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

Analysts at StockNews.com started coverage on shares of Golden Minerals (NYSE:AUMN) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the stock.

Golden Minerals Price Performance

Golden Minerals stock opened at $0.49 on Wednesday. The company has a market capitalization of $7.20 million, a price-to-earnings ratio of -0.45 and a beta of 0.42. Golden Minerals has a one year low of $0.26 and a one year high of $6.00. The company’s fifty day moving average price is $0.48 and its two-hundred day moving average price is $0.57.

Golden Minerals (NYSE:AUMN) last issued its quarterly earnings results on Tuesday, March 19th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $0.30 million during the quarter. Golden Minerals had a negative net margin of 77.16% and a negative return on equity of 213.59%. As a group, sell-side analysts anticipate that Golden Minerals will post -0.41 earnings per share for the current year.

Golden Minerals Company Profile

Golden Minerals Company, a precious metals exploration company explores for mineral properties. It explores for gold, silver, copper, zinc, lead, and other minerals. The company holds a 100% interest in the Rodeo gold mine situated in Durango State, Mexico; and a 100% interest in the Velardeña and Chicago gold-silver mining properties and associated oxide and sulfide processing plants located in the State of Durango, Mexico.