McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX's stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty 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 changing hands.
Wall Street Analyst Weigh In
MUX has been the subject of a number of analyst reports. National Bankshares set a C$20.00 price objective on McEwen Mining and gave the company an "outperform" rating in a research report on Wednesday, April 30th. National Bank Financial upgraded McEwen Mining to a "strong-buy" rating in a research report on Tuesday, April 29th.
Get Our Latest Research Report on McEwen Mining
McEwen Mining Stock Down 1.5%
The firm has a market cap of C$485.73 million, a price-to-earnings ratio of 4.63 and a beta of 1.45. 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 stock has a 50-day moving average of C$11.14 and a 200-day moving average of C$11.21.
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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