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 Monday morning. The brokerage issued a sell rating on the stock.

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

Golden Minerals Stock Up 8.6 %

AUMN stock opened at $0.38 on Monday. Golden Minerals has a fifty-two week low of $0.21 and a fifty-two week high of $2.37. The firm’s 50-day simple moving average is $0.29 and its 200 day simple moving average is $0.41. The stock has a market cap of $5.54 million, a PE ratio of -0.41 and a beta of 0.28.

Golden Minerals (NYSE:AUMN) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.13) earnings per share for the quarter. Equities analysts forecast that Golden Minerals will post -0.69 EPS for the current fiscal year.

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.