Sudden plunge in stock price (-40.2% in the after-market)

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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AmericaTheBrave

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Sudden plunge in stock price (-40.2% in the after-market)

posted on Feb 28, 2019 04:34PM

Does anybody have an idea what just happened?

AUMN just fell by over 40% in the aftermarket. ADVFN showing a stock price of 0.2 $ (-40.24%)

I contacted investor relations and will look what they say.

The financial results for 2018 were good, and the stock traded ok for the day, so a drop of 40% in the aftermarket - on very high volume - is surely intimidating. I am an investor since the ECU take-over (old ECU shareholder), so I have seen some things, but have never seen a devaluation of so many millions of ounces in the ground by nearly half - with not even a 1% move in silver.