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 decreased their target price 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 Trading Up 8.6 %

Golden Minerals stock opened at $0.25 on Thursday. The firm’s 50 day simple moving average is $0.35 and its 200 day simple moving average is $0.43. The firm has a market capitalization of $3.64 million, a PE ratio of -0.27 and a beta of 0.28. Golden Minerals has a 1-year low of $0.21 and a 1-year high of $2.44.

Golden Minerals (NYSE:AUMN) last posted its 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%. Research analysts forecast 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.