H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Golden Minerals Co (AUMN) today and set a price target of $0.60. The company’s shares closed yesterday at $0.24.
According to TipRanks.com, Ihle is a 5-star analyst with an average return of 7.1% and a 53.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Americas Silver Corporation, Golden Star Resources Ltd, and Northern Dynasty Minerals.
Golden Minerals Co has an analyst consensus of Moderate Buy, with a price target consensus of $0.70.
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Based on Golden Minerals Co’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $2.35 million. In comparison, last year the company had a GAAP net loss of $1.69 million.
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Golden Minerals Co. is an exploration company. The company is engaged in the acquisition, exploration, and development of mineral resource properties containing precious metals. The company was founded in March 2009 and is headquartered in Golden, CO.
