Golden Minerals Company (AMEX:AUMN) shares traded higher over the last trading session, gaining 0.43% on 05/20/21. The shares fell to a low of $0.75 before closing at $0.77. Intraday shares traded counted 0.57 million, which was 54.97% higher than its 30-day average trading volume of 1.26M. AUMN’s previous close was $0.77 while the outstanding shares total 160.44M. The firm has a beta of 1.36. The stock’s Relative Strength Index (RSI) is 55.36, with weekly volatility at 5.76% and ATR at 0.04. The AUMN stock’s 52-week price range has touched low of $0.31 and a $1.30 high.
Investors have identified the Other Precious Metals & Mining company Golden Minerals Company as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $121.44 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Golden Minerals Company (AUMN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 11.74 million total, with 3.23 million as their total liabilities.
AUMN were able to record -3.91 million as free cash flow during the 08/12/2021 quarter of the year, this saw their quarterly net cash flow reduce by -1.73 million. In cash movements, the company had a total of -3.91 million as operating cash flow.
Potential earnings growth for Golden Minerals Company (AUMN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/12/2021 quarter of the year, Golden Minerals Company recorded a total of 1.78 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 32.73% coming in sequential stages and their sales for the 08/12/2021 quarter increasing by 39.76%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.54 million trying to sell their products during the last quarter, with the result yielding a gross income of 0.24 million. This allows shareholders to hold on to 160.44M with the recently reported earning now reading -0.02 cents per share. This is a figure that compared to analyst’s prediction for their 08/12/2021 (-0.02 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.03 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AUMN sounds very interesting.
Is the stock of AUMN attractive?
In related news, 10% Owner, SENTIENT GLOBAL RESOURCES FUND sold 1,868,378 shares of the company’s stock in a transaction that recorded on Feb 22. The sale was performed at an average price of 0.84, for a total value of 1,563,459. As the sale deal closes, the 10% Owner, SENTIENT GLOBAL RESOURCES FUND now sold 195,551 shares of the company’s stock, valued at 162,327. Also, 10% Owner, SENTIENT GLOBAL RESOURCES FUND sold 231,839 shares of the company’s stock in a deal that was recorded on Oct 30. The shares were price at an average price of 0.42 per share, with a total market value of 97,372. Following this completion of acquisition, the 10% Owner, SENTIENT GLOBAL RESOURCES FUND now holds 31,700 shares of the company’s stock, valued at 13,948. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.93%.
2 out of 3 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Golden Minerals Company. 0 analysts has assigned a Sell rating on the AUMN stock. The 12-month mean consensus price target for the company’s shares has been set at $1.02.