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

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

Separately, HC Wainwright decreased their price target 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 Stock Performance

Golden Minerals stock opened at $0.27 on Friday. The company has a 50-day moving average price of $0.30 and a 200 day moving average price of $0.42. Golden Minerals has a 12-month low of $0.21 and a 12-month high of $2.44. The stock has a market cap of $3.94 million, a P/E ratio of -0.29 and a beta of 0.28.

Golden Minerals (NYSE:AUMN) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. As a group, analysts forecast that Golden Minerals will post -0.69 EPS for the current 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.