Golden Minerals (NYSE:AUMN) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMN) in a report released on Tuesday. The brokerage set a “sell” rating on the stock.

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

Golden Minerals Price Performance

Shares of AUMN opened at $0.37 on Tuesday. Golden Minerals has a 1-year low of $0.21 and a 1-year high of $1.04. The company has a market capitalization of $5.49 million, a P/E ratio of -0.40 and a beta of 0.28. The firm’s 50 day simple moving average is $0.29 and its 200 day simple moving average is $0.40.

Golden Minerals (NYSE:AUMN) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.13) earnings per share for the quarter. On average, equities analysts anticipate that Golden Minerals will post -0.69 earnings per share 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.