McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX's stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$10.67 and traded as low as C$9.62. McEwen Mining shares last traded at C$9.81, with a volume of 33,640 shares.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on MUX shares. National Bank Financial upgraded McEwen Mining to a "strong-buy" rating in a research report on Tuesday, April 29th. National Bankshares set a C$20.00 target price on shares of McEwen Mining and gave the company an "outperform" rating in a research note on Wednesday, April 30th.
Get Our Latest Stock Analysis on McEwen Mining
McEwen Mining Trading Up 4.0%
The company has a debt-to-equity ratio of 8.46, a current ratio of 1.17 and a quick ratio of 1.00. The stock's fifty day simple moving average is C$10.64 and its 200-day simple moving average is C$11.22. The firm has a market cap of C$391.23 million, a PE ratio of 3.73 and a beta of 1.45.
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.
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