ValuEngine Downgrades Golden Minerals Co (NYSEMKT:AUMN) to Strong Sell

ValuEngine cut shares of Golden Minerals Co (NYSEMKT:AUMN) from a sell rating to a strong sell rating in a research note published on Wednesday, July 19th.

Shares of Golden Minerals (NYSEMKT AUMN) traded up 2.08% during midday trading on Wednesday, hitting $0.56. 42,313 shares of the stock traded hands. Golden Minerals has a 12-month low of $0.45 and a 12-month high of $1.11. The company’s market capitalization is $50.21 million. The firm’s 50 day moving average price is $0.56 and its 200 day moving average price is $0.59.

Golden Minerals (NYSEMKT:AUMN) last posted its earnings results on Tuesday, May 9th. The basic materials company reported ($0.01) earnings per share for the quarter. The business had revenue of $1.64 million for the quarter. Golden Minerals had a negative return on equity of 56.82% and a negative net margin of 69.04%. During the same quarter in the previous year, the firm earned ($0.10) earnings per share. Analysts expect that Golden Minerals will post ($0.15) EPS for the current year.

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Golden Minerals Company Profile

Golden Minerals Company is a mining company. The Company owns the Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants (the Velardena Properties) in the State of Durango, Mexico, the El Quevar advanced exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located primarily in Mexico.

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