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Golden Minerals Co (AUMN) Stock Fundamental Analysis & AI Rating 2026

AUMN OTC Gold and Silver Ores DE CIK: 0001011509
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-06-30
Combined AI Rating
STRONG SELL
92% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
92% Conf

📊 AUMN Key Takeaways

Revenue: $12.0M
Net Margin: -17.3%
Free Cash Flow: $-2.4M
Current Ratio: 0.64x
Debt/Equity: N/A
EPS: $-0.01
AI Rating: STRONG SELL with 92% confidence
Golden Minerals Co (AUMN) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $12.0M, net profit margin of -17.3%, Golden Minerals Co demonstrates mixed fundamentals in the Market sector. Below is our complete AUMN stock analysis for 2026.

Is Golden Minerals Co (AUMN) a Good Investment?

Claude

Golden Minerals is in severe financial distress with negative stockholders' equity of -$4.0M, indicating liabilities exceed assets and the company is technically insolvent. The company is unprofitable with -17.3% net margins, negative operating cash flow of -$2.4M, and deteriorating liquidity (0.64x current ratio), leaving minimal runway to fund operations or capital needs.

ChatGPT

Golden Minerals Co shows weak fundamentals, with flat revenue, negative operating and net margins, and persistent cash burn despite generating a modest gross profit. The balance sheet is severely stressed, with negative stockholders' equity, liabilities exceeding assets, and sub-1.0 liquidity ratios, which raises meaningful solvency and financing risk. Unless the company can materially improve operating profitability and stabilize cash flow, fundamental quality remains poor.

Why Buy Golden Minerals Co Stock? AUMN Key Strengths

Claude
  • + Positive gross margin of 27.5% indicates core mining operations have some inherent profitability before operating expenses
  • + Maintains $2.5M in cash equivalents providing short-term operational buffer
  • + Generating revenue of $12.0M demonstrates active business operations in sector
ChatGPT
  • + Positive gross profit and a 27.5% gross margin indicate the core operation still generates some contribution before overhead and other costs
  • + Cash balance of $2.50M provides limited near-term liquidity support
  • + Diluted EPS improved year over year, suggesting some reduction in per-share loss pressure

AUMN Stock Risks: Golden Minerals Co Investment Risks

Claude
  • ! Negative stockholders' equity of -$4.0M represents technical insolvency with liabilities ($7.7M) exceeding assets ($3.7M)
  • ! Negative operating cash flow of -$2.4M with only $2.5M cash on hand indicates company is burning cash and faces liquidity crisis within months
  • ! Persistent operating losses (-$1.8M) and net losses (-$2.1M) with negative -14.9% operating margin show inability to achieve profitability at core business level
  • ! Poor liquidity position (0.64x current ratio, 0.44x quick ratio) indicates inability to meet short-term obligations
ChatGPT
  • ! Negative stockholders equity and liabilities greater than assets indicate severe balance sheet weakness
  • ! Current ratio of 0.64x and quick ratio of 0.44x signal tight liquidity and elevated near-term funding risk
  • ! Negative operating cash flow and free cash flow show the business is not self-funding and may require external capital

Key Metrics to Watch

Claude
  • * Cash burn rate and remaining runway given -$2.4M operating cash flow
  • * Path to profitability and operating margin improvement
  • * Resolution of negative equity position and recapitalization efforts
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Working capital and stockholders' equity improvement

Golden Minerals Co (AUMN) Financial Metrics & Key Ratios

Revenue
$12.0M
Net Income
$-2.1M
EPS (Diluted)
$-0.01
Free Cash Flow
$-2.4M
Total Assets
$3.7M
Cash Position
$2.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

AUMN Profit Margin, ROE & Profitability Analysis

Gross Margin 27.5%
Operating Margin -14.9%
Net Margin -17.3%
ROE N/A
ROA -56.6%
FCF Margin -20.4%

AUMN vs Market Sector: How Golden Minerals Co Compares

How Golden Minerals Co compares to Market sector averages

Net Margin
AUMN -17.3%
vs
Sector Avg 12.0%
AUMN Sector
ROE
AUMN 0.0%
vs
Sector Avg 15.0%
AUMN Sector
Current Ratio
AUMN 0.6x
vs
Sector Avg 1.8x
AUMN Sector
Debt/Equity
AUMN 0.0x
vs
Sector Avg 0.7x
AUMN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Golden Minerals Co Stock Overvalued? AUMN Valuation Analysis 2026

Based on fundamental analysis, Golden Minerals Co has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-17.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Golden Minerals Co Balance Sheet: AUMN Debt, Cash & Liquidity

Current Ratio
0.64x
Quick Ratio
0.44x
Debt/Equity
N/A
Debt/Assets
209.2%
Interest Coverage
-3.48x
Long-term Debt
N/A

AUMN Revenue & Earnings Growth: 5-Year Financial Trend

AUMN 5-year financial data: Year 2021: Revenue $25.6M, Net Income -$9.1M, EPS $-0.07. Year 2022: Revenue $25.6M, Net Income -$2.1M, EPS N/A. Year 2023: Revenue $23.3M, Net Income -$9.9M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Golden Minerals Co's revenue has remained relatively flat over the 5-year period, with a 9% decline. The most recent EPS of $-0.07 indicates the company is currently unprofitable.

AUMN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-20.4%
Free cash flow / Revenue

AUMN Quarterly Earnings & Performance

Quarterly financial performance data for Golden Minerals Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2024 $2.5M $199.0K $0.01
Q2 2024 $5.0M -$1.5M $-0.19
Q1 2024 $4.2M -$3.3M $-0.32
Q3 2023 $2.5M -$316.0K $-0.38
Q2 2023 $5.0M -$316.0K $-0.21
Q1 2023 $4.2M -$316.0K $0.00
Q3 2022 $5.3M -$316.0K $0.00
Q2 2022 $5.9M -$316.0K $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Golden Minerals Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.4M
Cash generated from operations
Stock Buybacks
$19.0K
Shares repurchased (TTM)
Capital Expenditures
$27.0K
Investment in assets
Dividends
None
No dividend program

AUMN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Golden Minerals Co (CIK: 0001011509)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 8-K ea0284874-8k_golden.htm View →
Apr 1, 2026 10-K aumn-20251231.htm.htm View →
Mar 2, 2026 4 xslF345X05/primary_doc.xml View →
Jan 5, 2026 8-K ea0271671-8k_golden.htm View →
Nov 14, 2025 10-Q aumn-20250930.htm.htm View →

Frequently Asked Questions about AUMN

What is the AI rating for AUMN?

Golden Minerals Co (AUMN) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AUMN's key strengths?

Claude: Positive gross margin of 27.5% indicates core mining operations have some inherent profitability before operating expenses. Maintains $2.5M in cash equivalents providing short-term operational buffer. ChatGPT: Positive gross profit and a 27.5% gross margin indicate the core operation still generates some contribution before overhead and other costs. Cash balance of $2.50M provides limited near-term liquidity support.

What are the risks of investing in AUMN?

Claude: Negative stockholders' equity of -$4.0M represents technical insolvency with liabilities ($7.7M) exceeding assets ($3.7M). Negative operating cash flow of -$2.4M with only $2.5M cash on hand indicates company is burning cash and faces liquidity crisis within months. ChatGPT: Negative stockholders equity and liabilities greater than assets indicate severe balance sheet weakness. Current ratio of 0.64x and quick ratio of 0.44x signal tight liquidity and elevated near-term funding risk.

What is AUMN's revenue and growth?

Golden Minerals Co reported revenue of $12.0M.

Does AUMN pay dividends?

Golden Minerals Co does not currently pay dividends.

Where can I find AUMN SEC filings?

Official SEC filings for Golden Minerals Co (CIK: 0001011509) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AUMN's EPS?

Golden Minerals Co has a diluted EPS of $-0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AUMN a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Golden Minerals Co has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AUMN stock overvalued or undervalued?

Valuation metrics for AUMN: ROE of N/A (sector avg: 15%), net margin of -17.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy AUMN stock in 2026?

Our dual AI analysis gives Golden Minerals Co a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AUMN's free cash flow?

Golden Minerals Co's operating cash flow is $-2.4M, with capital expenditures of $27.0K. FCF margin is -20.4%.

How does AUMN compare to other Market stocks?

Vs Default sector averages: Net margin -17.3% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.64 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-06-30 | Powered by Claude AI