McEwen Mining Inc (MUX) concluded trading on Wednesday at a closing price of $8.34, with 0.47 million shares of worth about $3.89 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.03% during that period and on January 08, 2025 the price saw a gain of about 2.84%. Currently the company’s common shares owned by public are about 52.92M shares, out of which, 44.37M shares are available for trading.
Stock saw a price change of 7.20% in past 5 days and over the past one month there was a price change of -0.95%. Year-to-date (YTD), MUX shares are showing a performance of 7.20% which increased to 22.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.92 but also hit the highest price of $12.50 during that period. The average intraday trading volume for McEwen Mining Inc shares is 568.37K. The stock is currently trading 1.97% above its 20-day simple moving average (SMA20), while that difference is down -2.63% for SMA50 and it goes to -14.03% lower than SMA200.
McEwen Mining Inc (NYSE: MUX) currently have 52.92M outstanding shares and institutions hold larger chunk of about 30.08% of that.
The stock has a current market capitalization of $441.39M and its 3Y-monthly beta is at 1.42. PE ratio of stock for trailing 12 months is 4.00, while it has posted earnings per share of $2.09 in the same period. It has Quick Ratio of 0.74 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MUX, volatility over the week remained 4.29% while standing at 3.97% over the month.
Stock’s fiscal year EPS is expected to drop by -151.30% while it is estimated to increase by 87.29% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH Capital on September 14, 2020 offering a Buy rating for the stock and assigned a target price of $2 to it. Coverage by B. Riley FBR stated McEwen Mining Inc (MUX) stock as a Buy in their note to investors on September 10, 2019, suggesting a price target of $4.20 for the stock. On December 11, 2017, ROTH Capital Initiated their recommendations, while on June 29, 2015, H.C. Wainwright Resumed their ratings for the stock with a price target of $1.30. Stock get a Buy rating from H.C. Wainwright on April 20, 2015.
