Golden Minerals Co (AUMN) has released an update.
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Golden Minerals Company has completed the sale of its El Quevar Silver Project to Butte Energy Inc., increasing its cash reserves to approximately $3.6 million. The company is exploring various strategies to address its financial challenges, including asset sales and external financing, to stabilize its operations and maximize shareholder value.
For further insights into AUMN stock, check out TipRanks’ Stock Analysis page.