Golden Minerals (NYSE:AUMN) Posts Earnings Results

Golden Minerals (NYSE:AUMNGet Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.02) earnings per share for the quarter, reports. Golden Minerals had a negative net margin of 77.16% and a negative return on equity of 227.26%. The company had revenue of $0.30 million during the quarter.

Golden Minerals Trading Up 9.9 %

NYSE AUMN opened at $0.29 on Thursday. The stock’s 50-day simple moving average is $0.43. Golden Minerals has a one year low of $0.26 and a one year high of $7.00.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Jane Street Group LLC bought a new position in Golden Minerals in the third quarter valued at approximately $292,000. Renaissance Technologies LLC lifted its position in shares of Golden Minerals by 87.5% in the first quarter. Renaissance Technologies LLC now owns 882,488 shares of the company’s stock valued at $179,000 after buying an additional 411,765 shares during the last quarter. State Street Corp lifted its position in shares of Golden Minerals by 62.4% in the first quarter. State Street Corp now owns 255,615 shares of the company’s stock valued at $128,000 after buying an additional 98,236 shares during the last quarter. Virtu Financial LLC lifted its holdings in Golden Minerals by 264.2% during the 1st quarter. Virtu Financial LLC now owns 153,867 shares of the company’s stock worth $77,000 after purchasing an additional 111,616 shares during the last quarter. Finally, Citadel Advisors LLC lifted its holdings in Golden Minerals by 126.3% during the 3rd quarter. Citadel Advisors LLC now owns 274,079 shares of the company’s stock worth $71,000 after purchasing an additional 152,974 shares during the last quarter. 62.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Golden Minerals in a research report on Thursday, March 14th. They issued a “sell” rating on the stock.

Check Out Our Latest Stock Analysis on Golden Minerals

About Golden Minerals

(Get Free Report)

Golden Minerals Company, a precious metals exploration company explores for mineral properties. It explores for gold, silver, copper, 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 VelardeƱa and Chicago gold-silver mining properties and associated oxide and sulfide processing plants located in the State of Durango, Mexico.

Further Reading

Earnings History for Golden Minerals (NYSE:AUMN)

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