Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
McEwen Mining Inc (NYSE: MUX) closed the day trading at $7.87 down -0.76% from the previous closing price of $7.93. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 0.9 million shares were traded. MUX stock price reached its highest trading level at $8.08 during the session, while it also had its lowest trading level at $7.82.
Ratios:
For a better understanding of MUX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.09 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.
Diges Carmen L sold 17,066 shares of MUX for $161,103 on Jun 21 ’24. The General Counsel/Corp Sec now owns 10,982 shares after completing the transaction at $9.44 per share. On Jun 18 ’24, another insider, Spears Stephan Michael, who serves as the VP Corporate Development of the company, sold 2,503 shares for $9.80 each. As a result, the insider received 24,529 and left with 751 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 427700640 and an Enterprise Value of 451266592. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 2.586 whereas that against EBITDA is 21.485.
Stock Price History:
The Beta on a monthly basis for MUX is 1.24, which has changed by -0.17653167 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, MUX has reached a high of $12.50, while it has fallen to a 52-week low of $6.46. The 50-Day Moving Average of the stock is 1.69%, while the 200-Day Moving Average is calculated to be -10.66%.
Shares Statistics:
Over the past 3-months, MUX traded about 925.64K shares per day on average, while over the past 10 days, MUX traded about 1190870 shares per day. A total of 53.05M shares are outstanding, with a floating share count of 45.21M. Insiders hold about 16.17% of the company’s shares, while institutions hold 28.41% stake in the company. Shares short for MUX as of 1741910400 were 5331630 with a Short Ratio of 5.76, compared to 1739491200 on 4891591. Therefore, it implies a Short% of Shares Outstanding of 5331630 and a Short% of Float of 14.280000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The current Payout Ratio is 0.00% for MUX, which recently paid a dividend on 2019-03-07 with an ex-dividend date of 1551916800. Stock splits for the company last occurred on 2022-07-28 when the company split stock in a 1:10 ratio.
Earnings Estimates
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 $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
2 analysts predict $39.06M in revenue for the current quarter. It ranges from a high estimate of $40.7M to a low estimate of $37.41M. As of the current estimate, McEwen Mining Inc’s year-ago sales were $41.23MFor the next quarter, 2 analysts are estimating revenue of $41.7M. There is a high estimate of $43.5M for the next quarter, whereas the lowest estimate is $39.9M.
A total of 3 analysts have provided revenue estimates for MUX’s current fiscal year. The highest revenue estimate was $303.2M, while the lowest revenue estimate was $168.8M, resulting in an average revenue estimate of $223.69M. In the same quarter a year ago, actual revenue was $174.48MBased on 2 analysts’ estimates, the company’s revenue will be $180.1M in the next fiscal year. The high estimate is $212.01M and the low estimate is $148.2M.
