The stock of McEwen Mining Inc (NYSE:MUX) last traded at $7.38, down -14.68% from the previous session.
MUX stock price is now -11.04% away from the 50-day moving average and -21.91% away from the 200-day moving average. The market capitalization of the company currently stands at $390.59M.
On September 10, 2019, B. Riley FBR recently initiated its ‘Buy’ rating on the stock quoting a target price of $4.20, while ‘ROTH Capital’ rates the stock as ‘Buy’
In other news, Darveau-Garneau Nicolas, Director bought 2,285 shares of the company’s stock on Dec 06 ’24. The stock was bought for $19,114 at an average price of $8.37. Upon completion of the transaction, the Director now directly owns 2,285 shares in the company, valued at $16863.3. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 21 ’24, General Counsel/Corp Sec Diges Carmen L sold 17,066 shares of the business’s stock. A total of $161,103 was realized by selling the stock at an average price of $9.44. This leaves the insider owning 10,982 shares of the company worth $81047.16. A total of 16.17% of the company’s stock is owned by insiders.
During the past 12 months, McEwen Mining Inc has had a low of $5.92 and a high of $12.50. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 1.17, and a quick ratio of 0.74. The fifty day moving average price for MUX is $8.296 and a two-hundred day moving average price translates $9.45085 for the stock.
The latest earnings results from McEwen Mining Inc (NYSE: MUX) was released for 2024-09-30. The net profit margin was 51.59% and return on equity was 24.18% for MUX. The company reported revenue of $52.25 million for the quarter, compared to $38.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.05 percent. For the current quarter, analysts expect MUX to generate $32.2M in revenue.
