Golden Minerals Co (AUMN)

Golden Minerals Co (AUMN) dropped by 9.23% from $0.4950 to $0.4493 in the trading on Wednesday November 08, 2023. The reason why AUMN stock down today is due to the closing of public offering. Golden Minerals announced the successful closing of its public offering, raising approximately $4.2 million. This offering consisted of 6 million common shares (or equivalents), Series A warrants, and Series B warrants, all priced at $0.70 each. H.C. Wainwright & Co. acted as the exclusive placement agent for this capital raise. Golden Minerals intends to utilize the net proceeds from this offering for working capital and other general corporate purposes.

Golden Minerals Co (AUMN) dropped by 40.13% from $0.8979 to $0.5376 in the trading on Monday November 06, 2023. The reason why AUMN stock down today is due to the announcement of public offering. Golden Minerals announced the pricing of its $4.2 million public offering, consisting of 6 million common shares or equivalents, Series A warrants with a 5-year expiration, and Series B warrants expiring in 18 months. All shares and warrants are priced at $0.70 each. H.C. Wainwright & Co. served as the exclusive placement agent for this offering, which is expected to close on or about November 8th.