McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX reached a new 52-week high during trading on Monday . The company traded as high as C$15.74 and last traded at C$15.54, with a volume of 30964 shares. The stock had previously closed at C$15.03.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. National Bankshares set a C$20.00 price target on McEwen Mining and gave the stock an "outperform" rating in a report on Wednesday, April 30th. National Bank Financial raised McEwen Mining to a "strong-buy" rating in a research note on Tuesday, April 29th.
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McEwen Mining Stock Up 2.9%
The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 8.46. The firm has a market cap of C$584.76 million, a PE ratio of 5.57 and a beta of 1.45. The business's 50-day simple moving average is C$12.67 and its 200 day simple moving average is C$11.57.
About McEwen Mining
(
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McEwen Mining Inc engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada.
Further Reading
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