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After finishing at $8.91 in the prior trading day, McEwen Mining Inc (NYSE: MUX) closed at $8.34, down -6.40%. In other words, the price has decreased by -$6.40 from its previous closing price. On the day, 0.98 million shares were traded. MUX stock price reached its highest trading level at $8.665 during the session, while it also had its lowest trading level at $8.0994.
Ratios:
Our goal is to gain a better understanding of MUX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.67. 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:
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 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 441392832 and an Enterprise Value of 453622016. As of this moment, McEwen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.13 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 2.272 whereas that against EBITDA is 14.139.
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 -12.64%, while the 200-Day Moving Average is calculated to be -12.13%.
Shares Statistics:
The stock has traded on average 564.03K shares per day over the past 3-months and 523890 shares per day over the last 10 days, according to various share statistics. 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 28.88% stake in the company. Shares short for MUX as of 1728950400 were 1433088 with a Short Ratio of 2.54, compared to 1726185600 on 1427722. Therefore, it implies a Short% of Shares Outstanding of 1433088 and a Short% of Float of 3.94.
