Denver Gold Group > Member Company Profile > Golden Minerals Company
Address
350 Indiana Street, Suite 800
Golden, CO 80401
United States
Value Drivers
- El Quevar -high grade silver project with district potential
- Extensive precious metals exploration portfolio
- Highly leveraged to silver
- Cash
Management
| Chairman: | Jeffrey G. Clevenger |
| CEO/President/MD: | Jeffrey G. Clevenger |
| CFO: | Robert P. Vogels |
| Other Key Staff: | Jerry W. Danni, Executive Vice President Robert B. Blakestad, Senior Vice President, Exploration and Chief Geologist Deborah J. Friedman, Senior Vice President, General Counsel and Corporate Secretary |
IR Contact
Jerry W. Danni, Executive Vice President
(303) 839-5060
investor.relations@goldenminerals.com
www.goldenminerals.com
Cautionary Information
© Copyright 2012, Denver Gold Group & Golden Minerals Company.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Golden Minerals Company
American Stock Exchange : AUMN
Last Updated: September 8, 2011
| Status: | Explorer |
| Primary Mineral: | Silver |
| Primary Country of Operation: | Argentina |
| Other Countries of Operation: | Chile, Mexico, Peru |
Golden Minerals is a Delaware corporation based in Golden, Colorado, primarily engaged in the advancement of its pipeline of exploration projects in Mexico and South America. The Company has a portfolio of more than 45 exploration projects, including the El Quevar project in the Salta Province of northwestern Argentina and the advanced exploration stage Zacatecas project in Zacatecas, Mexico. The Company's experienced management team has proven in-house ability to explore, develop and operate mining projects.
On June 24, 2011, Golden Minerals and ECU Silver Mining Inc. (TSX: ECU) announced plans to combine the two companies in a "merger of equals". The merger will create a new leading junior silver mining company with a diversified portfolio of growth projects primarily in Mexico and Argentina. The combined company will retain the Golden Minerals name and remain headquartered in Golden, Colorado. The transaction is expected to close in September, 2011.
Other Markets Traded On
AUM:CN
Top Shareholders
- Gilder Gagnon Howe & Co LLC
- The Sentient Group
- RBC Global Asset Management
Capital Structure
| Common Shares Outstanding: | 15,302,675 |
| Float (%): | 98 |
| Restricted Stock Units: | 46,555 |
| Options Outstanding: | 136,810 |
| Fully Diluted Shares: | 15,486,040 |
Stock as of April 24, 2012
| Local: USD | USD | |
|---|---|---|
| Stock Price: | 6.19 | 6.19 |
| 52-Week Range: | 5.2500 - 23.1500 | 5.2500 - 23.1500 |
| Market Cap: | 95 MM | 95 MM |
| Fully Diluted Market Cap: | 96 MM | 96 MM |
| 1-Year Return: | -72.88% |