HC Wainwright Trims Golden Minerals (NYSE:AUMN) Target Price to $1.50

Golden Minerals (NYSE:AUMN) had its price target trimmed by HC Wainwright from $3.10 to $1.50 in a report issued on Tuesday, Benzinga reports. The firm currently has a buy rating on the stock. HC Wainwright also issued estimates for Golden Minerals’ FY2024 earnings at ($0.69) EPS and FY2025 earnings at ($0.45) EPS.

Separately, StockNews.com initiated coverage on shares of Golden Minerals in a report on Tuesday, July 9th. They issued a sell rating on the stock.

Golden Minerals Stock Performance

Shares of AUMN stock opened at $0.44 on Tuesday. Golden Minerals has a 12 month low of $0.26 and a 12 month high of $2.44. The firm’s 50 day moving average is $0.45 and its 200 day moving average is $0.47.

Golden Minerals (NYSE:AUMN) last posted its earnings results on Tuesday, May 14th. The company reported ($0.12) 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%. On average, equities research analysts predict that Golden Minerals will post -0.69 earnings per share for the current 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.