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

StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMN) in a research note issued to investors on Friday. The brokerage set a “sell” rating on the stock.

Golden Minerals Price Performance

Shares of AUMN stock opened at $0.27 on Friday. The firm’s 50-day simple moving average is $0.30 and its 200-day simple moving average is $0.37. Golden Minerals has a 1-year low of $0.21 and a 1-year high of $0.79. The firm has a market cap of $4.11 million, a P/E ratio of -0.53 and a beta of 0.23.

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.