The trading price of Golden Minerals Company (NYSE:AUMN) closed lower on Friday, Feb 19, closing at $0.83, -0.59% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.8050 and $0.8382. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 1.36. In examining the 52-week price action we see that the stock hit a 52-week high of $1.3 and a 52-week low of $0.13. Over the past month, the stock has gained 17.99% in value.
Golden Minerals Company, whose market valuation is $127.82 Million at the time of this writing, is expected to release its quarterly earnings report May 05, 2021- May 10, 2021. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.02 per share this quarter, however they have predicted annual earnings per share of $0.01 for 2021 and $0.04 for 2022. It means analysts are expecting annual earnings per share growth of -1.14% this year and 3% next year.
On the technical side, indicators suggest AUMN has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
To see how Golden Minerals Company stock has been performing in comparison to its peers in the industry, here are the numbers: AUMN stock’s performance was -0.59% in the latest trading, and +174.12% in the past year, while Bhp Billiton Ltd (BHP) has traded +0.41% on the day and positioned +50.3% higher than it was a year ago. Another comparable company Rio Tinto Plc (RIO) saw its stock close 2.16% higher in the most recent trading session but was up +66.06% in a year. Furthermore, Bhp Billiton Plc (BBL) showed a decline of -0.59% on the day while its price kept rising at 174.12% over the past year. Golden Minerals Company has a P/E ratio of 0, compared to Bhp Billiton Ltd’s 27.7 and Rio Tinto Plc’s 15. Also in last trading session, the S&P 500 Index has soared -0.19%, while the Dow Jones Industrial also saw a negative seesion, down 0% on the day.
An evaluation of the daily trading volume of Golden Minerals Company (NYSE:AUMN) indicates that the 3-month average is 2.72 Million. However, this figure has increased over the past 10 days to an average of 2.74 Million.
Currently, records show that 151.51 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 0.99% of outstanding shares, whereas institutions hold 29.63%. The stats also highlight that short interest as of January 28, 2021, stood at 8.22 Million shares, resulting in a short ratio of 3.91 at that time. From this, we can conclude that short interest is 5.43% of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 9Million. However, since the stock’s price has seen +8.57% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
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