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

StockNews.com began coverage on shares of Golden Minerals (NYSE:AUMN) in a research report released on Wednesday. The brokerage issued a sell rating on the stock.

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

Golden Minerals Stock Performance

Shares of NYSE AUMN opened at $0.26 on Wednesday. Golden Minerals has a 1 year low of $0.26 and a 1 year high of $2.44. The firm has a market cap of $3.95 million, a price-to-earnings ratio of -0.28 and a beta of 0.28. The stock’s 50-day simple moving average is $0.37 and its 200-day simple moving average is $0.44.

Golden Minerals (NYSE:AUMN) last announced its earnings results on Wednesday, August 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. Golden Minerals had a negative return on equity of 517.60% and a negative net margin of 77.16%. As a group, research analysts predict that Golden Minerals will post -0.69 EPS 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.