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

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

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

Golden Minerals Price Performance

AUMN opened at $0.29 on Friday. Golden Minerals has a 1 year low of $0.21 and a 1 year high of $2.44. The firm has a market cap of $4.19 million, a PE ratio of -0.31 and a beta of 0.28. The stock has a 50-day moving average price of $0.32 and a 200-day moving average price of $0.42.

Golden Minerals (NYSE:AUMN) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.13) EPS for the quarter. Golden Minerals had a negative net margin of 77.16% and a negative return on equity of 517.60%. As a group, sell-side analysts anticipate that Golden Minerals will post -0.69 EPS for the current 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.