected to increase from US$0.01 per share to US$0.01. Metals and Mining industry in the US expected to see average net income decline 7.7% next year. Consensus price target down from US$0.99 to US$0.85. Share price was steady at US$0.32 over the past week.Price Target Changed • Aug 04Price target decreased to US$0.85Down from US$1.01, the current price target is an average from 3 analysts. New target price is 164% above last closing price of US$0.32. Stock is down 37% over the past year. The company is forecast to post a net loss per share of US$0.0067 next year compared to a net loss per share of US$0.013 last year.Major Estimate Revision • Jul 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -US$0.01 to -US$0.01 per share. Revenue forecast steady at US$26.0m. Metals and Mining industry in the US expected to see average net income decline 4.9% next year. Consensus price target of US$0.99 unchanged from last update. Share price fell 11% to US$0.32 over the past week.Reported Earnings • May 11First quarter 2022 earnings released: US$0.002 loss per share (vs US$0.02 loss in 1Q 2021)First quarter 2022 results: US$0.002 loss per share (up from US$0.02 loss in 1Q 2021). Revenue: US$7.51m (up 322% from 1Q 2021). Net loss: US$316.0k (loss narrowed 90% from 1Q 2021). Over the next year, revenue is expected to shrink by 6.8% compared to a 10% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Deborah Friedman was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS US$0.003 (vs US$0.009 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$8.48m (up 295% from 3Q 2020). Net income: US$411.0k (up US$1.70m from 3Q 2020). Profit margin: 4.8% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Reported Earnings • Aug 06Second quarter 2021 earnings released: US$0.005 loss per share (vs US$0.018 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$5.86m (up 379% from 2Q 2020). Net loss: US$810.0k (loss narrowed 65% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Reported Earnings • May 07First quarter 2021 earnings released: US$0.02 loss per share (vs US$0.031 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$1.78m (up 49% from 1Q 2020). Net loss: US$3.18m (loss narrowed 4.7% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.分析記事 • Feb 20The Golden Minerals (NYSEMKT:AUMN) Share Price Has Gained 150%, So Why Not Pay It Some Attention?It's been a soft week for Golden Minerals Company ( NYSEMKT:AUMN ) shares, which are down 14%. But that doesn't change... このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Golden Minerals は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測OTCPK:AUMN - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026N/A-3-5-5N/A12/31/2025N/A-3-4-4N/A9/30/2025N/A-3-4-4N/A6/30/2025N/A-4-5-5N/A3/31/2025N/A-4-6-6N/A12/31/2024N/A-5-8-8N/A9/30/2024-12-4-10-10N/A6/30/2024-9-5-10-10N/A3/31/2024-4-4-9-9N/A12/31/2023N/A-6-10-10N/A9/30/202316-10-10-10N/A6/30/202319-11-10-10N/A3/31/202320-12-12-12N/A12/31/202223-10-10-10N/A9/30/202228-4-3-3N/A6/30/202231-122N/A3/31/202231145N/A12/31/202126-201N/A9/30/202117-6-6-4N/A6/30/202111-7-9-8N/A3/31/20216-9-11-10N/A12/31/20206-9-10-9N/A9/30/20206-6-9-9N/A6/30/20206-6-9-9N/A3/31/20207-6-7-7N/A12/31/20198-5N/A-4N/A9/30/20198-8N/A-5N/A6/30/201911-4N/A-5N/A3/31/20198-4N/A-5N/A12/31/20187-2N/A-6N/A9/30/20187-3N/A-5N/A6/30/20183-5N/A-3N/A3/31/20187-4N/A-2N/A12/31/20177-4N/A-2N/A9/30/20177-2N/A-1N/A6/30/20177-2N/A-4N/A3/31/20177-5N/A-5N/A12/31/20166-11N/A-6N/A9/30/20167-12N/A-7N/A6/30/20167-28N/A-8N/A3/31/20167-28N/A-9N/A12/31/20158-25N/A-10N/A9/30/20156-29N/A-14N/A6/30/20155-15N/A-15N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: AUMNの予測収益成長が 貯蓄率 ( 3.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: AUMNの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: AUMNの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: AUMNの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: AUMNの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: AUMNの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/18 22:29終値2026/05/18 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Golden Minerals Company 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Eric ZaunscherbCanaccord GenuityHeiko IhleH.C. Wainwright & Co.Jacob SekelskyRoth Capital Partners
Price Target Changed • Jun 04Price target decreased by 72% to US$3.10Down from US$10.95, the current price target is provided by 1 analyst. New target price is 561% above last closing price of US$0.47. Stock is down 82% over the past year. The company posted a net loss per share of US$1.08 last year.
Major Estimate Revision • Nov 20Consensus EPS estimates upgraded to US$0.76 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$17.0m to US$16.2m. 2023 losses expected to reduce from -US$1.06 to -US$0.762 per share. Metals and Mining industry in the US expected to see average net income growth of 20% next year. Consensus price target down from US$10.95 to US$7.52. Share price was steady at US$0.49 over the past week.
Major Estimate Revision • Aug 20Consensus estimates of losses per share improve by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from US$16.4m to US$17.0m. EPS estimate increased from -US$1.40 per share to -US$1.06 per share. Metals and Mining industry in the US expected to see average net income growth of 3.8% next year. Consensus price target down from US$13.25 to US$10.95. Share price fell 8.5% to US$0.88 over the past week.
Major Estimate Revision • Jul 23Consensus revenue estimates increase by 14%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$14.4m to US$16.4m. EPS estimate fell from -US$1.02 to -US$1.40 per share. Metals and Mining industry in the US expected to see average net income decline 7.3% next year. Consensus price target down from US$15.25 to US$13.25. Share price fell 8.4% to US$1.41 over the past week.
Price Target Changed • Jun 07Price target decreased by 16% to US$0.61Down from US$0.72, the current price target is an average from 3 analysts. New target price is 466% above last closing price of US$0.11. Stock is down 73% over the past year. The company is forecast to post a net loss per share of US$0.041 next year compared to a net loss per share of US$0.06 last year.
Major Estimate Revision • May 17Consensus revenue estimates fall by 35%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$12.6m to US$8.25m. Forecast losses increased from -US$0.03 to -US$0.052 per share. Metals and Mining industry in the US expected to see average net income growth of 0.6% next year. Consensus price target broadly unchanged at US$0.71. Share price fell 24% to US$0.17 over the past week.
お知らせ • May 04Golden Minerals Company, Annual General Meeting, Jun 12, 2026Golden Minerals Company, Annual General Meeting, Jun 12, 2026. Location: embassy suites by hilton denver international, airport room mount evans, 7001 yampa street, colorado 80249, denver United States
お知らせ • Apr 02Golden Minerals Company announced delayed annual 10-K filingOn 04/01/2026, Golden Minerals Company announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • May 30Golden Minerals Company Appoints Anil Jiwani as Chief Financial Officer, Effective June 1, 2025On May 27, 2025, the Board of Directors of Golden Minerals Company appointed Anil Jiwani to serve as the Company’s Chief Financial Officer, effective as of June 1, 2025. Mr. Jiwani, 45, is an experienced financial executive with over 20 years of experience in accounting, corporate finance, and public company reporting, primarily in the mining and resource exploration sector. Mr. Jiwani will continue to serve as Chief Financial Officer of Perseverance Metals Inc. (since May 2024) and Chief Financial Officer and a director of Inomin Mines Inc. (since January 2022). He has previously served as Chief Financial Officer for several companies, including KORE Mining Ltd. and Karus Gold Corp. Mr. Jiwani began his career as an audit manager at PwC LLP and is a Chartered Professional Accountant in British Columbia. He holds a bachelor’s degree in accounting and information technology from the University of Texas at Dallas. Mr. Jiwani will also continue to serve as Chief Operating Officer and as a director of Avisar Everyday Solutions Ltd., of which he is a principal shareholder, positions he has held since May 2019.
お知らせ • May 14Golden Minerals Company announced delayed 10-Q filingOn 05/13/2025, Golden Minerals Company announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Apr 18Golden Minerals Company, Annual General Meeting, May 27, 2025Golden Minerals Company, Annual General Meeting, May 27, 2025. Location: lakeway resort & spa, suite pecos, texas 78734, texas 78734 United States
お知らせ • Apr 02An undisclosed Mexican company acquired Minera de Cordilleras, S. De R.L. de C.V. from Golden Minerals Company (OTCPK:AUMN) for $0.60 million.An undisclosed Mexican company signed an agreement to acquire Minera de Cordilleras, S. De R.L. de C.V. from Golden Minerals Company (OTCPK:AUMN) for $0.60 million on April 1, 2025. A cash consideration of $0.6 million will be paid by the buyer. As part of consideration, $0.6 million is paid towards common equity of Minera de Cordilleras, S. De R.L. de C.V. Upon consummation of the transaction, Minera de Cordilleras held net operating losses, inflation-adjusted capital contributions and five mining concessions in Mexico that had minimal value to Golden Minerals. Under Mexican law, the balance of Minera Cordilleras’ capital contribution accounts (“CUCAs”) may be bought and sold. All funds related to the sale of the CUCAs have been received by Golden Minerals. An undisclosed Mexican company completed the acquisition of Minera de Cordilleras, S. De R.L. de C.V. from Golden Minerals Company (OTCPK:AUMN) on April 1, 2025.
お知らせ • Apr 01Golden Minerals Company announced delayed annual 10-K filingOn 03/31/2025, Golden Minerals Company announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Dec 19Golden Minerals Company(OTCPK:AUMN) dropped from S&P TMI IndexGolden Minerals Company(OTCPK:AUMN) dropped from S&P TMI Index
お知らせ • Dec 12Golden Minerals Company Provides Non-Compliance UpdateOn December 6, 2024, Golden Minerals Company (the Company") received notification from the NYSE American LLC (the NYSE American" or the Exchange") that the Exchange determined to commence proceedings to suspend and delist the Company's common stock as a result of its determination that the Company is no longer suitable for listing due to its non-compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide, which require the Company to report stockholders' equity of $6.0 million or more if the Company has reported losses from continuing operations and/or net losses in its five most recent fiscal years, as previously reported. The Company anticipates that the Common Stock will begin trading on the OTC Pink Market under the symbol AUMN" at the open of business on December 16, 2024. Shareholders do not need to take any action in connection with this transition. The Company's stock will continue to be traded first on the NYSE American and immediately thereafter on the OTC Pink Market, and investors should be able to trade shares through their existing brokerage accounts. The Company is in the process of applying for quotation of its common stock on the OTCQB Venture Market. The transition of the Company's common stock to the OTC Markets will have no effect on the Company's business or operations or its listing on the Toronto Stock Exchange, where it trades under ticker symbol AUMN." The Company expects to continue to maintain compliance with the reporting requirements of the Securities Act of 1934, as amended (the Securities Act"), including the filing of periodic reports with the SEC under applicable federal securities laws.
お知らせ • Nov 17Golden Minerals Company announced delayed 10-Q filingOn 11/15/2024, Golden Minerals Company announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Reported Earnings • Aug 15First half 2024 earnings released: US$0.25 loss per share (vs US$0.62 loss in 1H 2023)First half 2024 results: US$0.25 loss per share (improved from US$0.62 loss in 1H 2023). Net loss: US$3.65m (loss narrowed 15% from 1H 2023). Revenue is expected to decline by 171% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.2%.
New Risk • Aug 15New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$2.0m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Negative equity (-US$2.0m). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Market cap is less than US$10m (US$5.50m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (US$2.8m revenue).
お知らせ • Aug 05+ 1 more updateGolden Minerals Company Announces Chief Financial Officer ChangesGolden Minerals Company has announced the retirement of the Company’s Senior Vice President and Chief Financial Officer, Julie Weedman. Ms. Weedman’s retirement, which has been expected for some time, will become effective on August 15, 2024. Ms. Weedman will remain available to the Company on a consulting basis after her retirement date. Ms. Weedman joined Golden Minerals in early January 2022. The Company announced that Joe Dwyer, Golden Minerals’ Corporate Controller, will serve as Chief Financial Officer of the Company. Mr. Dwyer has served as the Company’s Corporate Controller since joining Golden Minerals in September 2022. Previously, he served as Vice President and Corporate Controller at Kärcher North America, Director of Business Operations at Westmoreland Coal Company and Senior Manager of Financial Process & Controls at Cloud Peak Energy. Mr. Dwyer brings extensive experience with publicly held companies in corporate roles and as a manager within Deloitte’s assurance practice.
お知らせ • Jul 10Golden Minerals Company Receives Continued Listing Standard Notice from NYSE AmericanGolden Minerals Company (the ‘Company’) announced that on July 2, 2024, the Company was notified by the NYSE American LLC (the ‘NYSE American’) that it was not in compliance with three of the NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide (the ‘Company Guide’). Specifically, the Company is not in compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the Company Guide since it reported stockholders’ equity of $0.6 million as of March 31, 2024 and losses from continuing operations and/or net losses in its five most recent fiscal years. The Company was previously notified on June 9, 2023 that it was not in compliance with Section 1003(a)(iii). On July 6, 2023, the Company submitted a plan to achieve compliance by December 6, 2024. On August 22, 2023, the NYSE Regulation staff accepted the plan and granted a plan period through December 6, 2024. The notification from the NYSE American has no immediate effect on the Company’s common stock or its business operations. The Company’s common stock will continue to be listed on the NYSE American under the symbol ‘AUMN’ while it regains compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the Company Guide, subject to the Company’s compliance with other continued listing requirements.
お知らせ • Jun 19+ 1 more updateGolden Minerals Company Announces CEO ChangesGolden Minerals Company announced the retirement of the Company’s Chief Executive Officer, Warren Rehn, effective immediately. Mr. Rehn joined the Company in 2012 as Vice President Exploration and was promoted to President in spring of 2015 and to CEO in September 2015. Mr. Rehn, age 69, has been contemplating retirement for some time. Mr. Rehn has also resigned his position as a Director of the Company. Mr. Rehn will continue to support the Company, advising on exploration and technical activities as a consultant. Pablo Castaños, currently Executive Vice President, has been elected Chief Executive Officer and President of the Company and appointed to serve as a Director. Mr. Castaños joined the Company in July of 2023 and has been preparing for the role of President and CEO pending Mr. Rehn’s retirement. Mr. Castaños, a successful businessman, previously worked for Golden Minerals as vice president and director of corporate affairs from 2009 to 2013 before leaving to work for Goldcorp Inc. as director of environmental compliance and as vice president corporate social responsibility. Between 2016 and 2023, Mr. Castaños acted as a private investor in real estate development and construction.
Price Target Changed • Jun 04Price target decreased by 72% to US$3.10Down from US$10.95, the current price target is provided by 1 analyst. New target price is 561% above last closing price of US$0.47. Stock is down 82% over the past year. The company posted a net loss per share of US$1.08 last year.
お知らせ • Mar 05Golden Minerals Announces Passing of Director W. Durand EpplerGolden Minerals Company announced with deep sadness that W. Durand “Randy” Eppler, a member of the Company’s Board of Directors, passed away on February 27, 2024. Mr. Eppler was appointed to Golden Minerals’ Board in 2009 and served as a member of the Audit Committee and the Corporate Governance and Nominating Committee. With a successful career spanning over 40 years in the natural resources industry, Mr. Eppler most recently worked as Managing Director of Capstone Headwaters MB, a private, middle market investment banking institution. Earlier in his career, he worked for Newmont Mining, Newmont Capital and Chemical Bank.
お知らせ • Feb 05Golden Minerals Company has filed a Follow-on Equity Offering in the amount of AUD 8 million.Golden Minerals Company has filed a Follow-on Equity Offering in the amount of AUD 8 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 59,259,260 Price\Range: AUD 0.135 Transaction Features: Subsequent Direct Listing
お知らせ • Feb 03Golden Minerals Company, Annual General Meeting, Apr 30, 2024Golden Minerals Company, Annual General Meeting, Apr 30, 2024. Location: 350 Indiana St., 1st Floor Conference Center Golden United States
お知らせ • Jan 23Golden Minerals Company Begins Silver-Gold Mining Operations at its Velardeña Properties, Located in Durango State, MexicoGolden Minerals Company announced that on December 18, 2023, it began silver-gold mining operations at its Velardeña Properties, located in Durango State, Mexico. The Company has begun mining in six stopes and is steadily ramping up daily production to reach a rate of approximately 150 tonnes per day (tpd) in March, and ultimately a full production rate of approximately 325 tpd in the second quarter. The restart of mining operations follows the Company’s announcement in November 2023 that it had also begun producing gold-rich pyrite flotation concentrates from Velardeña. The concentrates come from material that has been stockpiled at the Velardeña Properties since the fourth quarter of 2015, when the mines were last operational. At that point, mining activities were suspended when a combination of low metals prices, mining dilution and metallurgical challenges rendered operations unprofitable. The Company elected to preserve the asset for future use, and since that time has evaluated a number of mining methods and processing alternatives that could enable sustainable profitable operations. The December 2023 restart of mining represents the culmination of that work. The Company anticipates continuing to produce the pyrite concentrates until such time that mine production can sustain continuous operation of the flotation plant to produce the three concentrates, lead-silver, zinc, and pyrite-gold from newly mined material.
お知らせ • Dec 07Transformaciones y Servicios Metalurgicos S.A. De C.V. acquired Santa Maria mining claims located in Chihuahua, Mexico from Golden Minerals Company (NYSEAM:AUMN) for $1.5 million.Transformaciones y Servicios Metalurgicos S.A. De C.V. acquired Santa Maria mining claims located in Chihuahua, Mexico from Golden Minerals Company (NYSEAM:AUMN) for $1.5 million on December 1, 2023. Upon closing, the Company has received (all figures in USD) $1.50 million plus $0.24 million in Value Added Tax (VAT). The Company is permitted to keep the VAT and use it to offset its current VAT receivable. In addition, sales terms include: TSM has granted Golden a 1.5% net smelter return royalty on the Santa Maria concession, capped at $1 million. TSM may purchase from Golden the right to receive the NSR royalty for $0.5 million at any time prior to TSM beginning commercial production at Santa Maria. Transformaciones y Servicios Metalurgicos S.A. De C.V. completed the acquisition of Santa Maria mining claims located in Chihuahua, Mexico from Golden Minerals Company (NYSEAM:AUMN) on December 1, 2023.
お知らせ • Nov 22Golden Minerals Company Begins Producing Gold-Bearing Pyrite Concentrate from its Velardeña Properties in Durango State, MexicoGolden Minerals Company announced that it has begun producing gold-bearing pyrite flotation concentrate from its Velardeña Properties in Durango State, Mexico. The Company is processing material that has been stockpiled at Velardeña since the mines last operated in 2015. The material was only partially processed during past operations and a gold and silver bearing pyrite concentrate has not previously been separated from the material. During periods of past operations, concentrate sales terms were uneconomic for the gold-bearing pyrite concentrate that comes from Velardeña. However, recent and notably more favorable market terms offered for these concentrates mean Velardeña's gold pyrite/arsenopyrite concentrates are now economic to process and sell. The Company began processing last week and estimates its first shipment of concentrates will take place this week. The Company plans to continue processing this previously stockpiled material until sufficient newly-mined material from Velardeña is available for processing at full capacity, which is anticipated to occur within the next several months. The Company plans to start mining at Velardeña in December 2023. The mining contractor is mobilizing now and will be on site the first week of December 2023.
Major Estimate Revision • Nov 20Consensus EPS estimates upgraded to US$0.76 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$17.0m to US$16.2m. 2023 losses expected to reduce from -US$1.06 to -US$0.762 per share. Metals and Mining industry in the US expected to see average net income growth of 20% next year. Consensus price target down from US$10.95 to US$7.52. Share price was steady at US$0.49 over the past week.
Reported Earnings • Nov 15Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: US$0.38 loss per share. Revenue: US$2.51m (down 52% from 3Q 2022). Net loss: US$3.18m (loss widened 18% from 3Q 2022). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Metals and Mining industry in the US.
お知らせ • Nov 10Golden Minerals Company has completed a Follow-on Equity Offering.Golden Minerals Company has completed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,000,000 Price\Range: $0.7 Discount Per Security: $0.04 Security Name: Series A Warrants Security Type: Equity Warrant Securities Offered: 6,000,000 Security Name: Series B Warrants Security Type: Equity Warrant Securities Offered: 3,000,000
New Risk • Nov 07New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 118% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (31% average weekly change). Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Market cap is less than US$10m (US$7.83m market cap). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$5.7m net loss next year).
New Risk • Oct 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$5.7m net loss next year). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (US$11.6m market cap).
お知らせ • Aug 25Golden Minerals Receives NYSE Acceptance of Plan to Regain Listing ComplianceOn August 23, 2023, Golden Minerals Company announced that the NYSE American (the ‘NYSE’) has accepted the Company’s business plan to regain compliance with the continued listing standards set forth in Section 1003(a)(iii) of the NYSE American Company Guide. As previously disclosed, on June 6, 2023, the Company received written notice from the NYSE that the Company was not in compliance with Section 1003(a)(iii) which requires a listed company to have stockholders’ equity of at least (US) $6 million when such issuer has sustained losses from continuing operations and/or net losses in its five most recent fiscal years. The Company reported stockholders’ equity of $4.1 million as of March 31, 2023 and $5.6 million as of June 30, 2023. On August 22, 2023, the NYSE accepted the Company’s plan to regain compliance and has granted to the Company a cure period of up to 18 months from the original notice of non-compliance, or until December 6, 2024. The listing of the Company’s common stock will continue pursuant to an extension during the plan period, during which time the Company will be subject to periodic review to determine whether it is making progress consistent with the accepted plan. Failure to make progress consistent with the plan or to regain compliance with the continued listing standards by December 6, 2024 could result in the Company’s shares of common stock being delisted from the NYSE American.
Major Estimate Revision • Aug 20Consensus estimates of losses per share improve by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from US$16.4m to US$17.0m. EPS estimate increased from -US$1.40 per share to -US$1.06 per share. Metals and Mining industry in the US expected to see average net income growth of 3.8% next year. Consensus price target down from US$13.25 to US$10.95. Share price fell 8.5% to US$0.88 over the past week.
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: US$0.21 loss per share (improved from US$0.43 loss in 2Q 2022). Revenue: US$4.97m (down 16% from 2Q 2022). Net loss: US$1.49m (loss narrowed 47% from 2Q 2022). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates by 58%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings.
New Risk • Jul 31New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.68m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Market cap is less than US$10m (US$9.68m market cap). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$8.2m net loss next year). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding).
Major Estimate Revision • Jul 23Consensus revenue estimates increase by 14%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$14.4m to US$16.4m. EPS estimate fell from -US$1.02 to -US$1.40 per share. Metals and Mining industry in the US expected to see average net income decline 7.3% next year. Consensus price target down from US$15.25 to US$13.25. Share price fell 8.4% to US$1.41 over the past week.
お知らせ • Jul 01Golden Minerals Company has completed a Follow-on Equity Offering in the amount of $2.069937 million.Golden Minerals Company has completed a Follow-on Equity Offering in the amount of $2.069937 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 790,000 Price\Range: $1.45 Discount Per Security: $0.087 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 637,587 Price\Range: $1.4499 Discount Per Security: $0.087 Transaction Features: Registered Direct Offering
お知らせ • Jun 17Golden Minerals Company Appoints Pablo Castaños as Executive Vice President, Effective July 1, 2023Golden Minerals Company announced that Pablo Castaños will be joining the Company on July 1, 2023, serving in a newly-created role of executive vice president. Mr. Castaños brings to the Company more than 20 years of global and strategic leadership expertise, including twelve years in the mining industry, in positions focusing on strategic planning, finance, compliance, sustainability, government affairs and risk management. Since 2017, he has served as managing partner of Integra QRO Hold and Magnolia OneZero Investments, LLC, real estate development and construction companies located in Querétaro, Mexico and Austin, Texas, respectively. Between 2013 and 2016, he worked at Goldcorp Inc. (now Newmont Corporation) in Vancouver, British Columbia, Canada, initially serving as director of environmental compliance and subsequently serving as vice president of corporate social responsibility. From 2009 to 2013, he worked at Golden Minerals, serving as director of corporate affairs and later as vice president of corporate affairs. Between 2007 and 2009, he held the role of director of investor relations with Apex Silver Mines, and from 2004 to 2007 he served as corporate manager of Minera San Cristóbal, the largest silver, zinc and lead mine in Bolivia. Mr. Castaños attended a graduate program conducted jointly by the Massachusetts Institute of Technology (MIT) and Gabriela Mistral University in Santiago, Chile, where he earned a Master of Business Administration in finance, with honors.
New Risk • Jun 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$8.2m net loss next year). Shareholders have been diluted in the past year (8.6% increase in shares outstanding). Market cap is less than US$100m (US$16.4m market cap).
お知らせ • Jun 12Golden Minerals Receives Continued Listing Standard Notice from NYSE AmericanOn June 10, 2023, Golden Minerals Company announced that on June 6, 2023, the company was notified by the NYSE American LLC (the ‘NYSE American’) that it was not in compliance with one of NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide (the ‘Company Guide’). Specifically, the Company is not in compliance with Section 1003(a)(iii) of the Company Guide since it reported stockholders’ equity of less than $6.0 million as of March 31, 2023 and losses from continuing operations and/or net losses in its five most recent fiscal years. In order to maintain its listing on the NYSE American, the Company was asked to submit a plan of compliance no later than July 6, 2023 advising how the Company intends to regain compliance with Section 1003(a)(iii) of the Company Guide by December 6, 2024. The Company intends to prepare and timely submit its plan of compliance to the NYSE American. The notification from the NYSE American has no immediate effect on the Company’s common stock or its business operations. The Company’s common stock will continue to be listed on the NYSE American under the symbol ‘AUMN’ while it regains compliance with Section 1003(a)(iii) of the Company Guide, subject to the Company’s compliance with other continued listing requirements.
Price Target Changed • Jun 07Price target decreased by 16% to US$0.61Down from US$0.72, the current price target is an average from 3 analysts. New target price is 466% above last closing price of US$0.11. Stock is down 73% over the past year. The company is forecast to post a net loss per share of US$0.041 next year compared to a net loss per share of US$0.06 last year.
お知らせ • Jun 07Golden Minerals Company Announces Restart of Silver and Gold Mining Operations At VelardenaGolden Minerals Company announced that it plans to restart silver-gold mining operations at its Velardena Properties located in Durango State, Mexico, subject to the receipt of sufficient capital. Golden Minerals' board of directors has approved plans to restart mining operations at Velardena. The decision to begin operations again at Velardena was primarily based on vastly improved sales terms now available to company for the gold-rich pyrite concentrate that is produced from flotation processing of Velardena mineralized material, which permit to restart operations without the significant expense of the previously planned bio-oxidation facility. Since the start of 2023, the company successfully processed 3,000 tons of material mined in the test mining activities in 2022 and sold approximately 600 tons of these concentrates under the improved terms with net receipts of approximately $1.5 million or about $500 per ton of mined material. These recent sales augur well for the potential success of the restart plans. The company anticipates that the company can start mining operations with minimal initial capital of approximately $0.5 million. The company internally developed mine plan projects the production of approximately 0.4 million silver equivalent ounces1 during 2023, with the potential to ramp up to approximately 1.6 million silver equivalent ounces per year thereafter. The company have contracted for completion of an independent technical report, which company expect will support internal projections. The company intend to begin preparations to start mining immediately. company's internal mine plan calls for underground resue mining, starting with four active stopes initially with processing at Velardena's Plant I flotation facility at an initial throughput rate of approximately 80 tonnes per day ("tpd"). As underground devel opment progresses, the number of stopes is anticipated to steadily increase over a period of months until 15 to 18 stopes are ultimately in continuous production. The mill is expected to reach a steady-state processing rate of approximately 325 tpd by the end of the year. All required permits are already in place, and because Plant I has recently been in use and processing previously mined Velardeña sulfide material, after startup as development costs continue to exceed net revenue, the maximum cash outflows of about $2.3 million, inclusive of the initial $0.5 million, are predicted to be paid back within the first nine months of operations.
お知らせ • May 20Golden Minerals Company Announces Resignation of John Galassini as Chief Operating OfficerGolden Minerals Company announced on May 18, 2023, John Galassini, Chief Operating Officer of the company, notified the company of his resignation as an officer and employee of the company. Mr. Galassini’s resignation will be effective on May 31, 2023.
Major Estimate Revision • May 17Consensus revenue estimates fall by 35%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$12.6m to US$8.25m. Forecast losses increased from -US$0.03 to -US$0.052 per share. Metals and Mining industry in the US expected to see average net income growth of 0.6% next year. Consensus price target broadly unchanged at US$0.71. Share price fell 24% to US$0.17 over the past week.
Reported Earnings • May 12First quarter 2023 earnings released: US$0.019 loss per share (vs US$0.002 loss in 1Q 2022)First quarter 2023 results: US$0.019 loss per share (further deteriorated from US$0.002 loss in 1Q 2022). Revenue: US$4.22m (down 44% from 1Q 2022). Net loss: US$3.27m (loss widened US$2.95m from 1Q 2022). Revenue is expected to decline by 24% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the US are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Mar 31Consensus revenue estimates decrease by 45%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$23.2m to US$12.7m. EPS estimate increased from -US$0.03 to -US$0.02 per share. Metals and Mining industry in the US expected to see average net income decline 29% next year. Consensus price target down from US$0.82 to US$0.72. Share price fell 3.3% to US$0.20 over the past week.
Price Target Changed • Mar 24Price target decreased by 13% to US$0.72Down from US$0.83, the current price target is an average from 3 analysts. New target price is 243% above last closing price of US$0.21. Stock is down 61% over the past year. The company is forecast to post a net loss per share of US$0.02 next year compared to a net loss per share of US$0.06 last year.
Major Estimate Revision • Mar 16Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2022 has deteriorated. 2022 revenue forecast decreased from US$24.4m to US$23.6m. Losses expected to increase from US$0.044 per share to US$0.051. Metals and Mining industry in the US expected to see average net income decline 31% next year. Consensus price target of US$0.82 unchanged from last update. Share price was steady at US$0.21 over the past week.
お知らせ • Feb 08Golden Minerals Reports Continued Exploration Success At Yoquivo Gold-Silver Project, MexicoGolden Minerals Company reported results from the final 10 holes of the third drill program conducted at its Yoquivo gold-silver project in northwest Chihuahua state, Mexico. Highlights from the program include: Phase 3 drilling, Yoquivo Project, Chihuahua 4.80mgrgrading 1.45 g/t Au and 510 g/t Ag from the Camila vein, 2.29m grading 3.86 g/t Au and 6 g/t Ag from t the Pertenencia Vein, 1.16m grading 4.25 g/t Au and 449 g/t Ag from the Camila Hangingwall Vein, 1.65m grading 1.30 g/t Au and 545 g/t Ag from the San Francisco Vein system. Widthrereported are true widths The 2022 drill program commenced in May 2022 and was compris of 34 holes t totaling 9,268.35m. The program was designed to follow up on high-grade intercepts from the Company's 2020 and 2021 drilling campaigns. To date, the Company has drilled 70 drill holes totaling over 16,000 meters at Yoquivo. The primary focus of the 2022 third drilling program was to sufficiently drill the Pertenencia vein system in order to advance the project towards an initial mineral resource estimate compliant with Canadian National Instrument 43-101 "NI 43-101" and Item 1300 of Regulation S-K promulgated by the SEC. The Company began work on the mineral resource estimate in November 2022 and currently expects it should be completed in the first quarter 2023. Partial results from the 2022 drill program were published on July 7th, 2022 and September 12th, 2022.
Major Estimate Revision • Nov 18Consensus EPS estimates fall by 32%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$24.9m to US$24.4m. Losses expected to increase from US$0.03 per share to US$0.04. Metals and Mining industry in the US expected to see average net income decline 28% next year. Consensus price target broadly unchanged at US$0.82. Share price fell 5.1% to US$0.25 over the past week.
Major Estimate Revision • Nov 17Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$24.9m to US$24.5m. Losses expected to increase from US$0.03 per share to US$0.04. Metals and Mining industry in the US expected to see average net income decline 24% next year. Consensus price target of US$0.83 unchanged from last update. Share price fell 8.8% to US$0.25 over the past week.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Deborah Friedman was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 11Third quarter 2022 earnings released: US$0.016 loss per share (vs US$0.003 profit in 3Q 2021)Third quarter 2022 results: US$0.016 loss per share (down from US$0.003 profit in 3Q 2021). Revenue: US$5.27m (down 38% from 3Q 2021). Net loss: US$2.70m (down US$3.11m from profit in 3Q 2021). Revenue is forecast to decline by 3.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 05Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be US$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 10% in a year. Earnings is forecast to decline by 173% in the next year.
Buying Opportunity • Sep 13Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be US$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 10% in a year. Earnings is forecast to decline by 173% in the next year.
Major Estimate Revision • Aug 25Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -US$0.03 to -US$0.03 per share. Revenue forecast of US$24.6m unchanged since last update. Metals and Mining industry in the US expected to see average net income decline 16% next year. Consensus price target down from US$0.85 to US$0.83. Share price fell 4.7% to US$0.28 over the past week.
Buying Opportunity • Aug 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be US$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to decline by 11% in a year. Earnings is forecast to decline by 162% in the next year.
Reported Earnings • Aug 12Second quarter 2022 earnings released: US$0.017 loss per share (vs US$0.005 loss in 2Q 2021)Second quarter 2022 results: US$0.017 loss per share (down from US$0.005 loss in 2Q 2021). Revenue: US$5.93m (up 1.1% from 2Q 2021). Net loss: US$2.81m (loss widened 247% from 2Q 2021). Over the next year, revenue is expected to shrink by 4.1% compared to a 1.1% decline forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Breakeven Date Change • Aug 12Forecast breakeven date pushed back to 2023The 3 analysts covering Golden Minerals previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 33% to 2022. The company is expected to make a profit of US$561.0k in 2023. Average annual earnings growth of 136% is required to achieve expected profit on schedule.
Major Estimate Revision • Aug 05Consensus EPS estimates fall by 50%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$26.0m to US$25.1m. Losses expected to increase from US$0.01 per share to US$0.01. Metals and Mining industry in the US expected to see average net income decline 7.7% next year. Consensus price target down from US$0.99 to US$0.85. Share price was steady at US$0.32 over the past week.
Price Target Changed • Aug 04Price target decreased to US$0.85Down from US$1.01, the current price target is an average from 3 analysts. New target price is 164% above last closing price of US$0.32. Stock is down 37% over the past year. The company is forecast to post a net loss per share of US$0.0067 next year compared to a net loss per share of US$0.013 last year.
Major Estimate Revision • Jul 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -US$0.01 to -US$0.01 per share. Revenue forecast steady at US$26.0m. Metals and Mining industry in the US expected to see average net income decline 4.9% next year. Consensus price target of US$0.99 unchanged from last update. Share price fell 11% to US$0.32 over the past week.
Reported Earnings • May 11First quarter 2022 earnings released: US$0.002 loss per share (vs US$0.02 loss in 1Q 2021)First quarter 2022 results: US$0.002 loss per share (up from US$0.02 loss in 1Q 2021). Revenue: US$7.51m (up 322% from 1Q 2021). Net loss: US$316.0k (loss narrowed 90% from 1Q 2021). Over the next year, revenue is expected to shrink by 6.8% compared to a 10% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Deborah Friedman was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS US$0.003 (vs US$0.009 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$8.48m (up 295% from 3Q 2020). Net income: US$411.0k (up US$1.70m from 3Q 2020). Profit margin: 4.8% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 06Second quarter 2021 earnings released: US$0.005 loss per share (vs US$0.018 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$5.86m (up 379% from 2Q 2020). Net loss: US$810.0k (loss narrowed 65% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Reported Earnings • May 07First quarter 2021 earnings released: US$0.02 loss per share (vs US$0.031 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$1.78m (up 49% from 1Q 2020). Net loss: US$3.18m (loss narrowed 4.7% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
分析記事 • Feb 20The Golden Minerals (NYSEMKT:AUMN) Share Price Has Gained 150%, So Why Not Pay It Some Attention?It's been a soft week for Golden Minerals Company ( NYSEMKT:AUMN ) shares, which are down 14%. But that doesn't change...