Golden Minerals Reports Q2 2025 Results: Net Loss Narrows to $1.8M, EPS Improves to $0.12 from $0.19

Golden Minerals Company reported its financial results for the second quarter ending June 30, 2025. The company recorded a net loss of $1.8 million, a decrease compared to a net loss of $2.7 million reported in the same period last year. Exploration expenses reduced to $0.2 million from $0.3 million, while administrative expenses dropped to $1.5 million from $2.1 million year-over-year. The loss from discontinued operations, net of taxes, also decreased significantly to $0.3 million from $4.6 million. Golden Minerals' cash and equivalents stood at $2.5 million as of June 30, 2025, down from $3.2 million at the end of 2024. The company reported no debt as of June 30, 2025, maintaining its position from December 31, 2024. The company is exploring several options to generate cash flow, including the sale of assets or the company itself, equity financing, and partnerships. Without additional cash inflows, Golden Minerals anticipates its cash resources will be depleted by the first quarter of 2026, potentially forcing the company to cease operations and liquidate. Business restructuring efforts initiated in 2024 have led to a reduction in liabilities and costs. These efforts are expected to conclude with the completion of the remaining sales agreement for the Velardeña assets, anticipated in the third quarter. The company has ceased mining operations at the Velardeña mines in Mexico and sold related assets. As of June 30, 2025, the company was owed $32,000 plus a $5,000 value-added tax from the $3.0 million purchase price for these assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Golden Minerals Company published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1061087) on August 14, 2025, and is solely responsible for the information contained therein.