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

StockNews.com started coverage on shares of Golden Minerals (NYSE:AUMN) in a research report sent to investors on Thursday morning. The brokerage issued a sell rating on the stock.

Separately, HC Wainwright lowered 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

Golden Minerals stock opened at $0.25 on Thursday. The stock has a market capitalization of $3.64 million, a PE ratio of -0.27 and a beta of 0.28. The business has a 50 day simple moving average of $0.35 and a 200-day simple moving average of $0.43. Golden Minerals has a 12 month low of $0.21 and a 12 month high of $2.44.

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