Golden Minerals Announces Q2 2025 Financial Results

Golden Minerals Company reported a net loss of $1.8 million, equating to $0.12 per share, for the second quarter of 2025. This marks an improvement from the $2.7 million loss, or $0.19 per share, noted in the same period in 2024. Exploration expenses decreased to $0.2 million, while administrative expenses were reduced to $1.5 million.

The company’s cash and equivalents at the end of June 2025 stood at $2.5 million, down from $3.2 million at the close of 2024. Golden Minerals remains debt-free, similar to the previous year end.

Efforts to reduce liabilities continued, with the company focusing on promising exploration assets. Ongoing joint venture documentation is set to bolster the Desierto project's development in Argentina. Despite cash resources expected to deplete by the first quarter of 2026, the company is exploring asset sales and external financing to meet future cash needs.