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

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

Separately, HC Wainwright decreased their price objective on 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

Shares of Golden Minerals stock opened at $0.27 on Friday. The stock has a market capitalization of $3.92 million, a price-to-earnings ratio of -0.29 and a beta of 0.28. The business has a 50-day moving average of $0.32 and a 200 day moving average of $0.42. Golden Minerals has a 12 month low of $0.21 and a 12 month high of $2.44.

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