Welcome to our dedicated page for Golden Minerals SEC filings (Ticker: AUMN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Golden Minerals Company's SEC filings provide detailed disclosure of its precious metals mining operations, financial performance, and material developments affecting its Mexico-based assets and exploration portfolio. For a mining company, quarterly 10-Q reports reveal production statistics, operating costs per ounce, exploration expenditures, and cash flow from mining operations—metrics essential for evaluating operational efficiency and financial sustainability.
The company's annual 10-K filing breaks down revenue by metal type (silver, gold, byproduct base metals), details mineral resource and reserve estimates under SEC Industry Guide 7 or SK-1300 standards, and discloses technical information about mining methods, processing facilities, and exploration properties. These filings explain the geological basis for resource estimates, metallurgical recovery assumptions, and the economic parameters that determine whether mineralization qualifies as economically extractable reserves.
Form 8-K filings for mining companies often disclose material events including exploration results that materially change resource estimates, acquisitions or dispositions of mineral properties, changes to mining operations or production guidance, and financing transactions such as equity raises or streaming agreements. For Golden Minerals, 8-K filings may also cover operational developments at Mexican mining properties, permitting outcomes, or strategic partnerships affecting project development timelines.
Form 4 insider transaction reports show when executives and directors buy or sell AUMN shares, potentially signaling management's confidence in operations or commodity price outlook. Proxy statements (DEF 14A) disclose executive compensation structures, which in mining companies often include performance metrics tied to production targets, cost management, or exploration success. Our AI-powered summaries extract key mining metrics from complex technical disclosures, highlight changes in resource estimates, and track insider trading patterns—saving hours of manual analysis through 100+ page annual reports typical of mining companies.
Golden Minerals Company reported that on December 30, 2025 it completed the sale of its wholly owned Mexican subsidiaries, Servicios Velardeña S.A. de C.V. and GMC Equipos S.A. de C.V., to a privately held Mexican group. In connection with this transaction, the company received $65,000 in cash, providing a modest cash inflow from the disposition of these assets.
The company subsequently issued a press release on January 2, 2026 to announce the completion of the sale, which is included as an exhibit to this report.
Golden Minerals Company reported a Q3 2025 net loss of $877,000 versus net income of $199,000 a year ago, driven by the absence of prior-year gains from divestitures and a small loss from discontinued operations. For the first nine months, net loss narrowed to $2.96 million from $7.11 million, reflecting cost reductions.
Liquidity remains tight. Cash and cash equivalents were $1.745 million, current assets $2.013 million, and current liabilities $4.315 million, including $2.972 million of deferred revenue tied to the Velardeña oxide plant sale. Shareholders’ equity stood at a deficit of $4.815 million. Management states that substantial doubt exists about the company’s ability to continue as a going concern absent asset sales or external financing, with cash projected to be exhausted in the second quarter of 2026.
The company completed the Velardeña divestiture on October 10, 2025, receiving the final $28,000 plus VAT; the related gain will be recognized in the 2025 10-K. The portfolio now centers on exploration, notably the Sarita Este/Desierto project in Argentina and a 60% interest in Nevada’s Sand Canyon. 15,053,048 common shares were outstanding as of November 13, 2025.
Director David Watkins of Golden Minerals Co (AUMN) received a significant equity grant on June 24, 2025. The transaction involved the acquisition of 175,000 restricted stock units (RSUs) under the company's Amended and Restated 2023 Equity Incentive Plan at $0 cost.
Following this transaction, Watkins' total beneficial ownership consists of:
- 175,000 newly awarded RSUs
- 129,493 previously granted RSUs
- 400 shares of common stock
Total beneficial ownership after the transaction stands at 304,893 units, held in direct ownership. This grant represents a significant increase in Watkins' equity stake in the company, aligning his interests with shareholders through long-term equity compensation.
Golden Minerals Co. (AUMN) – Form 4 insider filing
Director Kevin R. Morano reported the grant of 175,000 restricted stock units (RSUs) on 24 June 2025 under the company’s Amended and Restated 2023 Equity Incentive Plan. The RSUs were issued at a stated price of $0 and are classified as an acquisition (transaction code “A”).
After the award, Morano’s total beneficial ownership rose to 304,773 shares/units, comprised of the newly granted 175,000 RSUs, 129,493 previously reported RSUs, and 280 shares of common stock held directly.
No open-market purchases, sales, or derivative exercises were disclosed, and the filing does not reference any 10b5-1 trading plan. As this is a routine compensation grant rather than a cash-funded purchase, the signalling value for outside investors is limited. Nevertheless, the additional equity modestly increases management–shareholder alignment without causing dilution beyond what was already authorized in the equity plan.
Golden Minerals Director Deborah J. Friedman received a significant equity grant on June 24, 2025, consisting of 175,000 restricted stock units (RSUs) under the company's Amended and Restated 2023 Equity Incentive Plan. The RSUs were granted at $0 exercise price.
Following this transaction, Friedman's total beneficial ownership increased to 283,000 units, which includes:
- 175,000 newly awarded RSUs
- 108,000 previously granted RSUs
This Form 4 filing, submitted on June 26, 2025, reflects direct ownership of the securities. The grant suggests continued alignment of director interests with shareholders and represents a significant component of director compensation.
Jeffrey G. Clevenger, Director of Golden Minerals (AUMN), received a significant equity grant on June 24, 2025. The transaction involved 175,000 restricted stock units (RSUs) awarded under the company's Amended and Restated 2023 Equity Incentive Plan at $0 cost.
Following this transaction, Clevenger's total beneficial ownership consists of:
- 175,000 newly awarded RSUs
- 133,600 previously granted RSUs
- 22,508 shares of common stock
The total beneficial ownership following the transaction amounts to 331,108 units, all held directly. This grant represents a significant increase in Clevenger's equity stake in the company and aligns with typical director compensation practices through equity-based incentives.
Golden Minerals President and CEO Pablo Castanos received a significant equity grant on June 24, 2025, according to a Form 4 filing. The executive was awarded 750,000 restricted stock units (RSUs) under the company's Amended and Restated 2023 Equity Incentive Plan.
Following this transaction, Castanos's total beneficial ownership includes 1,190,000 RSUs, comprising the new grant and 440,000 previously awarded units. The RSUs were granted at $0 exercise price and represent a direct ownership form.
Key details:
- Transaction Type: RSU Grant (Acquisition)
- Filing Date: June 28, 2025
- Reporting Person Role: Director, President and CEO
- Ownership Type: Direct
FAQ
What is the current stock price of Golden Minerals (AUMN)?
What is the market cap of Golden Minerals (AUMN)?
