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

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

Golden Minerals Trading Down 6.4 %

Shares of AUMN opened at $0.09 on Wednesday. The company’s 50-day moving average price is $0.23 and its 200 day moving average price is $0.31. Golden Minerals has a 12-month low of $0.08 and a 12-month high of $0.79. The firm has a market cap of $1.32 million, a P/E ratio of -0.17 and a beta of 0.16.

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.