In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Golden Minerals Co (AUMN), with a price target of $1.00. The company’s shares closed last Wednesday at $0.63.
According to TipRanks.com, Ihle is a top 100 analyst with an average return of 37.8% and a 61.4% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Golden Star Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Golden Minerals Co with a $1.00 average price target.
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Golden Minerals Co’s market cap is currently $94.94M and has a P/E ratio of -16.60. The company has a Price to Book ratio of 8.75.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AUMN in relation to earlier this year.
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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.
