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

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

Golden Minerals Stock Up 15.3 %

NYSE:AUMN opened at $0.14 on Friday. The firm’s fifty day simple moving average is $0.09 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. The stock has a market cap of $2.09 million, a P/E ratio of -0.27 and a beta of 0.12.

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.