Golden Minerals (TSE:AUMN) Sets New 12-Month Low – Here’s Why

Golden Minerals (TSE:AUMN) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.25 and last traded at C$0.26, with a volume of 27353 shares changing hands. The stock had previously closed at C$0.31.

Golden Minerals Price Performance

The company has a debt-to-equity ratio of 38.97, a current ratio of 0.52 and a quick ratio of 1.67. The company’s 50 day moving average price is C$0.41 and its 200 day moving average price is C$0.48. The firm has a market capitalization of C$2.78 million, a P/E ratio of -0.18 and a beta of 0.28.

About Golden Minerals

Golden Minerals Company, a precious metals exploration company explores for mineral properties in Argentina, Nevada, and Mexico. It explores for gold, silver, copper, zinc, lead, and other minerals. The company was formerly known as Apex Silver Mines Limited and changed its name to Golden Minerals Company in March 2009.