Golden Minerals Company

AUMN Basic Materials Other Precious Metals & Mining

Golden Minerals Company’s revenue for fiscal 2022 (year ended December 2022) was $23.3 million.

EPS
+166.7%
Free cash flow
+81.2%

Quarter to June 2026, against a year earlier

0.19 0.00 0.00%
Market cap
$2.2M
P/E
0.6×
Fwd P/E
−1.1×
Dividend yield
—
F-score
2/9
Altman Z
−47.56
Beneish M
−1.79
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 17.50%

Capital & Financial Ratios $m

Size
Market Cap 2.23
Revenue ttm 12.00
Net income ttm 4.81
Free cash flow ttm (2.69)
Net debt Q (2.45)
Valuation
P/E 0.61
Forward P/E (1.09) (negative: loss-making)
Price / sales 0.27
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.69
Financial health
Current ratio Q 2.56 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 11.13
Growth
Revenue growth Q −93.46% (below 0%: shrinking)
Operating income growth Q +52.41% (above 0%: growing)
EPS, this year +36.11% (at or above 15%: strong)
EPS, next year A +34.78% (at or above 15%: strong)
Revenue, next year A −30.26% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 9.35%
10-year low 10-year high
P/B against its own 10 years 7.40%
10-year low 10-year high
EV/Sales against its own 10 years 4.55%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 4 3 2 2
Receivables 3 0 — —
Inventory — — — —
Other 1 — — —
9 4 2 3
2023 2024 2025 Q'26
Payables 5 2 1 1
ST’ Debt — — — —
Other 1 2 — —
6 4 1 1

Compound Annual Growth %

10y 5y 3y
Sales 1.17% 10.71% 28.65%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (19.72%) (40.89%) (48.91%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.04) 0.04 — — —
’25 (0.08) (0.06) (0.06) 0.36 0.16
’24 (0.32) (0.19) 0.01 (0.02) (0.52)
’23 (0.50) (0.21) (0.38) (0.11) (1.08)
’22 (0.05) (0.50) (0.50) (0.50) (1.50)
’21 (0.50) (0.12) 0.06 0.25 (0.32)
’20 (0.75) (0.50) (0.25) (0.25) (1.75)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 4 5 3 — —
’22 8 6 5 5 23
’21 2 6 8 9 26
’20 1 1 2 1 6
’19 2 2 2 2 8
’18 2 — 2 4 7
’17 2 2 2 2 7
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (1) — — —
’25 0 (3) (1) 0 (4)
’24 (1) (3) (1) (2) (8)
’23 (3) (2) (2) (3) (10)
’22 0 (3) (3) (3) (10)
’21 (4) 0 2 4 1
’20 (4) (2) (2) (2) (9)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (1) — — —
’25 0 (3) (1) 0 (4)
’24 (1) (3) (1) (2) (8)
’23 (3) (2) (2) (1) (8)
’22 0 (3) (3) (3) (10)
’21 (4) (1) 3 2 0
’20 (4) (2) (2) (1) (9)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 6 7 7 8 6 26 23 — — — 12 +24.0% 55 — — —
Gross margin, % 68.03 67.28 68.28 69.25 64.73 48.00 24.68 (2.97) — — (2.97) (71.0) pt
EBT (11) (4) (2) (5) (9) (2) (10) (6) (5) (3) (3) (11.7%)
EBT margin, % (166.55) (57.97) (26.77) (69.22) (160.33) (6.38) (42.16) 0.00 0.00 0.00 0.00 +166.6 pt
Net income (11) (4) (2) (5) (9) (2) (10) (9) (8) 3 5 n/m
Per share, $
Per share, $ Revenue 1.96 1.85 1.92 1.91 1.07 3.95 3.50 0.00 0.00 0.00 0.00 n/m
Earnings (3.25) (1.00) (0.50) (1.25) (1.75) (0.32) (1.50) (1.08) (0.52) 0.18 0.31 n/m
Cash flow (1.90) (0.45) (1.52) (1.09) (1.80) 0.22 (1.45) (1.16) (0.53) (0.24) (0.16) (20.4%)
Capex 0.34 0.19 1.32 0.77 0.01 (0.25) 0.01 0.26 0.00 0.00 0.00 n/m
Free cash flow (1.56) (0.26) (0.20) (0.32) (1.79) (0.03) (1.44) (0.90) (0.53) (0.24) (0.16) (18.6%)
Book value 2.56 2.23 1.96 1.39 2.27 2.18 0.97 0.60 (0.14) 0.06 0.11 (34.4%)
Shares, m 3 4 4 4 5 6 7 9 15 15 15 +18.5%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — — 0.61 0.0
P/S 7.77 6.00 2.34 4.05 17.77 2.21 2.07 0.38 — — 0.27 5.3
P/B 5.95 4.97 2.79 5.59 8.37 4.01 7.44 0.89 — — 1.69 5.0
EV/Sales 7.32 5.48 1.93 3.47 16.21 1.77 1.94 0.07 — — 0.15 4.8
EV/FCF (9.20) (38.65) (22.12) (20.83) (9.69) (239.57) (4.72) (0.11) — — (4.97) (43.1)
Cash, $m
Cash, $m Operating cash flow (6) (2) (6) (4) (9) 1 (10) (10) (8) (4) (3) (5.6%)
Capex 1 1 5 3 0 (2) 0 2 — — 2 +10.5%
Free cash flow (5) (1) (1) (1) (9) 0 (10) (8) (8) (4) (3) (3.5%)
Balance, $m
Balance, $m Working capital 4 3 3 2 9 11 4 3 0 1 2 (18.2%)
Net debt (3) (3) (4) (5) (10) (12) (4) (4) (3) (2) (2) (5.0%)
Shareholders’ equity 8 8 7 6 12 14 6 5 (2) 1 2 (22.3%)
Returns, %
Returns, % ROA (68.75) (28.74) (15.12) (41.43) (57.39) (9.97) (51.25) (61.82) (77.06) 75.33 146.06 +144.1 pt
ROIC (72.62) (52.57) (32.69) (313.00) (251.26) (51.02) (254.87) (289.58) 0.00 0.00 0.00 +72.6 pt
ROE (132.14) (47.34) (25.18) (83.05) (103.41) (16.08) (96.31) (159.20) (504.82) (428.59) (454.82) (296.4) pt
People
People Employees 160 160 178 170 192 248 238 194 4 3 — (35.7%)
Revenue/emp, $m 0.04 0.04 0.04 0.05 0.03 0.10 0.10 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2022 · latest quarter Sep 2023 · fundamentals updated 26 Oct 2026

Golden Minerals Company vs peers in Other Precious Metals & Mining (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ASM Avino Silver $777.9M 16.5× 13.1× +22.85% (above 0%: growing) +200.00% (above 0%: growing) +106.43% (above 0%: growing) 48.42% 34.22% Compare
MTA Metalla Royalty & Streaming Ltd. $722.8M — (loss-making) 103× +93.84% (above 0%: growing) n/m +75.32% (above 0%: growing) 91.00% 44.37% Compare
ITRG Integra Resources Corp. $434.1M 53.5× — +15.92% (above 0%: growing) 0.00% +154.33% (above 0%: growing) 33.01% 20.06% Compare
VOXR Vox Royalty Corp. $340.5M 7.0× 7.5× +122.56% (above 0%: growing) n/m +146.39% (above 0%: growing) 66.34% 123.61% Compare
GMTL Guardian Metal Resources PLC - Sponsored ADR $168.9M — — — — — — — Compare
LODE Comstock Inc. $130.7M — (loss-making) — (loss-making) +578.84% (above 0%: growing) n/m −22.42% (below 0%: shrinking) 0.00% 588.94% Compare
GRML Greenland Mines Ltd $48.9M — (loss-making) — — n/m −253.75% (below 0%: shrinking) — 0.00% Compare
ATCX Atlas Critical Minerals Corporation $10.4M — — — — — — — Compare
AUMN Golden Minerals Company $2.2M 0.6× — (loss-making) −93.46% (below 0%: shrinking) n/m +81.16% (above 0%: growing) (277.67%) 0.00%
Median of peers $254.7M 16.5× 13.1× +93.84% — +90.88% 48.42% 39.30%

All 18 Other Precious Metals & Mining stocks →

Pay and ownership Proxy statement filed 30 April 2026

Ownership

Directors and executive officers, together 4.80%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Golden Minerals Company (AUMN) Latest News

26 Oct

Impact 4 · · ACCESS Newswire

6 Oct

1 Apr

Impact 4 · · ACCESS Newswire

2 Jan

14 Nov

Impact 3 · · ACCESS Newswire
Impact 3 · · Associated Press Finance

13 Oct

14 Aug

Impact 3 · · ACCESS Newswire

13 Aug

28 May

20 May

15 Apr

Impact 4 · · Business Wire

25 Nov

Impact 3 · · mining-technology.com

19 Nov

28 Oct

stockrow.com/AUMN · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com