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As of close of business last night, McEwen Mining Inc’s stock clocked out at $9.30, down -3.53% from its previous closing price of $9.64. In other words, the price has decreased by -$3.53 from its previous closing price. On the day, 0.66 million shares were traded. MUX stock price reached its highest trading level at $9.542 during the session, while it also had its lowest trading level at $9.17.
Ratios:
To gain a deeper understanding of MUX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.07.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 21 ’24 when Diges Carmen L sold 17,066 shares for $9.44 per share. The transaction valued at 161,103 led to the insider holds 10,982 shares of the business.
Spears Stephan Michael sold 2,503 shares of MUX for $24,529 on Jun 18 ’24. The VP Corporate Development now owns 751 shares after completing the transaction at $9.80 per share. On Jun 18 ’24, another insider, Ing Perry, who serves as the Chief Financial Officer of the company, sold 23,332 shares for $9.76 each. As a result, the insider received 227,720 and left with 15,551 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 492765152 and an Enterprise Value of 473858304. As of this moment, McEwen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 2.551 whereas that against EBITDA is 193.491.
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 2.70%, while the 200-Day Moving Average is calculated to be 2.62%.
Shares Statistics:
It appears that MUX traded 543.31K shares on average per day over the past three months and 772850 shares per day over the past ten days. A total of 49.44M shares are outstanding, with a floating share count of 44.50M. Insiders hold about 16.01% of the company’s shares, while institutions hold 28.03% stake in the company. Shares short for MUX as of 1726185600 were 1427722 with a Short Ratio of 2.63, compared to 1723680000 on 1511337. Therefore, it implies a Short% of Shares Outstanding of 1427722 and a Short% of Float of 3.92.
