Golden Minerals (NYSE:AUMN) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Golden Minerals (NYSE:AUMN) in a research note issued to investors on Monday. The firm set a “sell” rating on the stock.

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

Golden Minerals Price Performance

Golden Minerals stock opened at $0.33 on Monday. The firm has a 50 day simple moving average of $0.40 and a 200-day simple moving average of $0.46. The stock has a market capitalization of $4.83 million, a PE ratio of -0.36 and a beta of 0.27. Golden Minerals has a 12-month low of $0.26 and a 12-month high of $2.44.

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.