Short Interest in Golden Minerals Co (NYSEAMERICAN:AUMN) Declines By 10.0%

Golden Minerals Co (NYSEAMERICAN:AUMN) (TSE:AUM) was the target of a large drop in short interest in March. As of March 29th, there was short interest totalling 2,039,020 shares, a drop of 10.0% from the March 15th total of 2,265,523 shares. Currently, 3.8% of the company’s stock are short sold. Based on an average daily volume of 119,414 shares, the days-to-cover ratio is presently 17.1 days.

NYSEAMERICAN:AUMN remained flat at $$0.26 on Friday. 72,893 shares of the company’s stock were exchanged, compared to its average volume of 181,899. Golden Minerals has a 1-year low of $0.19 and a 1-year high of $0.44.

Golden Minerals (NYSEAMERICAN:AUMN) (TSE:AUM) last released its quarterly earnings data on Thursday, May 2nd. The basic materials company reported ($0.02) earnings per share for the quarter. The business had revenue of $1.93 million for the quarter.

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About Golden Minerals

Golden Minerals Company, an exploration stage company, engages in mining, construction, and exploration of mineral properties. It explores for gold, silver, zinc, lead, and other minerals. The company owns 100% interest in the Velardeña and Chicago precious metals mining properties in the State of Durango, Mexico; and the El Quevar advanced silver exploration property in the province of Salta, Argentina.

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