StockNews.com Initiates Coverage on Golden Minerals (NYSE:AUMN)

Equities research analysts at StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMN) in a report issued on Friday. The firm set a “sell” rating on the stock.

Golden Minerals Stock Performance

Golden Minerals stock opened at $0.27 on Friday. The stock has a 50-day moving average price of $0.30 and a 200 day moving average price of $0.37. Golden Minerals has a 52 week low of $0.21 and a 52 week high of $0.79. The stock has a market cap of $4.11 million, a PE ratio of -0.53 and a beta of 0.23.

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.