5 Best Junior Gold Mining Stocks To Buy Now

4. Golden Minerals Company (NYSE: AUMN)

Golden Minerals is one of the best junior gold mining stocks to buy now. The Colorado-based company is operating various gold mining and exploration projects in Mexico, Argentina and Nevada. In January, the company started the production of gold and silver at its Rodeo project in Mexico. The company also plans to start production at Velardeña Properties in 2021-2022. In February, the company posted results for its most recent quarter. Revenue in the period came in at $5.6 million, missing the Street’s estimates by $0.14 million.

As of the end of the fourth quarter, 1 hedge fund in Insider Monkey’s database of 887 funds held stakes in Golden Minerals Company. Jim Simons’ Renaissance Technologies is the biggest stakeholder in the company, with 433,215 shares, worth $390,000.