Explores gold and silver deposits in Argentina and Nevada.
Dec 2023Revenue $12.0M/yrExpenses $18.2M/yr
No trendCash runway ≈ 6 months from Jun 2025
Figures by year
When will Golden Minerals be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Dec 2023, revenue was $12.0M and expenses $18.2M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2023 | $12.0M | $18.2M | −$6.19M |
| Dec 2022 | $23.3M | $33.4M | −$10.1M |
| Dec 2021 | $25.6M | $27.1M | −$1.47M |
| Dec 2020 | $5.64M | $14.4M | −$8.80M |
| Dec 2019 | $7.73M | $12.8M | −$5.05M |
| Dec 2018 | $7.22M | $9.18M | −$1.96M |
| Dec 2017 | $6.69M | $10.6M | −$3.86M |
| Dec 2016 | $6.40M | $12.7M | −$6.32M |
| Dec 2015 | $8.07M | $38.2M | −$30.2M |
| Dec 2014 | $235K | $22.6M | −$22.3M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.