Golden Minerals Company is a Colorado-based precious metals exploration and development company, focused primarily on projects in Argentina, Nevada (USA) and Mexico, that offers investors leverage to silver and gold prices. We are revenue-generating through the lease of one of our mills to Hecla Mining Company.

Why Invest in Golden Minerals Company?


  • ~$4.5M annual net operating margin from plant lease in Mexico 
  • $0.05 per share per year


  • M&I resources:  78M oz AgEq1  
  • Inferred resources:  39M oz AgEq
  • Total resource:  1.2 AgEq oz in the ground per share of AUMN


  • El Quevar PEA $45M NPV (2018)2 
  • Santa Maria PEA  $10.6M NPV (2018)3
  • Velardeña mine & 300 tpd sulfide plant on stand-by


$1.8M (as of 06/30/2019) + $2M raised in July 2019




Argentina:  El Quevar
Mexico:  Santa Maria, Yoquivo, Mogotes, Flechas, Rodeo
USA:  Sand Canyon (Nevada)


Experienced management and directors; strong technical staff

1   Silver equivalents calculated using Ag:Au ratios of 74:1 (Santa Maria), 70:1 (Velardeña) and 72:1 (Rodeo)

 Amec Foster Wheeler E&C Services Inc., 9/4/2018. NPV calculated using 5% discount rate. Resources per 2/26/18 NI 43-101 Report.

Tetra Tech, 9/14/2018. NPV calculated using 5% discount rate.


Capital Structure

Capital Structure as of September 10, 2019

Shares Issued & Outstanding  106.7M
    Warrant Shares  14.7
    Stock Options and Restricted Stock Units  2.3
    KELTIP Units 1 2.3
Fully Diluted Shares  126.0
Cash and Short-Term Investments 2  $1.8M
Debt $0.0

1 Key Employee Long Term Incentive Plan
2 As of June 30, 2019

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