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

Investment analysts at StockNews.com began coverage on shares of Golden Minerals (NYSE:AUMN) in a research note issued on Saturday. The brokerage set a “sell” rating on the stock.

Golden Minerals Trading Down 17.5 %

Shares of AUMN stock opened at $0.29 on Friday. Golden Minerals has a 12-month low of $0.07 and a 12-month high of $0.79. The stock’s 50-day moving average price is $0.11 and its 200-day moving average price is $0.20. The stock has a market capitalization of $4.30 million, a price-to-earnings ratio of -0.55 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.