In this article, I'll have a closer look at Golden Minerals (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.
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...
Only subscribers can access this article, which is part of the PRO research library covering 3,602 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: