Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, McEwen Mining Inc’s stock clocked out at $7.39, down -5.62% from its previous closing price of $7.83. In other words, the price has decreased by -$5.62 from its previous closing price. On the day, 0.92 million shares were traded.
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.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 0.83.
Stock Price History:
Over the past 52 weeks, MUX has reached a high of $12.45, while it has fallen to a 52-week low of $6.38. The 50-Day Moving Average of the stock is -2.12%, while the 200-Day Moving Average is calculated to be -12.83%.
Shares Statistics:
A total of 53.94M shares are outstanding, with a floating share count of 45.21M. Insiders hold about 16.17% of the company’s shares, while institutions hold 29.11% stake in the company.
