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McEwen Mining (TSE:MUX) Stock Rating Upgraded by National Bank Financial

McEwen Mining logo with Basic Materials background

McEwen Mining (TSE:MUX - Get Free Report) NYSE: MUX was upgraded by stock analysts at National Bank Financial to a "strong-buy" rating in a research note issued on Tuesday,Zacks.com reports.

Separately, National Bankshares set a C$20.00 target price on McEwen Mining and gave the company an "outperform" rating in a research note on Wednesday, April 30th.

Read Our Latest Stock Analysis on McEwen Mining

McEwen Mining Stock Performance

TSE MUX traded up C$0.25 during trading hours on Tuesday, reaching C$10.39. The company's stock had a trading volume of 28,655 shares, compared to its average volume of 47,246. 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 business has a 50-day simple moving average of C$10.61 and a 200 day simple moving average of C$11.54. McEwen Mining has a 52 week low of C$9.13 and a 52 week high of C$17.01. The stock has a market cap of C$392.74 million, a PE ratio of 3.74 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.

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