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The price of McEwen Mining Inc (NYSE: MUX) closed at $8.91 in the last session, down -2.73% from day before closing price of $9.16. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 0.6 million shares were traded. MUX stock price reached its highest trading level at $9.58 during the session, while it also had its lowest trading level at $8.91.
Ratios:
We take a closer look at MUX’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 472100800 and an Enterprise Value of 453934944. As of this moment, McEwen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 2.443 whereas that against EBITDA is 185.355.
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 -2.68%, while the 200-Day Moving Average is calculated to be -0.81%.
Shares Statistics:
According to the various share statistics, MUX traded on average about 532.82K shares per day over the past 3-months and 486930 shares per day over the past 10 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 28.16% stake in the company. Shares short for MUX as of 1724976000 were 1464392 with a Short Ratio of 2.75, compared to 1722384000 on 1396201. Therefore, it implies a Short% of Shares Outstanding of 1464392 and a Short% of Float of 4.02.
