---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-090560"
form_type: "8-K"
ticker: "AUMN"
cik: "0001011509"
company_name: "Golden Minerals Co"
filed_at: "2024-08-16T23:59:59+00:00"
generated_at: "2026-05-31T08:46:49.011386+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Golden Minerals Q2 net loss $2.7M; warns cash may run out in Sept 2024

## Summary
- Net loss $2.7M ($0.19/sh) vs $1.5M ($0.21/sh) in Q2 2023; cash and equivalents $1.4M at June 30, 2024.
- Company says cash resources will be exhausted in September 2024; as of Aug 9 cash only $0.7M.
- Needs $6M-$8M additional capital to fund through June 2025; considering bankruptcy for Mexican subsidiaries.
- Buyer of Velardeña oxide plant in default on $3M payment; Company seeking buyers for El Quevar and Yoquivo.

## SEC filing metadata
- accession: 0001104659-24-090560
- form_type: 8-K
- ticker: AUMN
- cik: 0001011509
- company_name: Golden Minerals Co
- filed_at: 2024-08-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1011509/000110465924090560/0001104659-24-090560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1011509/000110465924090560/tm2421922d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-090560
- JSON: https://secwatch.observer/filing/0001104659-24-090560.json
- Plain text: https://secwatch.observer/filing/0001104659-24-090560.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.