The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, McEwen Inc (NYSE: MUX) closed at $10.75 up 0.09% from its previous closing price of $10.74. In other words, the price has increased by $0.09 from its previous closing price. On the day, 0.72 million shares were traded. MUX stock price reached its highest trading level at $10.85 during the session, while it also had its lowest trading level at $10.61.
Ratios:
For a deeper understanding of McEwen Inc’s stock, let’s take a closer look at its various 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:
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 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 580367744 and an Enterprise Value of 567062528. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 3.356 whereas that against EBITDA is 24.215.
Stock Price History:
The Beta on a monthly basis for MUX is 0.87, which has changed by 0.04368937 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, MUX has reached a high of $11.46, while it has fallen to a 52-week low of $6.38. The 50-Day Moving Average of the stock is 23.64%, while the 200-Day Moving Average is calculated to be 26.92%.
Shares Statistics:
For the past three months, MUX has traded an average of 759.94K shares per day and 1071740 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 38.62% stake in the company. Shares short for MUX as of 1749772800 were 4623478 with a Short Ratio of 6.08, compared to 1747267200 on 4666900. Therefore, it implies a Short% of Shares Outstanding of 4623478 and a Short% of Float of 8.61.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
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 $1.03 and $1.03 for the fiscal current year, implying an average EPS of $1.03. EPS for the following year is $3.39, with 1.0 analysts recommending between $3.39 and $3.39.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $49.05M this quarter.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 4 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 $216.06M. In the same quarter a year ago, actual revenue was $174.48MBased on 3 analysts’ estimates, the company’s revenue will be $247.97M in the next fiscal year. The high estimate is $347.9M and the low estimate is $184M.
