Fundamental Research Reaffirms “Buy” Rating for Golden Minerals (TSE:AUMN)

Fundamental Research restated their buy rating on shares of Golden Minerals (TSE:AUMNGet Rating) in a report released on Tuesday morning, Stock Target Advisor reports. Fundamental Research currently has a C$1.00 price target on the stock.

Golden Minerals Price Performance

Shares of AUMN opened at C$0.33 on Tuesday. The company has a market capitalization of C$55.27 million and a P/E ratio of 33.00. Golden Minerals has a one year low of C$0.29 and a one year high of C$0.81. The business’s 50 day simple moving average is C$0.36 and its 200-day simple moving average is C$0.41. The company has a debt-to-equity ratio of 4.41, a current ratio of 2.27 and a quick ratio of 1.67.

About Golden Minerals

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Golden Minerals Company, a precious metals exploration company, mines, constructs, and explores for mineral properties containing precious metals. It explores for gold, silver, zinc, lead, and other minerals. The company holds a 100% interest in the Rodeo gold mine situated in Durango State, Mexico; and a 100% interest in the Velardeña and Chicago gold-silver mining properties and associated oxide and sulfide processing plants located in the State of Durango, Mexico.

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