HC Wainwright Analysts Give Golden Minerals (AUMN) a $1.00 Price Target

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Golden Minerals (NYSEAMERICAN:AUMN) (TSE:AUM) has been assigned a $1.00 price target by equities researchers at HC Wainwright in a report issued on Thursday. The firm presently has a “buy” rating on the basic materials company’s stock. HC Wainwright’s target price would indicate a potential upside of 320.17% from the stock’s current price.

Separately, Zacks Investment Research raised Golden Minerals from a “hold” rating to a “buy” rating and set a $0.25 price objective on the stock in a research report on Wednesday, September 12th.

Shares of Golden Minerals stock opened at $0.24 on Thursday. Golden Minerals has a 52 week low of $0.19 and a 52 week high of $0.49.

Golden Minerals (NYSEAMERICAN:AUMN) (TSE:AUM) last announced its quarterly earnings data on Thursday, August 9th. The basic materials company reported ($0.02) EPS for the quarter. The business had revenue of $1.73 million during the quarter. Golden Minerals had a negative net margin of 17.96% and a negative return on equity of 14.24%.

About Golden Minerals

Golden Minerals Company, an exploration stage company, engages in mining, construction, and exploration of mineral properties. It explores for gold, silver, zinc, lead, and other minerals. The company owns 100% interest in the Velardeña and Chicago precious metals mining properties in the State of Durango, Mexico; and the El Quevar advanced silver exploration property in the province of Salta, Argentina.

Further Reading: Balance Sheet

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