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

Equities researchers at StockNews.com began coverage on shares of Golden Minerals (NYSE:AUMN) in a research report issued on Wednesday. The brokerage set a “sell” rating on the stock.

Separately, HC Wainwright lowered their price target on shares of 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

AUMN stock opened at $0.31 on Wednesday. The firm has a 50 day simple moving average of $0.29 and a two-hundred day simple moving average of $0.39. The stock has a market cap of $4.72 million, a PE ratio of -0.34 and a beta of 0.23. Golden Minerals has a one year low of $0.21 and a one year high of $0.79.

Golden Minerals (NYSE:AUMN) last released its earnings results on Wednesday, August 14th. The company reported ($0.13) EPS for the quarter. On average, research analysts expect that Golden Minerals will post -0.69 EPS for the current fiscal year.

About Golden Minerals

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.