Golden Minerals (NYSE:AUMN) Receives New Coverage from Analysts at StockNews.com

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

Separately, HC Wainwright dropped their price target on shares of 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 Down 5.6 %

Shares of NYSE AUMN opened at $0.25 on Friday. The firm’s 50-day simple moving average is $0.31 and its 200 day simple moving average is $0.42. The stock has a market cap of $3.70 million, a P/E ratio of -0.27 and a beta of 0.28. Golden Minerals has a fifty-two week low of $0.21 and a fifty-two week high of $2.44.

Golden Minerals (NYSE:AUMN) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. Golden Minerals had a negative net margin of 77.16% and a negative return on equity of 517.60%. 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.