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MARKETS / BALCAO / AUMN
BALCAO · GOLD AND SILVER ORES · SMALL CAP

Golden Minerals Co. AUMN

15 fiscal years on record · USD · FY2024 reported · SEC filings only
$-7.6M
In brief

What this company does

We are an exploration company holding majority control in the Desierto and Sarita Este concessions, adjoining gold-silver-copper exploration projects located in northwest Salta Province Argentina (the “Sarita Este/Desierto project”); a 60% interest in Sand Canyon, an exploration stage, gold-silver project in northwestern Nevada; and other immaterial mineral exploration properties located primarily in or near historical precious metals producing regions in Argentina and Mexico. We are primarily focused on advancing exploration activities at the Sarita Este/Desierto project and the Sand Canyon project, as further described below under “Description of Properties — Sarita Este” and “—Desierto” We were incorporated in Delaware under the Delaware General Corporation Law in March 2009. As of March 31, 2026 we have three full-time employees in the United States.

Written from the business description in Golden Minerals Company's annual report to the U.S. Securities and Exchange Commission, filed 1 April 2026. Every sentence was checked against that document before publication.

Growth
Revenue, FY2024 · full 15-year series below
Revenue $M Net income $M
FY2023 · Revenue 12.0 · Net income -9.2
10M20M-10M-20M20102012201420162018202020222024
Compound annual growth
+28.6%
+10.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +10.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
Operating margin Net margin
FY2023 · Operating -51.6% · Net -76.9%
-5000%20102012201420162018202020222024
ROE
FY2024 · ROE -504.8%
-200%-400%20102012201420162018202020222024

Each USD of equity lost 505 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2022 · FCF -9.7
-40M20102012201420162018202020222024
Net buybacks $M Dividends $M
FY2011 · Dividends — · Net buybacks -28.8
-50M-100M20102011

Total assetsUSD 4.8M
EquityUSD -2.1M
CashUSD 3.2M
Current ratio1.06×

Equity funds -44% of total assets.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202420232022202120202019201820172016201520142013201220112010
Revenue $B·0.00.00.00.00.00.00.00.00.00.0····
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.3−0.1−0.1−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.3−0.1−0.1−0.0
Income tax $B·0.00.00.00.00.00.00.0···−0.0−0.0−0.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.2−0.1−0.1−0.0
Free cash flow $B··−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.1−0.0
EPS, diluted $···−0.01−0.07·····−0.41−5.61−2.45−2.94−3.72
Dividend / sh $···············
Payout %···············
ROE %−504.8−159.2−96.3−16.1−103.4−82.3−25.0−47.3−132.1−125.3−47.5−144.9−29.5−26.7−25.2
Shares out B0.020.010.010.160.160.110.100.090.090.050.050.040.040.040.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 61 reconciliationsAUDITED

Reconciled in 14 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 29 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityGold and Silver Ores
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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