Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, McEwen Mining Inc’s stock clocked out at $12.05, up 2.47% from its previous closing price of $11.76. In other words, the price has increased by $2.47 from its previous closing price. On the day, 0.6 million shares were traded. MUX stock price reached its highest trading level at $12.3099 during the session, while it also had its lowest trading level at $11.95.
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 1.09 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 23 ’23 when Ball Ian J bought 2,656 shares for $7.16 per share. The transaction valued at 19,012 led to the insider holds 2,656 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 595376064 and an Enterprise Value of 612456128. As of this moment, McEwen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 3.684 whereas that against EBITDA is -8.577.
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 24.49%, while the 200-Day Moving Average is calculated to be 54.44%.
Shares Statistics:
It appears that MUX traded 808.42K shares on average per day over the past three months and 858870 shares per day over the past ten days. A total of 49.44M shares are outstanding, with a floating share count of 40.64M. Insiders hold about 17.80% of the company’s shares, while institutions hold 20.18% stake in the company. Shares short for MUX as of 1713139200 were 2053367 with a Short Ratio of 2.54, compared to 1710460800 on 1112459. Therefore, it implies a Short% of Shares Outstanding of 2053367 and a Short% of Float of 4.9799999999999995.
