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

Research analysts at StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMN) in a report issued on Wednesday. The firm set a “sell” rating on the stock.

Golden Minerals Stock Up 1.5 %

NYSE:AUMN opened at $0.09 on Wednesday. Golden Minerals has a 12-month low of $0.07 and a 12-month high of $0.79. The stock’s 50 day moving average price is $0.09 and its two-hundred day moving average price is $0.22. The firm has a market capitalization of $1.29 million, a price-to-earnings ratio of -0.17 and a beta of 0.24.

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.