10:03 AM EST - Golden Minerals Company : Announced financial results and a business summary for the full year ending December 31, 2019. Revenue (all figures in approximate USD) was $7.7 million and operating margin of $5.3 million related to the lease of the Company’s oxide plant at the Velardeña Properties to Hecla Mining Company compared to $7.2 million and $4.9 million, respectively, in 2018. Cash and equivalents balance of $4.6 million as of December 31, 2019 compared to $3.3 million on December 31, 2018. Received $3.0 million related to the sale of two non-core exploration properties to a subsidiary of Industrias Peñoles. Loss from operations was $5.0 million in 2019 compared to $2.0 million in 2018. Net loss was $5.4 million or $0.05. Golden Minerals Company
shares T.AUMN are trading down $0.02 at $0.38.
