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Stock impact report

Golden Minerals Reports Third Quarter 2024 Financial Results [Yahoo! Finance]

Golden Minerals Company (AUMN) 
NASDAQ:AMEX Investor Relations: goldenminerals.com/ir.php
Company Research Source: Yahoo! Finance
today released financial results for the quarter ending September 30, 2024. (All figures are in approximate U.S. dollars.) Third Quarter Financial Summary The Company recorded no revenue related to gold and silver in doré, but recorded revenue of $0.1 million from the sale of metals at the Velardeña Properties during the third quarter 2024. This revenue relates to concentrate shipments that were completed earlier in 2024 but were finalized during the third quarter 2024. In the third quarter 2023, the Company recorded $2.5 million of revenue which was related to the sale of metals at its Rodeo mine. The Company recorded $1.6 million of net other operating income during the third quarter 2024 which was related primarily to the sale of Silex Argentina and Minera Labri. In the third quarter 2023, the Company recorded $0.1 million of net other operating income. Cash and cash equivalents balance was $1.8 million as of September 30, 2024, compared to $3.8 million as of December 31, 2 Show less Read more
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