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

Equities researchers at StockNews.com initiated coverage on shares of Golden Minerals (NYSE:AUMN) in a research note issued to investors on Wednesday. The firm set a “sell” rating on the stock.

Golden Minerals Stock Down 14.5 %

AUMN stock opened at $0.08 on Wednesday. Golden Minerals has a fifty-two week low of $0.07 and a fifty-two week high of $0.79. The firm’s 50-day simple moving average is $0.09 and its 200 day simple moving average is $0.22. The stock has a market cap of $1.22 million, a PE ratio of -0.16 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.