Golden Minerals stock plummets as it raises $4.2m through public offering
The offering comes six months after the company said it would need to raise enough cash to restart mining operations at its Velardeña properties in Mexico.
Investors in the small, fast growing market for lithium can be forgiven for feeling whiplash – the battery metal was also the worst performer – by a long shot – for two years since 2013.
Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China and the Ukraine war upended global energy.