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

StockNews.com initiated coverage on shares of Golden Minerals (NYSE:AUMN) in a research report sent to investors on Tuesday morning. The brokerage issued a sell rating on the stock.

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

Golden Minerals Price Performance

Shares of NYSE:AUMN opened at $0.37 on Tuesday. The business’s 50 day moving average is $0.29 and its 200 day moving average is $0.40. The stock has a market cap of $5.54 million, a P/E ratio of -0.41 and a beta of 0.28. Golden Minerals has a 52-week low of $0.21 and a 52-week high of $1.04.

Golden Minerals (NYSE:AUMN) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.13) EPS for the quarter. On average, sell-side analysts anticipate that Golden Minerals will post -0.69 EPS 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.