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

StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMN) in a report released on Sunday. The brokerage set a “sell” rating on the stock.

Golden Minerals Price Performance

Shares of AUMN stock opened at $0.09 on Friday. Golden Minerals has a one year low of $0.08 and a one year high of $0.79. The firm has a 50-day moving average of $0.13 and a 200-day moving average of $0.26. The company has a market cap of $1.40 million, a P/E ratio of -0.18 and a beta of 0.24.

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.