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

StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMNFree Report) in a report released on Thursday. The brokerage issued a sell rating on the stock.

Golden Minerals Trading Down 4.8 %

Golden Minerals stock traded down $0.02 during trading hours on Thursday, reaching $0.30. 32,038 shares of the company were exchanged, compared to its average volume of 231,497. Golden Minerals has a 12 month low of $0.21 and a 12 month high of $0.79. The stock has a 50-day moving average of $0.30 and a 200 day moving average of $0.38. The firm has a market cap of $4.51 million, a price-to-earnings ratio of -0.33 and a beta of 0.23.

Golden Minerals (NYSE:AUMNGet Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. As a group, research analysts forecast that Golden Minerals will post -0.69 EPS for the current year.

About Golden Minerals

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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.

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