Golden Minerals (NYSE:AUMN) Trading Down 8.3% – Time to Sell?

Golden Minerals (NYSE:AUMN)’s stock price was down 8.3% during trading on Monday . The company traded as low as $0.18 and last traded at $0.18. Approximately 12,647 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 136,841 shares. The stock had previously closed at $0.20.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen started coverage on Golden Minerals in a research note on Saturday, May 17th. They issued a “sell” rating for the company.

Golden Minerals Price Performance

The stock’s fifty day simple moving average is $0.17 and its 200-day simple moving average is $0.15. The stock has a market cap of $2.78 million, a P/E ratio of -0.35 and a beta of -0.68.

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.