Home / Going-concern warnings / Golden Minerals Co

5/5Golden Minerals Co (AUMN): Going-concern doubt

Filed 2025-04-15 路 Form 10-K 路 Accession 0001558370-25-004847 nano

Market data

Price before filing: $0.17 (2025-04-14 close, split/dividend-adjusted)
Market cap at flag: $2.6M (2025-04-15) 路 Latest: $3.6M (2026-10-16)

What happened next

WindowAUMNSPYvs SPY
30 days-11.8%+9.5%-21.3%2025-05-15
90 days+41.2%+16.2%+24.9%2025-07-14
180 days+208.8%+23.7%+185.1%2025-10-13

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As discussed in Note 2 to the financial statements, the Company has suffered recurring losses from operations and has incurred negative cash flows from operating activities, which raise substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Going-concern opinion issued by: Haynie & Company
Source: independent auditor report in Form 10-K (period 2024-12-31)

Why this score: in auditor's report; also within 90 days: Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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