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, US
Websitegoldenminerals.com

Latest Updates

Employees (est.) (Dec 2019)170(-4%)
Revenue (FY, 2019)$7.7 M(+8%)
Share Price (Nov 2020)$0.6 (+8%)
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, US (HQ)
350 Indiana St #800
Torreón, MX
Calle Rio Tamesis 2505, Magdalenas
Show all (3)

Golden Minerals Financials and Metrics

Golden Minerals Revenue

Golden Minerals's revenue was reported to be $7.73 m in FY, 2019
USD

Revenue (Q3, 2020)

2.1m

Gross profit (Q3, 2020)

1.6m

Gross profit margin (Q3, 2020), %

72.9%

Net income (Q3, 2020)

(1.3m)

EBIT (Q3, 2020)

(1.2m)

Market capitalization (27-Nov-2020)

83.8m

Closing stock price (27-Nov-2020)

0.6

Cash (30-Sept-2020)

8.7m
Golden Minerals's current market capitalization is $83.8 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

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

Revenue growth, %

(21%)

Cost of goods sold

2.4m

Gross profit

5.4m
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, 2020

Revenue

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

Cost of goods sold

594.0k564.0k420.0k582.0k

Gross profit

1.4m632.0k804.0k1.6m

Gross profit Margin, %

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

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)

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, 2020

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

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

77/100

SecurityScorecard logo

Golden Minerals Online and Social Media Presence

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Golden Minerals News and Updates

Golden Minerals Receives Final Environmental Permits for Rodeo Gold Project; Company on Track for January 2021 Gold Production

GOLDEN, Colo., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) is pleased to announce it has received final environmental permits for its Rodeo gold-silver project located in Durango State, Mexico. The Company i…

Golden Minerals Drills 30.3m Grading 3.1 g/t Au at the Rodeo Gold Project

GOLDEN, Colo., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced it has received final assays from its resource definition drill program at the Rodeo gold-silver project located in Durango State, M…

Golden Minerals Drills 24m Grading 6.7 g/t Au at its Rodeo Gold Project, Durango, Mexico

GOLDEN, Colo., Aug. 26, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced it has received a second set of assay results from its resource definition drill program at the Rodeo gold-silver project located in…

Golden Minerals Drills 23.4m Grading 5.96 g/t Au at Rodeo Gold Project, Durango, Mexico

GOLDEN, Colo., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced it has received positive assay results from the first nine diamond drill holes of its in-fill resource definition drill program at t…

Golden Minerals Reports Second Quarter 2020 Results

GOLDEN, Colo., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced financial results and a business summary for the quarter ending June 30, 2020.

Golden Minerals Increases Previously Announced Bought Deal of Common Stock to $7.5 Million

GOLDEN, Colo., July 21, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) announced today that, due to demand, the underwriter has agreed to increase the size of the previously announced offering and purchase on a firm com…
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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 $7.7 m.

  • What is Golden Minerals revenue per employee?

    Latest Golden Minerals revenue per employee is $45.5 k.

  • Who are Golden Minerals competitors?

    Competitors of Golden Minerals include Agnico Eagle, Ecr Minerals and Timberline Resources.

  • 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.