Shares of McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$11.14 and traded as high as C$13.21. McEwen Mining shares last traded at C$12.85, with a volume of 37,144 shares.
Wall Street Analyst Weigh In
MUX has been the topic of several research analyst reports. National Bank Financial upgraded McEwen Mining to a "strong-buy" rating in a report on Tuesday, April 29th. National Bankshares set a C$20.00 price objective on shares of McEwen Mining and gave the stock an "outperform" rating in a report on Wednesday, April 30th.
Read Our Latest Stock Analysis on MUX
McEwen Mining Price Performance
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 company's 50 day moving average price is C$11.28 and its 200 day moving average price is C$11.22. The firm has a market capitalization of C$475.15 million, a P/E ratio of 4.53 and a beta of 1.45.
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.
Featured Stories
Before you consider McEwen Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and McEwen Mining wasn't on the list.
While McEwen Mining currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
