H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Golden Minerals Co (AUMN – Research Report) today and set a price target of $0.60. The company’s shares closed yesterday at $0.25.
According to TipRanks, Ihle is an analyst with an average return of -17.8% and a 29.18% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Uranium Energy, Avino Silver & Gold, and Gold Resource.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Golden Minerals Co with a $0.70 average price target.
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AUMN market cap is currently $42.29M and has a P/E ratio of -33.60.
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Golden Minerals Co. engages in the acquisition, exploration, and development of mineral resource properties containing precious metals. Its projects include El Quevar, Velardeña, Santa Maria, Rodeo, and Yoquivo. The company was founded in March 2009 and is headquartered in Golden, CO.
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