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

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

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

Golden Minerals Price Performance

Shares of AUMN opened at $0.27 on Wednesday. Golden Minerals has a twelve month low of $0.26 and a twelve month high of $2.44. The stock has a market capitalization of $3.92 million, a P/E ratio of -0.29 and a beta of 0.29. The company has a 50 day moving average of $0.37 and a 200-day moving average of $0.44.

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