McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$10.59 and traded as high as C$11.17. McEwen Mining shares last traded at C$10.98, with a volume of 8,449 shares traded.
Analysts Set New Price Targets
MUX has been the subject of a number of recent research reports. National Bank Financial upgraded McEwen Mining to a "strong-buy" rating in a research note on Tuesday, April 29th. National Bankshares set a C$20.00 price objective on McEwen Mining and gave the stock an "outperform" rating in a report on Wednesday, April 30th.
View Our Latest Research Report on MUX
McEwen Mining Stock Performance
The firm has a fifty day moving average of C$10.65 and a 200 day moving average of C$11.15. The stock has a market cap of C$464.18 million, a price-to-earnings ratio of 4.42 and a beta of 1.45. The company has a debt-to-equity ratio of 8.46, a current ratio of 1.17 and a quick ratio of 1.00.
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.
Further Reading
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