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McEwen Mining (TSE:MUX) Sets New 52-Week High - What's Next?

McEwen Mining logo with Basic Materials background

Key Points

  • McEwen Mining's shares reached a new 52-week high of C$21.79 during trading, closing slightly lower at C$21.76.
  • The company has a market capitalization of C$1.18 billion and is involved in the exploration, development, production, and sale of precious metals.
  • McEwen Mining owns assets in both Mexico and Canada, including significant mining projects such as the El Gallo and Fenix projects.
  • MarketBeat previews the top five stocks to own by October 1st.

McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX shares hit a new 52-week high during trading on Friday . The company traded as high as C$21.79 and last traded at C$21.76, with a volume of 69691 shares traded. The stock had previously closed at C$20.43.

McEwen Mining Stock Performance

The stock has a 50 day simple moving average of C$16.44 and a 200 day simple moving average of C$13.34. The company has a market cap of C$1.18 billion, a price-to-earnings ratio of -86.88 and a beta of 1.19. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 8.46.

About McEwen Mining

(Get Free Report)

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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