Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

Golden Minerals Is Not Out Of The Woods Yet, But Shares Remain Attractive For Silver Bulls

One of the best performing stocks that I follow year to date, and over the past month or so has been Golden Minerals (NYSEMKT:AUMN). The stock has nearly tripled for the year given a few factors.

  1. Silver and gold miners in general have been rising given their 2013 weakness and given the recent strength in the underlying metals.
  2. Golden Minerals had been especially depressed, as a confluence of events took the stock from over $20/share to $0.50/share.
  3. Golden Minerals announced that it would be restarting production at its flagship Velardena Project in Mexico on June 18th.

The shares now trade at $1.30 each, and a chart of the stock reveals an onslaught of investor interest.

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