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McEwen Mining Inc (NYSE: MUX) closed the day trading at $7.61 down -3.91% from the previous closing price of $7.92. In other words, the price has decreased by -$3.91 from its previous closing price. On the day, 0.62 million shares were traded. MUX stock price reached its highest trading level at $7.8 during the session, while it also had its lowest trading level at $7.53.
Ratios:
For a better understanding of MUX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
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.
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 402757728 and an Enterprise Value of 414986880. As of this moment, McEwen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 2.079 whereas that against EBITDA is 12.935.
Stock Price History:
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 -14.34%, while the 200-Day Moving Average is calculated to be -21.68%.
Shares Statistics:
Over the past 3-months, MUX traded about 577.57K shares per day on average, while over the past 10 days, MUX traded about 379710 shares per day. A total of 52.92M shares are outstanding, with a floating share count of 44.44M. Insiders hold about 16.03% of the company’s shares, while institutions hold 30.50% stake in the company. Shares short for MUX as of 1734048000 were 1051526 with a Short Ratio of 1.82, compared to 1731628800 on 1074051. Therefore, it implies a Short% of Shares Outstanding of 1051526 and a Short% of Float of 2.8900001.
