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

Stock analysts at StockNews.com initiated coverage on shares of Golden Minerals (NYSE:AUMN) in a note issued to investors on Tuesday. The brokerage set a “sell” rating on the stock.

Golden Minerals Stock Down 1.4 %

Shares of Golden Minerals stock opened at $0.17 on Tuesday. The stock has a market cap of $2.51 million, a PE ratio of -0.32 and a beta of -0.47. Golden Minerals has a 12 month low of $0.07 and a 12 month high of $0.74. The business has a fifty day simple moving average of $0.15 and a 200 day simple moving average of $0.19.

Golden Minerals Company Profile

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.