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Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: AUMN shorts slightly lower
1
Oct 26, 2011 01:08PM
2
Oct 26, 2011 01:13PM

A couple of observations about this table. The average daily volume has increased significantly since the merger with ECU. Without doing any research it would appear that the volume on the TSX is only about 10% of the total daily shares traded. A quick look at the TSX info reminds me that the 12 month high for the stock was around $29.50. The share price is now in the high $7 range despite the positive changes in most of the parameters that one would assume should have increased the company's value rather than reduced it by such a significant amount. No wonder we are frustrated.

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