The biggest gainers of the session on the Wall Street include Golden Minerals Company (NYSE:AUMN), which rose 0.01 points or 4.13% to trade at $0.23 as last check. The stock closed last session at $0.22 and sets an active trading volume day with a reported 73633 contracts so far this session. AUMN shares had a relatively better volume day versus average trading capacity of 192.78 thousand shares, but with a 63.09 million float and a -0.23% run over a week, it’s definitely worth keeping an eye on. AUMN share price has been trading recently between $0.22 and $0.23.
During the recent trading session for Golden Minerals Company (NYSE:AUMN), the company witnessed their stock drop by $-0.01 over a week and surge $unch from the price 20 days ago. When compared to their established 52-week high of $0.38, the high they recorded in their recent session happens to be lower. Their established 52-week high was attained by the company on 08/02/19. The recent low of $0.2 stood for a -39.26% since 02/28/19, a data which is good for most investors who are looking to take advantage of the stock’s recent rise. A beta of 0.8 is also allocated to the stock. Since the beta is less than one, it implies that the stock is less volatile than the market, a data that traders are keeping close attention to.
Looking at the current readings for Golden Minerals Company, the two-week RSI stands at 49.62. This figure suggests that AUMN stock, for now, is neutral, meaning that the shares are stable in terms of price movement. The stochastic readings, on the other hand, based on the current AUMN readings is similarly very revealing as it has a stochastic reading of 38.18% at this stage. This figure means that AUMN share price today is being neutral.
Technical chart claims that Golden Minerals Company (AUMN) would settle between $0.23/share to $0.24/share level. However, if the stock price goes below the $0.22 mark, then the market for Golden Minerals Company becomes much weaker. If that happens, the stock price might even plunge as low as $0.21 for its downside target.
Analysts at ROTH Capital lowered their recommendation on shares of AUMN from Buy to Neutral in their opinion released on July 17. ROTH Capital analysts bumped their rating on Golden Minerals Company (NYSE:AUMN) stock from Neutral to Buy in a separate flash note issued to investors on October 09. Analysts at H.C. Wainwright, made their first call for the equity with a Buy recommendation, according to a research note that dated back to August 25.
AUMN equity has an average rating of 2.43, with the figure leaning towards a bullish end. 1 analysts who tracked the company were contacted by Reuters. Amongst them, 0 rated the stock as a hold while the remaining 1 were split even though not equally. Some analysts rate the stock as a buy or a strong buy while no rated it as a sell. 1 analysts rated Golden Minerals Company (NYSE:AUMN) as a buy or a strong buy while not a single analyst advised that investors should desist from purchasing the stock or sell them if they already own the company’s stock.