This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

7 Mining Stocks With Upside

1. Golden Minerals owns and controls a diversified portfolio of exploration projects with potential district scale properties in Latin America. The company's project pipeline is defined as feasibility and advanced exploration. Its most advanced project, under the feasibility stage, is El Quevar in Argentina. The company has one project under the advanced exploration stage, the Zacatecas project in Mexico, and 5 exploration stage projects: Atlas, Chavin, Cochabamba, Jehuemarca and La Pinta, in Argentina, Mexico and Peru.

During the year ended Dec. 2010, Golden Minerals recorded a net loss of $33.3 million, which included $15.8 million of expenses related to the El Quevar project, $13.3 million of exploration costs and $8.6 million of administrative overheads. Moreover, cash and cash equivalents stood at $121 million.

During Oct. 2010, the company closed a public offering of ~4.6 million shares, including 608,250 underwriter shares and a private placement of ~1.2 million shares to the Sentient Group. Both these issues were priced at $18.50 per share, taking the total proceeds of the offerings to ~$103 million.

All the three analysts covering the stock recommend a buy. There are no sell ratings on the stock. On average, analysts estimate a whopping 222% upside to $61.3 in value from current levels.

>>To see these stocks in action, visit the 7 Mining Stocks With Upside portfolio on Stockpickr.

8 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
BRD $0.00 0.00%
AUMN $0.44 0.00%
RIC $3.20 0.00%
URZ $1.17 0.00%
URG $0.94 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs