Insider Activity to Watch: Golden Minerals Company $AUMN

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Golden Minerals Company (ARCA:AUMN) insiders have most recently took part in a trading activity. On Nov 28, 2017 Clevenger Jeffrey G, Director bought 12,000 shares having total worth of $5,040 at the price of $0.42 per share, following the transaction a total of 565,883 shares owned by Clevenger Jeffrey G. Before this latest buy, Clevenger Jeffrey G purchased AUMN at 1 other times during the past twelve months, for a total investment of $5,485 at an average of $0.41 per share.

On the same day, Vogels Robert P, Senior VP and CFO bought 25,000 shares having total worth of $10,500 at the price of $0.42 per share, following the transaction a total of 250,303 shares owned by Vogels Robert P.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 4 times by insiders. an employee of the company was the buyer in 4 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 0 -28.06%
12 Month 4 0 -31.97%

Shares of Golden Minerals Company (ARCA:AUMN) traded down 4.76% on Nov 27, 2017, hitting $0.4. 138,092 shares of the company’s stock traded hands. Golden Minerals Company has a 52 week low of $0.39 and a 52 week high of $1.07. The company’s market cap is $67 million.

Golden Minerals Company (ARCA:AUMN) last announced its earnings results on Nov 7, 2017. The company reported 0.00 earnings per share (EPS) for the quarter. The company had revenue of $2 million for the quarter During the same quarter in the previous year, the company posted -0.01 earnings per share. The company’s revenue for the quarter was up 2% on a year-over-year basis.

2017-11-07 2017-08-08 2017-02-28 2016-08-11 2016-02-25 2015-11-16 2015-05-06 2015-02-27 2014-11-06 2014-08-06
earnings per share 0.00 0.00 0.01 -0.05 -0.02 -0.32 -0.07 -0.08 -0.08 -0.12
Revenue(M) 1.77 1.69 1.63 1.58 1.99 1.79 2.34 0.24 0 0

Golden Minerals Co. was incorporated in Delaware under the Delaware General Corporation Law in March 2009 and is the successor to Apex Silver Mines Ltd for purposes of reporting under the U.S. Securities Exchange Act. It is is a mining Company with a focus on exploration, development, providing mining services, and growth through strategic business transactions. The Company is an emerging precious metals producer, primarily engaged in the operation and further development of its recently acquired Velardeña gold, silver and base metals mines in the State of Durango, Mexico, and in the advancement of the 100% owned El Quevar advanced silver exploration property in the province of Salta, Argentina. The Company’s business strategy is to establish Golden Minerals as a mid-tier precious metals producer, focusing on expansion of production and operational improvements at the Velardeña Operations and continued advancement of the El Quevar project. The Velardeña Operations are comprised of four mines and two processing plants within the Velardeña mining district, which is located in the municipality of Cuencamé, in the northeast quadrant of the State of Durango, Mexico. Of the four mines comprising the Velardeña Operations, the Santa Juana, San Juanes and San Mateo underground mines are located on the Velardeña property. The Santa Juana mine, which has been the focus of ECU’s mining efforts since 1995, is currently a producing mine, as is the San Juanes mine. The San Mateo mine is currently in the development stage. The Company owns a 320 tonne-per-day flotation sulfide mill situated near the town of Velardeña. The mill has fully operational lead, zinc, and pyrite flotation circuit which produces lead, zinc and pyrite concentrates from the sulfide ore. On the Chicago property, the oldest rocks outcropping are Cretaceous limestones of the Aurora Formation which are highly folded. These limestones are affected by the intrusion of the Tertiary dioritic stocks and dykes. The general geology of the Chicago property is very similar to the geology of the Velardeña property. The Company’s El Quevar silver project is located in the San Antonio de los Cobres municipality, Salta province, in the Altiplano region of northwestern Argentina, approximately 300 kilometers by road northwest of the city of Salta, the capital city of the province.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.