The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Golden Minerals Co shares valued at $61,922 were sold by Sentient Global Resources Fund on Sep 06 ’24. At $0.28 per share, Sentient Global Resources Fund sold 225,170 shares. The insider’s holdings dropped to 1,212,294 shares worth approximately $0.4 million following the completion of this transaction.
Also, Sentient Global Resources Fund sold 68,564 shares, netting a total of over 20,432 in proceeds. Following the sale of shares at $0.30 each, the insider now holds 1,437,464 shares.
As published in a research note from ROTH Capital on July 17, 2015, Golden Minerals Co [AUMN] has been rated down from a Buy to a Neutral and the price target has been revised to $0.40 from $0.90. Analysts at ROTH Capital upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early October. As of August 25, 2014, H.C. Wainwright has initiated its “Buy” rating for AUMN. Earlier on December 12, 2011, Rodman & Renshaw initiated its rating. Their recommendation was “a Mkt outperform” for AUMN stock.
Analyzing AUMN Stock Performance
During the last five days, there has been a surge of approximately 24.00%. Over the course of the year, Golden Minerals Co shares have dropped approximately -35.60%. Shares of the company reached a 52-week high of $0.7852 on 04/08/24 and a 52-week low of $0.2125 on 09/20/24. A 50-day SMA is recorded $0.2964, while a 200-day SMA reached $0.4224. Nevertheless, trading volume fell to 1.03 million shares from 72000.0 shares the previous day.
Support And Resistance Levels for Golden Minerals Co (AUMN)
According to the 24-hour chart, there is a support level at 0.2857, which, if violated, would cause prices to drop to 0.2365. In the upper region, resistance lies at 0.3687. The next price resistance is at 0.4025. RSI (Relative Strength Index) is 64.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0117, which suggests the price will decrease in the coming days. Percent R is at 17.99%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
