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

StockNews.com began coverage on shares of Golden Minerals (NYSE:AUMN) in a research note released on Thursday morning. The brokerage issued a sell rating on the stock.

Golden Minerals Trading Down 9.3 %

Shares of NYSE:AUMN opened at $0.29 on Thursday. Golden Minerals has a twelve month low of $0.21 and a twelve month high of $0.79. The firm has a market cap of $4.29 million, a P/E ratio of -0.31 and a beta of 0.23. The company has a 50 day moving average of $0.30 and a 200-day moving average of $0.38.

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.