The Investment Doctor
Long/short equity, value, debt, base metals

Golden Minerals - Beaten Up But Not Dead Yet

Introduction

In this article, I'll have a closer look at Golden Minerals (NYSEMKT:AUMN), which recently suspended production at its Mexican silver mine due to the low silver prices. I will discuss its main projects in brief and try to determine which silver price the company needs to re-open its Velardena silver mine. The company is listed on the NYSE MKT and the Toronto Stock Exchange. As there's plenty of volume on the NYSE-listing, I'd recommend to trade in Golden Minerals there.

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Golden Minerals had a very rough year as its market capitalization tumbled from in excess of $300M to its current level (and lost about 25% of its market cap last week), so the company...

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