OverviewSuggest Edit

Golden Minerals Company is a mining company that owns the Velardeña and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar advanced exploration silver property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located primarily in or near historical precious metals producing regions of Mexico. The Company operates in two segments, one for its Velardeña Properties in Mexico and the other comprised of non-revenue producing activities including exploration, construction and general and administrative activities.

TypePublic
Founded2009
HQGolden, CO, US
Websitegoldenminerals.com

Latest Updates

Employees (est.) (Dec 2019)170(-4%)
Revenue (FY, 2020)$5.6 M(-27%)
Share Price (Jul 2021)$0.5
Cybersecurity ratingCMore

Key People/Management at Golden Minerals

Robert P. Vogels

Robert P. Vogels

Senior Vice President, Chief Financial Officer and Corporate Secretary
Jeffrey G. Clevenger

Jeffrey G. Clevenger

Chairman
Warren M. Rehn

Warren M. Rehn

President and Chief Executive Officer, Director
Karen L. Winkler

Karen L. Winkler

Director of Investor Relations and Assistant Corporate Secretary
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Golden Minerals Office Locations

Golden Minerals has offices in Golden, Salta and Torreón
Golden, CO, US (HQ)
350 Indiana St #800
Torreón, MX
Calle Rio Tamesis 2505, Magdalenas
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Golden Minerals Financials and Metrics

Golden Minerals Revenue

Golden Minerals's revenue was reported to be $5.64 m in FY, 2020
USD

Revenue (Q1, 2021)

1.8m

Gross profit (Q1, 2021)

242.0k

Gross profit margin (Q1, 2021), %

13.6%

Net income (Q1, 2021)

(3.2m)

EBIT (Q1, 2021)

(2.8m)

Market capitalization (28-Jul-2021)

88.4m

Closing stock price (28-Jul-2021)

0.5

Cash (31-Mar-2021)

8.0m
Golden Minerals's current market capitalization is $88.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

8.1m6.4m6.7m7.2m7.7m5.6m

Revenue growth, %

(21%)

Cost of goods sold

2.4m2.0m

Gross profit

5.4m3.6m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.5m1.6m1.7m1.6m1.7m1.8m1.6m1.7m1.9m1.9m1.9m1.2m1.2m2.1m1.8m

Cost of goods sold

594.0k564.0k420.0k582.0k1.5m

Gross profit

1.4m632.0k804.0k1.6m242.0k

Gross profit Margin, %

69%53%66%73%14%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(62.7m)(92.0m)

Depreciation and Amortization

2.8m10.0m

Inventories

1.1m2.5m(764.0k)861.0k85.0k3.0k13.0k(2.0k)(53.0k)

Accounts Payable

(2.5m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(34.5m)(46.3m)(10.1m)(17.8m)(81.1m)(6.3m)(224.1m)(5.0m)

Depreciation and Amortization

863.0k1.6m1.8m3.8m6.6m2.6m5.1m(778.0k)544.0k

Inventories

(149.0k)299.0k(388.0k)1.6m2.1m63.0k384.0k(213.0k)154.0k200.0k393.0k(1.0k)40.0k66.0k(24.0k)(36.0k)(22.0k)(17.0k)3.0k(9.0k)(2.0k)3.0k53.0k45.0k33.0k(1.5m)

Accounts Payable

(1.6m)(1.9m)(1.7m)(767.0k)
USDQ2, 2011

Financial Leverage

1.1 x
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Golden Minerals Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Golden Minerals Online and Social Media Presence

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Golden Minerals News and Updates

Golden Minerals Produces 3,452 Ounces Gold and 12,323 Ounces Silver in Q2 2021

GOLDEN, Colo., July 13, 2021 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) is pleased to report payable production for the second quarter 2021 of 3,634 gold equivalent ounces (“AuEq””) consisting of 3,452 gold ounces and 12…

Golden Minerals Announces Positive Initial Results from its Rodeo Gold-Silver Mine Expansion Drilling, Including 14.7m @ 3.94 g/t Au

GOLDEN, Colo., June 10, 2021 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce initial results from its ongoing expansion drill program at its Rodeo open pit gold mine in Durango State, Mexico.

Golden Minerals Announces Intent to Adjourn 2021 Annual Meeting of Stockholders

GOLDEN, Colo., May 13, 2021 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) announced today that it intends to call to order and then immediately adjourn its virtual annual meeting of stockholders commencing Thursday May 13, …

Golden Minerals on Track with 1st Quarter 2021 Gold-Silver Production

GOLDEN, Colo., April 19, 2021 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce first quarter 2021 production results from its Rodeo gold-silver mine in Durango State, Mexico.

Golden Minerals Announces Expansion Drilling at Rodeo Gold Mine

GOLDEN, Colo., March 21, 2021 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce it has begun an exploration drilling program at its operating Rodeo gold mine (Durango State, Mexico) aimed at expanding the…

Golden Minerals Announces First Gold Pour at Rodeo

GOLDEN, Colo., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to report the first gold pour from its Rodeo gold project in Durango State, Mexico. The pour occurred on January 30, 2021, on schedule an…
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Golden Minerals Frequently Asked Questions

  • When was Golden Minerals founded?

    Golden Minerals was founded in 2009.

  • Who are Golden Minerals key executives?

    Golden Minerals's key executives are Robert P. Vogels, Jeffrey G. Clevenger and Warren M. Rehn.

  • How many employees does Golden Minerals have?

    Golden Minerals has 170 employees.

  • What is Golden Minerals revenue?

    Latest Golden Minerals annual revenue is $5.6 m.

  • What is Golden Minerals revenue per employee?

    Latest Golden Minerals revenue per employee is $33.2 k.

  • Who are Golden Minerals competitors?

    Competitors of Golden Minerals include OZ Minerals, Midway Gold and Dakota Territory Resource.

  • Where is Golden Minerals headquarters?

    Golden Minerals headquarters is located at 350 Indiana St #800, Golden.

  • Where are Golden Minerals offices?

    Golden Minerals has offices in Golden, Salta and Torreón.

  • How many offices does Golden Minerals have?

    Golden Minerals has 3 offices.