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

Equities researchers at StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMN) in a research note issued on Wednesday. The brokerage set a “sell” rating on the stock.

Golden Minerals Price Performance

AUMN stock remained flat at $0.49 during midday trading on Wednesday. The company’s stock had a trading volume of 123,244 shares, compared to its average volume of 332,292. Golden Minerals has a 52 week low of $0.26 and a 52 week high of $4.50. The business has a 50-day moving average of $0.51 and a 200 day moving average of $0.49. The firm has a market capitalization of $7.20 million, a PE ratio of -0.53 and a beta of 0.34.

Golden Minerals (NYSE:AUMN) last posted its quarterly earnings data on Tuesday, March 19th. The company reported ($0.02) earnings per share (EPS) for the quarter. Golden Minerals had a negative return on equity of 223.07% and a negative net margin of 77.16%. The business had revenue of $0.30 million for the quarter. On average, sell-side analysts forecast that Golden Minerals will post -0.41 earnings per share for the current fiscal year.

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.