Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, McEwen Mining Inc (NYSE: MUX) closed at $8.21 down -2.03% from its previous closing price of $8.38. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 0.63 million shares were traded. MUX stock price reached its highest trading level at $8.24 during the session, while it also had its lowest trading level at $7.9042.
Ratios:
For a deeper understanding of McEwen Mining Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.02. 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:
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 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 434512608 and an Enterprise Value of 446741792. As of this moment, McEwen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.14 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 2.238 whereas that against EBITDA is 13.925.
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 -13.27%, while the 200-Day Moving Average is calculated to be -14.17%.
Shares Statistics:
For the past three months, MUX has traded an average of 606.33K shares per day and 894570 over the past ten days. A total of 49.44M shares are outstanding, with a floating share count of 44.45M. Insiders hold about 16.01% of the company’s shares, while institutions hold 30.50% stake in the company. Shares short for MUX as of 1730332800 were 1200388 with a Short Ratio of 1.98, compared to 1727654400 on 1357021. Therefore, it implies a Short% of Shares Outstanding of 1200388 and a Short% of Float of 3.3000000000000003.
