Market Insights: McEwen Inc (MUX)’s Notable Drop of -4.58, Closing at 10.84

As of close of business last night, McEwen Inc’s stock clocked out at $10.84, down -4.58% from its previous closing price of $11.36. In other words, the price has decreased by -$4.58 from its previous closing price. On the day, 1.04 million shares were traded. MUX stock price reached its highest trading level at $11.365 during the session, while it also had its lowest trading level at $10.61.

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 1.89 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.26.

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 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.

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 613300096 and an Enterprise Value of 633467328. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.46 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 3.75 whereas that against EBITDA is 27.05.

Stock Price History:

The Beta on a monthly basis for MUX is 0.90, which has changed by 0.1872946 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, MUX has reached a high of $11.80, while it has fallen to a 52-week low of $6.38. The 50-Day Moving Average of the stock is 12.52%, while the 200-Day Moving Average is calculated to be 26.36%.

Shares Statistics:

It appears that MUX traded 753.31K shares on average per day over the past three months and 692410 shares per day over the past ten days. A total of 53.94M shares are outstanding, with a floating share count of 45.15M. Insiders hold about 16.36% of the company’s shares, while institutions hold 37.82% stake in the company. Shares short for MUX as of 1752537600 were 5235747 with a Short Ratio of 6.95, compared to 1749772800 on 4623478. Therefore, it implies a Short% of Shares Outstanding of 5235747 and a Short% of Float of 9.75.

Earnings Estimates

The stock of McEwen Inc (MUX) is currently drawing attention from 1 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $1.04 and $1.04 for the fiscal current year, implying an average EPS of $1.04. EPS for the following year is $3.79, with 1.0 analysts recommending between $3.79 and $3.79.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $49.05M. It ranges from a high estimate of $54.6M to a low estimate of $43.5M. As of the current estimate, McEwen Inc’s year-ago sales were $47.48MFor the next quarter, 2 analysts are estimating revenue of $61.3M. There is a high estimate of $68.7M for the next quarter, whereas the lowest estimate is $53.89M.

A total of 3 analysts have provided revenue estimates for MUX’s current fiscal year. The highest revenue estimate was $224.6M, while the lowest revenue estimate was $197.35M, resulting in an average revenue estimate of $214.32M. In the same quarter a year ago, actual revenue was $174.48MBased on 2 analysts’ estimates, the company’s revenue will be $198M in the next fiscal year. The high estimate is $212.01M and the low estimate is $184M.

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