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

Equities researchers at StockNews.com initiated coverage on shares of Golden Minerals (NYSE:AUMN) in a report released on Sunday. The brokerage set a “sell” rating on the stock.

Golden Minerals Trading Down 8.5 %

Shares of AUMN opened at $0.17 on Friday. The firm has a market capitalization of $2.60 million, a price-to-earnings ratio of -0.33 and a beta of 0.12. The firm’s fifty day simple moving average is $0.13 and its 200-day simple moving average is $0.20. Golden Minerals has a twelve month low of $0.07 and a twelve month high of $0.79.

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.