Golden Minerals Stock Price on November 21, 2024

AUMN Stock  USD 0.27  0.01  3.57%   
Below is the normalized historical share price chart for Golden Minerals extending back to April 20, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Golden Minerals stands at 0.27, as last reported on the 29th of November, with the highest price reaching 0.28 and the lowest price hitting 0.27 during the day.
IPO Date
25th of November 1997
200 Day MA
0.4032
50 Day MA
0.3022
Beta
0.232
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. Golden Minerals holds Efficiency (Sharpe) Ratio of -0.0108, which attests that the entity had a -0.0108% return per unit of risk over the last 3 months. Golden Minerals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Minerals' Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.20), and Standard Deviation of 5.68 to validate the risk estimate we provide.
  
At this time, Golden Minerals' Common Stock Total Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 9 M, while Total Stockholder Equity is likely to drop about 4.9 M. . As of the 29th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.02, while Price To Sales Ratio is likely to drop 0.35. Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0108

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Estimated Market Risk

 5.73
  actual daily
51
51% of assets are less volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Golden Minerals is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Golden Minerals by adding Golden Minerals to a well-diversified portfolio.
Price Book
9.3647
Enterprise Value Ebitda
(7.43)
Price Sales
1.4459
Shares Float
14.5 M
Wall Street Target Price
1.5

Related Headline

Platinum Group Headline on 21st of November 2024

Vancouver, British Columbia-- - West Vault Mining Inc. announces that Stephen Quin has resigned from the Board of Directors, effective November 21, 2024. The Company wishes to thank Mr. Quin or his time, services, and for the valuable contributions he made during his tenure as a director and wish him well in his future endeavors. The Company also ...

Golden Minerals Valuation on November 21, 2024

It is possible to determine the worth of Golden Minerals on a given historical date. On November 21, 2024 Golden was worth 0.26 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Minerals stock. Still, in general, we apply an absolute valuation method to find Golden Minerals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Golden Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Minerals' related companies.
 Open High Low Close Volume
  0.28    0.29    0.26    0.28    144,610  
11/21/2024
  0.26    0.27    0.26    0.27    117,616  
  0.27    0.28    0.26    0.27    137,295  
Backtest Golden Minerals  |  Golden Minerals History  |  Golden Minerals Valuation   PreviousNext  
Open Value
0.26
0.27
Closing Value
17.46
Upside

Golden Minerals Trading Date Momentum on November 21, 2024

On November 22 2024 Golden Minerals was traded for  0.27  at the closing time. The top price for the day was 0.28  and the lowest listed price was  0.26 . The trading volume for the day was 137.3 K. The trading history from November 22, 2024 did not cause price change. The overall trading delta against the current closing price is 3.70% .

Golden Minerals Fundamentals Correlations and Trends

By evaluating Golden Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Golden Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golden financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Golden Minerals Stock history

Golden Minerals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Golden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golden Minerals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Golden Minerals stock prices may prove useful in developing a viable investing in Golden Minerals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.5 MM
Net Loss-1.9 M-2 M

Golden Minerals Stock Technical Analysis

Golden Minerals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Golden Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Golden Minerals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Golden Minerals Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Golden Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Golden Minerals November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Golden Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Minerals shares will generate the highest return on investment. By undertsting and applying Golden Minerals stock market strength indicators, traders can identify Golden Minerals entry and exit signals to maximize returns

Golden Minerals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Golden Minerals' price direction in advance. Along with the technical and fundamental analysis of Golden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golden to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Minerals. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.53)
Revenue Per Share
0.23
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.44)
Return On Equity
(4.95)
The market value of Golden Minerals is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Golden Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Minerals' market value can be influenced by many factors that don't directly affect Golden Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.