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

StockNews.com initiated coverage on shares of Golden Minerals (NYSE:AUMN) in a research note issued to investors on Tuesday morning. The firm issued a sell rating on the stock.

Golden Minerals Stock Performance

Shares of AUMN opened at $0.57 on Tuesday. The stock has a market cap of $8.34 million, a price-to-earnings ratio of -0.51 and a beta of 0.42. The company’s fifty day moving average is $0.48. Golden Minerals has a 1-year low of $0.26 and a 1-year high of $6.00.

Golden Minerals (NYSE:AUMN) last announced its earnings results on Tuesday, March 19th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $0.30 million for the quarter. Golden Minerals had a negative net margin of 77.16% and a negative return on equity of 213.59%. Research analysts expect that Golden Minerals will post -0.41 earnings per share for the current fiscal 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.