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

StockNews.com initiated coverage on shares of Golden Minerals (NYSE:AUMN) in a research report report published on Thursday. The brokerage issued a sell rating on the stock.

Separately, HC Wainwright dropped their target price on shares of Golden Minerals from $3.10 to $1.50 and set a buy rating on the stock in a research note on Tuesday, July 16th.

Golden Minerals Price Performance

NYSE:AUMN opened at $0.25 on Thursday. Golden Minerals has a one year low of $0.21 and a one year high of $2.44. The company has a market cap of $3.64 million, a PE ratio of -0.27 and a beta of 0.28. The firm has a 50-day moving average of $0.35 and a 200-day moving average of $0.43.

Golden Minerals (NYSE:AUMN) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.13) earnings per share for the quarter. Golden Minerals had a negative return on equity of 517.60% and a negative net margin of 77.16%. On average, equities research analysts expect that Golden Minerals will post -0.69 earnings per share for the current fiscal year.

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.