| AUMN Stock | | | CAD 0.14 0.01 6.67% |
CFO
Joe Dwyer is CFO Controller of Golden Minerals
| Address | 350 Indiana Street, Golden, CO, United States, 80401 |
| Phone | 303-839-5060 |
| Web | https://www.goldenminerals.com |
Golden Minerals Management Efficiency
The company has return on total asset
(ROA) of
(0.4417) % which means that it has lost $0.4417 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(4.9548) %, meaning that it generated substantial loss on money invested by shareholders. Golden Minerals' management efficiency ratios could be used to measure how well Golden Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of December 2024,
Return On Tangible Assets is likely to drop to -0.65. In addition to that,
Return On Capital Employed is likely to drop to -1.04. At this time, Golden Minerals'
Fixed Asset Turnover is very stable compared to the past year. As of the 22nd of December 2024,
Asset Turnover is likely to grow to 1.58, while
Total Assets are likely to drop about 14.2
M.
Golden Minerals has accumulated 133
K in total debt with debt to equity ratio
(D/E) of 0.7, which is about average as compared to similar companies. Golden Minerals has a current ratio of 1.07, suggesting that it
is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Golden Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Golden Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Golden Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Golden to invest in growth at high rates of return. When we think about Golden Minerals' use of debt, we should always consider it together with cash and equity.
Similar Executives
Golden Minerals Company, a precious metals exploration and development company, mines, constructs, and explores for mineral properties containing precious metals. Golden Minerals Company was founded in 1996 and is headquartered in Golden, Colorado. GOLDEN MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 178 people. Golden Minerals (AUMN) is traded on Toronto Exchange in Canada and employs 194 people. Golden Minerals is listed under Diversified Metals & Mining category by Fama And French industry classification.
Management Performance
Golden Minerals Leadership Team
Elected by the shareholders, the Golden Minerals' board of directors comprises two types of representatives: Golden Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Minerals' management team and ensure that shareholders' interests are well served. Golden Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Golden Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Golden Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Golden Minerals a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Pair Trading with Golden Minerals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Minerals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Golden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Minerals to buy it.
The correlation of Golden Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Golden Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals'
financial statements, including income statements, balance sheets, and cash flow statements, to assess its
financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Minerals Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock: Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
To learn how to invest in Golden Stock, please use our
How to Invest in Golden Minerals guide.
You can also try the
Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Please note, there is a significant difference between Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.