Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $9.28 in the prior trading day, McEwen Mining Inc (NYSE: MUX) closed at $9.13, down -1.62%. In other words, the price has decreased by -$1.62% from its previous closing price. On the day, 0.56 million shares were traded. MUX stock price reached its highest trading level at $9.25 during the session, while it also had its lowest trading level at $8.96.
Ratios:
Our goal is to gain a better understanding of MUX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.26.
On September 10, 2019, B. Riley FBR started tracking the stock assigning a Buy rating and target price of $4.20.
On December 11, 2017, ROTH Capital started tracking the stock assigning a Buy rating and target price of $3.25.ROTH Capital initiated its Buy rating on December 11, 2017, with a $3.25 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 ’24 when Darveau-Garneau Nicolas bought 2,285 shares for $8.37 per share. The transaction valued at 19,114 led to the insider holds 2,285 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MUX now has a Market Capitalization of 492907712 and an Enterprise Value of 541148416. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.92 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 3.203 whereas that against EBITDA is 23.108.
Stock Price History:
The Beta on a monthly basis for MUX is 0.95, which has changed by -0.014038861 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, MUX has reached a high of $11.39, while it has fallen to a 52-week low of $6.38. The 50-Day Moving Average of the stock is 11.29%, while the 200-Day Moving Average is calculated to be 8.76%.
Shares Statistics:
The stock has traded on average 718.89K shares per day over the past 3-months and 813750 shares per day over the last 10 days, according to various share statistics. A total of 53.94M shares are outstanding, with a floating share count of 45.20M. Insiders hold about 16.27% of the company’s shares, while institutions hold 38.33% stake in the company. Shares short for MUX as of 1748563200 were 4736081 with a Short Ratio of 6.59, compared to 1745971200 on 4520194. Therefore, it implies a Short% of Shares Outstanding of 4736081 and a Short% of Float of 8.8199995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
