Golden Minerals Co (NYSEAMERICAN:AUMN) (TSE:AUM) was the recipient of a significant growth in short interest in the month of June. As of June 29th, there was short interest totalling 2,617,550 shares, a growth of 1.2% from the June 15th total of 2,586,875 shares. Currently, 5.0% of the shares of the company are short sold. Based on an average daily trading volume, of 246,407 shares, the short-interest ratio is presently 10.6 days.

Shares of NYSEAMERICAN AUMN traded down $0.01 during trading hours on Wednesday, reaching $0.28. 110,596 shares of the stock were exchanged, compared to its average volume of 132,280. Golden Minerals has a 52 week low of $0.28 and a 52 week high of $0.64.

Golden Minerals (NYSEAMERICAN:AUMN) (TSE:AUM) last announced its earnings results on Wednesday, May 2nd. The basic materials company reported ($0.01) earnings per share for the quarter. The firm had revenue of $1.64 million for the quarter. Golden Minerals had a negative return on equity of 14.24% and a negative net margin of 17.96%.

AUMN has been the topic of a number of recent research reports. HC Wainwright set a $1.00 target price on Golden Minerals and gave the stock a “buy” rating in a research note on Monday, March 26th. Zacks Investment Research lowered Golden Minerals from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 2nd.

About Golden Minerals

Golden Minerals Company, an exploration stage company, engages in mining, construction, and exploration of mineral properties. It explores for gold, silver, zinc, lead, and other minerals. The company owns 100% interest in the VelardeƱa and Chicago precious metals mining properties in the State of Durango, Mexico; and the El Quevar advanced silver exploration property in the province of Salta, Argentina.

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