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

StockNews.com initiated coverage on shares of Golden Minerals (NYSE:AUMN) in a research report released on Sunday morning. The firm issued a sell rating on the stock.

Golden Minerals Trading Down 8.5 %

Shares of AUMN stock opened at $0.17 on Friday. The firm has a fifty day simple moving average of $0.13 and a 200-day simple moving average of $0.20. The company has a market capitalization of $2.60 million, a PE ratio of -0.33 and a beta of 0.12. Golden Minerals has a twelve month low of $0.07 and a twelve month high of $0.79.

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.