Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, McEwen Mining Inc (NYSE: MUX) closed at $7.52 down -3.59% from its previous closing price of $7.80. In other words, the price has decreased by -$3.59 from its previous closing price. On the day, 0.51 million shares were traded. MUX stock price reached its highest trading level at $7.66 during the session, while it also had its lowest trading level at $7.4203.
Ratios:
For a deeper understanding of McEwen Mining Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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.
Diges Carmen L sold 17,066 shares of MUX for $161,103 on Jun 21 ’24. The General Counsel/Corp Sec now owns 10,982 shares after completing the transaction at $9.44 per share. On Jun 18 ’24, another insider, Spears Stephan Michael, who serves as the VP Corporate Development of the company, sold 2,503 shares for $9.80 each. As a result, the insider received 24,529 and left with 751 shares of the company.
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 405587424 and an Enterprise Value of 432389504. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 2.478 whereas that against EBITDA is 20.586.
Stock Price History:
The Beta on a monthly basis for MUX is 0.93, which has changed by -0.3605442 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, MUX has reached a high of $12.45, while it has fallen to a 52-week low of $6.38. The 50-Day Moving Average of the stock is 0.11%, while the 200-Day Moving Average is calculated to be -11.83%.
Shares Statistics:
For the past three months, MUX has traded an average of 1.01M shares per day and 568110 over the past ten days. A total of 53.05M shares are outstanding, with a floating share count of 45.21M. Insiders hold about 16.17% of the company’s shares, while institutions hold 28.81% stake in the company. Shares short for MUX as of 1744675200 were 5480204 with a Short Ratio of 5.41, compared to 1741910400 on 5331630. Therefore, it implies a Short% of Shares Outstanding of 5480204 and a Short% of Float of 14.680000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
