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Golden Minerals Ord Shs T.AUMN

Alternate Symbol(s):  AUMN

Golden Minerals Company is a precious metals mining exploration company. The Company holds a 100% interest in the Rodeo property in Durango State, Mexico (the Rodeo Property), a 100% interest in the Velardena oxide processing plant and related water wells in the state of Durango, Mexico (the Velardena Properties) which are subject to a purchase agreement with a private Mexican entity, and a diversified portfolio of precious metals and other mineral exploration properties located primarily in or near historical precious metals producing regions of Mexico, Argentina and Nevada. The Velardena Properties, and the Yoquivo exploration property in Mexico, are the Company’s only material properties. The Yoquivo Project is located 210 km west-southwest of the city of Chihuahua, in Ocampo Municipality, Chihuahua State. The Yoquivo Project consists of approximately seven mining concessions with an area totaling about 1,975 hectares (Ha).


TSX:AUMN - Post by User

Post by JasleenDhakaon Apr 05, 2023 5:38pm
279 Views
Post# 35381994

New analyst report on AUMN

New analyst report on AUMN

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.

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