Golden Minerals Company
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $3.4M
- Price
- $0.2266
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.32%
- Volume
- 10.4K
About
Golden Minerals Company is an enterprise dedicated to precious metals, engaging in the exploration, development, and operation of mineral properties rich in these valuable materials. The firm's prospecting activities primarily focus on gold, silver, zinc, lead, and various other minerals. In Mexico, the company holds complete ownership of several key assets: the Rodeo gold mine, situated in Durango State, and the Velardeña and Chicago gold-silver mining complexes, also located in Durango, which include both oxide and sulfide processing facilities. Furthermore, Golden Minerals maintains a 100% interest in the El Quevar advanced exploration silver project in Salta Province, Argentina. Its diverse portfolio also features a range of other precious metals and mineral exploration properties across Argentina, Nevada, and Mexico. Founded in 1996 and headquartered in Golden, Colorado, the company was previously known as Apex Silver Mines Limited until its name change to Golden Minerals Company in March 2009.
Quick stats
Shares outstanding15.1M
Computed float13.3M
Float / shares88.3%
Key info
SectorBasic Materials
IndustryOther Precious Metals
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001011509
AI Summary
AI-generated1/11
minorbullishoperations update
Golden Minerals Commences Drilling at its Desierto Property, Argentina
Golden Minerals has commenced a 1,250-meter, six-hole drill program on its Desierto property in Salta Province, Argentina, with an estimated budget of $1.088 million.
The four- to six-week program tests three targets — Sico, Cobre, and Iceberg — with completion expected in Q4 2026 and results in Q1 2027. The Cobre vein has never been drill-tested and grabbed samples up to 45.8 g/t gold, while Iceberg targets alteration contiguous with First Quantum's neighboring Taca Taca deposit.
The JV partner's interest is being sold to a First Quantum affiliate, which could matter for the company's option agreement on half its Desierto interest.
Red flags
- exploration results not expected until Q1 2027
- half of Golden's Desierto interest subject to completing an option to purchase agreement
- sale of JV partner Cascadero's interests may not proceed as expected