Golden Minerals (NYSE-A: AUMN) reported Q3 2024 financial results with minimal revenue of $0.1M from metal sales at Velardeña Properties, compared to $2.5M in Q3 2023. The company recorded a net gain of $0.2M ($0.01/share) versus a net loss of $3.2M in Q3 2023. Cash position decreased to $1.8M from $3.8M at year-end 2023. The company faces significant liquidity challenges, needing $1.5-3.5M in capital through September 2025. Golden Minerals must regain NYSE American compliance by December 6, 2024, or face potential delisting. The company is pursuing asset sales and financing options to address financial stability.
Golden Minerals (NYSE-A: AUMN) ha riportato i risultati finanziari del terzo trimestre 2024 con ricavi minimi di $0.1M dalle vendite di metallo presso le proprietà di Velardeña, rispetto ai $2.5M del terzo trimestre 2023. L’azienda ha registrato un…
