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

StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMN) in a report released on Thursday. The firm set a “sell” rating on the stock.

Golden Minerals Stock Down 2.1 %

NYSE:AUMN opened at $0.10 on Thursday. The stock has a fifty day simple moving average of $0.22 and a 200 day simple moving average of $0.30. The firm has a market capitalization of $1.51 million, a price-to-earnings ratio of -0.19 and a beta of 0.25. Golden Minerals has a 1-year low of $0.08 and a 1-year high of $0.79.

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.