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Golden Minerals Co ( (AUMN) ) just unveiled an announcement.
Golden Minerals Company has completed the sale of its Velardeña oxide processing plant and water wells in Durango, Mexico, to a private Mexican company for $3 million plus VAT. This divestment allows Golden Minerals to focus on its exploration portfolio, potentially enhancing its market positioning by reallocating resources towards exploration activities.
More about Golden Minerals Co
Golden Minerals Company operates in the mining industry, focusing on the exploration and development of precious metals, primarily silver and gold. The company is listed on OTCQB and TSX under the ticker AUMN and is known for its exploration portfolio in North America and South America.
For a thorough assessment of AUMN stock, go to TipRanks’ Stock Analysis page.