How to Buy Golden Minerals Co Stock
Golden Minerals Co
Golden Minerals Company, a precious metals exploration and development company, mines, constructs, and explores for mineral properties containing precious metals. It explores for gold, silver, zinc, lead, and other minerals.
Golden Minerals Co stock last closed at $0.56, down 1.57% from the previous day, and has decreased 89.65% in one year. It has underperformed other stocks in the Other Precious Metals & Mining industry by 0.85 percentage points. Golden Minerals Co stock is currently +116.92% from its 52-week low of $0.26, and -90.6% from its 52-week high of $6.00.
At the moment, there are 14.57M shares of AUMN outstanding. The market cap of AUMN is $8.22M. In the last 24 hours, 100,318 AUMN shares were traded.
How to Buy Golden Minerals Co Stock
Wondering how to invest in Golden Minerals Co stock? Here's how.
- Choose where to buy Golden Minerals Co stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Golden Minerals Co stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- Analyze Golden Minerals Co stock: The Golden Minerals Co ticker symbol is AUMN. Is Golden Minerals Co stock a good investment? Should you buy shares of AUMN? How do AUMN's underlying business fundamentals look? Do top analysts think Golden Minerals Co is a good buy? Why has AUMN's stock price moved recently? (Hint: Our stock research website can help you decide if AUMN is a good stock to buy).
- Place your AUMN purchase: Decide if you will purchase AUMN shares at the current market price or use a limit order to purchase AUMN stock at a particular price.
- Get the latest news on your investment in AUMN: Create a watchlist to monitor your investment in Golden Minerals Co shares.
Step 1: Choose where to buy Golden Minerals Co stock
You will need a brokerage account to access the NYSEMKT market and buy AUMN stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you are able to invest in AUMN today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on the best stock buying app, you need to deposit funds:
Watch the video below if you need help transferring money into your investment account.
Step 4: Analyze Golden Minerals Co stock
Once you have selected the best place to buy Golden Minerals Co stock, it's absolutely critical to evaluate their stock before you invest, so you truly comprehend the risk and opportunity.
Overview of key AUMN info
AUMN Overview
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on AUMN's stock page.
How is AUMN stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge AUMN's intrinsic value.
Using relative valuations metrics:
- AUMN could be undervalued based on its P/B ratio of 1.61x, relative to Other Precious Metals & Mining industry P/B ratio of 1.68x
You can do additional valuation analysis on AUMN's stock here.
Is AUMN a healthy company?
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the AUMN balance sheet.
- AUMN has $3.78M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.67M.
- There are more short-term assets than short-term liabilities on the AUMN balance sheet.
Negative Health Checks:
- AUMN has a relatively high debt to equity ratio of 1.92.
- Total AUMN debt is higher than 5 years ago, relative to shareholder equity.
- AUMN profit margin has gone down from -42.5% to -76.9% in the past year.
- AUMN has cash burn of 7666000. It does not have enough cash and short-term investments to cover this.
Do analysts think it's a good time to buy AUMN stock
Out of 1 sell side analysts who monitor AUMN, the consensus analyst rating on AUMN is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Golden Minerals Co stock forecast page.
AUMN Momentum
Is AUMN Growing Revenue?
Last year, AUMN revenue was $12.00M. Over the past 5 year, AUMN's revenue has increased by 10.71% per year. This was slower than the Other Precious Metals & Mining industry average of 62.5%.
Dive into AUMN's earnings and revenue performance here.
Are AUMN executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at AUMN have not bought or sold any shares.
Get more info about who owns AUMN stock here.
Does AUMN stock generate passive income?
No, Golden Minerals Co doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your AUMN purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and your broker will place your order.
If you need additional help with investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in AUMN
Now that you own some shares in AUMN, you'll want to stay up-to-date on your investment.
Start a watchlist to track your AUMN stock.
AUMN Feed
How to Buy Stock in Golden Minerals Co
To reiterate, here are the 6 steps you need to take to buy Golden Minerals Co stock right now:
- Choose where to buy Golden Minerals Co stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Golden Minerals Co stock
- Place your AUMN purchase
- Get the latest news on your investment in AUMN
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Golden Minerals Co, click the button below.
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