Shares of McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$10.63 and traded as high as C$10.66. McEwen Mining shares last traded at C$10.63, with a volume of 23,909 shares trading hands.
Analyst Ratings Changes
Several research analysts have issued reports on the company. 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 stock an "outperform" rating in a research note on Wednesday, April 30th.
Get Our Latest Stock Analysis on MUX
McEwen Mining Stock Performance
The stock has a market cap of C$421.85 million, a price-to-earnings ratio of 4.02 and a beta of 1.45. The firm's 50-day moving average is C$10.59 and its two-hundred day moving average is C$11.15. The company has a current ratio of 1.17, a quick ratio of 1.00 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.
Read More
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
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
