NEW YORK (

TheStreet

) -- Shares of

Golden Minerals

(AMEX:

AUMN

) have taken a tremendous swing upward. The stock is trading at $22.44 as of 2:48 p.m. ET, 21% above Tuesday's closing price of $18.55. Volume is at 163,719, two times the daily average of 81,700.

Golden has a market cap of $289.7 million and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 30.5% year to date as of the close of trading on Tuesday.

Golden Minerals Company engages in the exploration and development of mining properties, as well as provision of mining services. It owns and controls a diversified portfolio of approximately 30 exploration projects principally in Latin America.

TheStreet Ratings rates Golden as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full

Golden Ratings Report

.

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