Golden Minerals (NYSE:AUMN) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMN) in a research report sent to investors on Saturday morning. The firm issued a sell rating on the stock.

Golden Minerals Price Performance

Shares of AUMN opened at $0.27 on Friday. The stock has a market capitalization of $4.07 million, a PE ratio of -0.52 and a beta of 0.12. The business’s fifty day moving average price is $0.12 and its 200 day moving average price is $0.20. Golden Minerals has a 12-month low of $0.07 and a 12-month high of $0.79.

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.