StockNews.com Initiates Coverage on Golden Minerals (NYSE:AUMN)

StockNews.com began coverage on shares of Golden Minerals (NYSE:AUMN) in a research report sent to investors on Monday. The firm issued a sell rating on the stock.

Separately, HC Wainwright decreased their price target on shares of Golden Minerals from $3.10 to $1.50 and set a “buy” rating for the company in a report on Tuesday, July 16th.

Golden Minerals Stock Down 2.0 %

NYSE:AUMN opened at $0.38 on Monday. The business’s 50-day moving average price is $0.29 and its 200 day moving average price is $0.41. Golden Minerals has a 52-week low of $0.21 and a 52-week high of $1.94. The firm has a market cap of $5.54 million, a P/E ratio of -0.41 and a beta of 0.28.

Golden Minerals (NYSE:AUMN) last issued its earnings results on Wednesday, August 14th. The company reported ($0.13) earnings per share for the quarter. Sell-side analysts expect that Golden Minerals will post -0.69 EPS for the current year.

Golden Minerals Company Profile

Golden Minerals Company, a precious metals exploration company explores for mineral properties in Argentina, Nevada, and Mexico. It explores for gold, silver, copper, zinc, lead, and other minerals. The company was formerly known as Apex Silver Mines Limited and changed its name to Golden Minerals Company in March 2009.