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

Analysts at StockNews.com began coverage on shares of Golden Minerals (NYSE:AUMN) in a research note issued on Saturday. The firm set a “sell” rating on the stock.

Golden Minerals Stock Performance

Golden Minerals stock opened at $0.27 on Friday. The stock’s 50 day moving average price is $0.30 and its two-hundred day moving average price is $0.36. The stock has a market capitalization of $4.06 million, a price-to-earnings ratio of -0.52 and a beta of 0.23. Golden Minerals has a 52-week low of $0.21 and a 52-week high of $0.79.

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.