Golden Minerals Co, a Colorado-based precious metals exploration and development firm, experienced a notable decline in its stock value on Thursday. This decline occurred without any discernible news emerging from the company.
At the time of this publication, Golden Minerals Co stock (AUMN) has witnessed a decline.
Golden Minerals Co
Current Price: $1.02
Change : -0.81
Change (%): (-44.32%)
Volume: 2.1M
Source: Tomorrow Events Market Data
Over a span of five days, the market performance of Golden Minerals stock showed a decline of 20.39%. However, over a one-month period, the stock value surged by an impressive 60.34%. In contrast, the three-month trend exhibited a decline of 22.22%, with year-to-date (YTD) figures indicating a substantial drop of 85.26%. Looking back over the course of a year, Golden Minerals faced a staggering 85.67% decrease in its stock value.
Despite the significant fluctuation in stock performance, no recent press releases or filings with the Securities and Exchange Commission (SEC) have emerged to shed light on the cause behind these declines. Industry experts have likewise refrained from providing fresh coverage on Golden Minerals stock.
A glimpse into the ownership structure of Golden Minerals reveals a breakdown as follows:
– Private Companies: 0.002% (130 shares)
– Individual Insiders: 1.3% (107,206 shares)
– Institutions: 7.4% (628,677 shares)
– Hedge Funds: 8.0% (686,300 shares)
– VC/PE Firms: 17.6% (1,506,027 shares)
– General Public: 65.7% (5,618,532 shares)
Market analysts and investors are closely monitoring the situation, eagerly awaiting any potential updates from Golden Minerals or external sources that may offer insight into the factors influencing this market activity. The company’s future moves and responses to this development will likely be scrutinized as the market seeks to understand and respond to this unanticipated shift in stock performance.
Golden Minerals Co is scheduled to release its earnings report on November 9, 2023.
Golden Minerals Co, known as a Colorado-based gold-silver junior producer, currently operates one mine in Mexico, with a promising pipeline of development and exploration projects in Mexico, Argentina, and Nevada.
