Financial Fitness Check: Examining McEwen Mining Inc (MUX)’s Key Ratios

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

In the latest session, McEwen Mining Inc (NYSE: MUX) closed at $10.18 down -0.97% from its previous closing price of $10.28. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.63 million shares were traded. MUX stock price reached its highest trading level at $10.45 during the session, while it also had its lowest trading level at $10.14.


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 0.85 and its Current Ratio is at 1.37. 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 Jun 23 ’23 when Ball Ian J bought 2,656 shares for $7.16 per share. The transaction valued at 19,012 led to the insider holds 2,656 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 503300224 and an Enterprise Value of 521441216. As of this moment, McEwen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 3.019 whereas that against EBITDA is -13.948.

Stock Price History:

The Beta on a monthly basis for MUX is 1.49, which has changed by 0.31694698 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, MUX has reached a high of $12.50, while it has fallen to a 52-week low of $5.92. The 50-Day Moving Average of the stock is -0.26%, while the 200-Day Moving Average is calculated to be 29.46%.

Shares Statistics:

For the past three months, MUX has traded an average of 887.63K shares per day and 959480 over the past ten days. A total of 49.44M shares are outstanding, with a floating share count of 40.64M. Insiders hold about 17.80% of the company’s shares, while institutions hold 20.21% stake in the company. Shares short for MUX as of 1714435200 were 2464095 with a Short Ratio of 2.78, compared to 1711584000 on 1322160. Therefore, it implies a Short% of Shares Outstanding of 2464095 and a Short% of Float of 6.0100004.

Dividends & Splits

The current Payout Ratio is 0.00% for MUX, which recently paid a dividend on 2019-03-07 with an ex-dividend date of 1551916800. Stock splits for the company last occurred on 2022-07-28 when the company split stock in a 1:10 ratio.

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