Our analysts have released a new report on Golden Minerals Company (NYSE / TSX: AUMN), and it looks like they have some exciting news. They have completed a maiden high-grade inferred resource estimate of 17 Moz AgEq for the Yoquivo gold-silver project, which is definitely worth keeping an eye on.
Hey all, i have brought you some insights on AUMN from our analysts at Fundamental Research Corp.:
Although their 2022 production was down 16% YoY, AUMN is still showing potential. Our analysts have a positive outlook on gold/silver prices, as there is potential for the Fed to slow/pause rate hikes amid turmoil in the financial industry, slower GDP growth, and inflation tapering.
As gold equities had outperformed the metal during the last rally in early 2022, analysts believe AUMN has higher upside potential than the metal in the coming months.
Read the full analysis of the company here: https://www.researchfrc.com/golden-minerals-company-nyse-tsx-aumn-delineates-a-new-high-grade-silver-resource/
*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.