Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Golden Minerals Ord Shs T.AUMN

Alternate Symbol(s):  AUMN

Metals & Mining Industrial Metals & Minerals
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

Golden Minerals Ord Shs
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(77)
•••
Post by sdhakaon May 14, 2024 3:51pm
211 Views
Post# 36039541

FRC analysts are pleased as Golden Minerals has announced..

FRC analysts are pleased as Golden Minerals has announced..

Golden Minerals has announced sale of Velardea assets!
AUMN has entered into an agreement with a privately held Mexican company to sell its Velardea assets for US$5.5M.


FRC analysts are pleased with this development as their previous fair value estimate did not account for any value on these asses.
Earlier this year, AUMN had ceased production at Velardea due to initial production results not meeting management expectations.


Factoring in this deal, AUMN has US$8M in working capital vs US$7.5M in MCAP, implying that shares are trading below liquid assets. Additionally, the market seems.... Continue reading this here:https://www.researchfrc.com/content/analyst-ideas/post/83/us-outlook-a-limited-time-opportunity-in-the-junior-gold-space

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities