Golden Minerals (NYSE:AUMN) Now Covered by StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Golden Minerals (NYSE:AUMNGet Free Report) in a report issued on Sunday. The brokerage set a “sell” rating on the stock.

Separately, HC Wainwright decreased their target price on shares of Golden Minerals from $9.00 to $3.10 and set a “buy” rating on the stock in a report on Tuesday, November 14th.

Check Out Our Latest Research Report on Golden Minerals

Golden Minerals Price Performance

Golden Minerals stock opened at $0.47 on Friday. The business’s 50 day moving average price is $0.48. The company has a market cap of $6.61 million, a price-to-earnings ratio of -0.29 and a beta of 0.41. Golden Minerals has a 1-year low of $0.40 and a 1-year high of $7.00.

Golden Minerals (NYSE:AUMNGet Free Report) last posted its earnings results on Friday, November 10th. The company reported ($0.38) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.50) by $0.12. The business had revenue of $2.50 million for the quarter. Golden Minerals had a negative net margin of 73.94% and a negative return on equity of 257.52%. As a group, research analysts anticipate that Golden Minerals will post -0.96 earnings per share for the current year.

Hedge Funds Weigh In On Golden Minerals

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new stake in shares of Golden Minerals in the 3rd quarter valued at $292,000. Renaissance Technologies LLC boosted its stake in shares of Golden Minerals by 87.5% in the 1st quarter. Renaissance Technologies LLC now owns 882,488 shares of the company’s stock valued at $179,000 after purchasing an additional 411,765 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of Golden Minerals by 126.3% in the 3rd quarter. Citadel Advisors LLC now owns 274,079 shares of the company’s stock valued at $71,000 after purchasing an additional 152,974 shares in the last quarter. State Street Corp boosted its stake in shares of Golden Minerals by 62.4% in the 1st quarter. State Street Corp now owns 255,615 shares of the company’s stock valued at $128,000 after purchasing an additional 98,236 shares in the last quarter. Finally, Virtu Financial LLC boosted its position in Golden Minerals by 264.2% during the 1st quarter. Virtu Financial LLC now owns 153,867 shares of the company’s stock valued at $77,000 after buying an additional 111,616 shares during the period. Hedge funds and other institutional investors own 62.24% of the company’s stock.

Golden Minerals Company Profile

(Get Free Report)

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.

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