Economy

McEwen Mining Inc. (MUX)

(NYSE:MUX) shares saw heavy trading volume with 4,162K shares changing hands on Wednesday.

In recent trading day Atwood Oceanics, Inc. The company has market cap of $657.25 million. For shareholders, given the total diluted outstanding shares of 308.52 million, this means overall earnings per share of -0.01. The days to cover increased to 15.0 and the percentage of shorted shares was 0.12% on August 31.

The stock of McEwen Mining Inc (NYSE:MUX) hit a new 52-week low and has $1.93 target or 3.00 % below today's $1.99 share price. Stock's distance from 52 week High is -53.5% and the distance from 52 week Low is 4.04%. About 5.35 million contracts were traded on 23-Sep-17 compared to daily average volume of 3.01 million shares. The Beta for the stock stands at 2.43. After a recent check, McEwen Mining Inc., (NYSE:MUX)'s last month price volatility comes out to be 5.64% which for the week stands at 5.36%.

The stock has Return on Assets (ROA) of -1 percent.

Since the beginning of the calendar year, the stock is -28.18%.

Profitability analysis helps a great deal in making investment decision.

Liquidity ratios help investors to determine a company's ability to pay off its debts. For the quarter, shares have been noted at -21.72%. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. (NASDAQ:PLUG) puts the stock on today's active list.

Mcewen Mining Inc (NYSE:MUX)'s distance from 20 day simple moving average is -0.1783 along with distance from 50 day simple moving average of 2.42 whereas its distance from 200 day simple moving average is 2.73. The Free Cash Flow or FCF margin is 0.

EPS Estimate for the next year is 0.13.

EPS Growth this year is 202.9 percent.

The company is trading down by 5.74% percent from yesterday's close. The Company dividend yield observed at 1.94%.

Currently, the stock has a 1 Year Price Target of $5.

Insider Trades for McEwen Mining Inc. show that the latest trade was made on 24 May 2017 where Mcewen (Robert Ross), the Chief Executive Officer completed a transaction type "Buy" in which 405740 shares were traded at a price of $0. Over a month, it has seen its stock price volatility to stay at 5.36% while shortening the period to a week, volatility was 5.64%. Its Average True Range (ATR) value figured out at 1.84.

The company last reported its quarterly results on Aug 03 BMO.

The Stock had a 1 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1 and 1 respectively.

McEwen Mining Inc (MUX) presently has a 14-day Commodity Channel Index (CCI) of -131.89.

The company now has an insider ownership of 25.75 Percent and Institutional ownership of 28.3 Percent.

McEwen Mining Inc is a mining and minerals production and exploration company.



Like this

loading...
loading...

Latest


27 September 2017
Alvaro Morata slams his own performance v Stoke
Alvaro Morata is joint-top of the Premier League's top scorers charts this season with six. Morata in action for Chelsea against Arsenal.

27 September 2017
Iran's Rohani Vows Stronger Missile Capabilities
Simultaneously, a large-scale military parade was also held in the southern port city of Bandar Abbas, involving a range of naval watercraft, according to Tasnim news agency .

27 September 2017
Intel unveils Loihi self-learning neuromorphic chip
In a partnership with the California Institute of Technology, Intel has developed the first ever self-learning neuromorphic chip. By making use of a similar method, the company believes that Loihi will work towards raising the bar for AI development.

27 September 2017
McClatchy: US Doesn't Believe Cuba Behind Mysterious Attacks
One possibility being probed by the State Department is that a third country is responsible for the attacks. Rodriguez last week urged the US not to politicize the matter and to cooperate with the investigation.

27 September 2017
Did the Warriors call about Dwyane Wade to mess with the Cavaliers?
Joe Vardon of Cleveland.com reported that Wade is "leaning heavily toward" a reunion with James after he clears waivers. Following practice on Tuesday, Cavaliers forward Tristan Thompson said Wade would be a "great" fit in Cleveland.

27 September 2017
Bannon-backed candidate beats Trump's pick for Alabama Senate seat
Beasley said he also had concerns that the twice-ousted chief justice "might have more of a negative image for the state". Moore is casting unusual as being part of the problem in Washington since he's supported by the GOP establishment.

27 September 2017
Russian Federation test-fires RS-12M ballistic missile with advanced warhard
The RS-12M Topol is a single-warhead ICBM designed in the Soviet time, which entered service in 1985. The Russian military has launched drills involving intercontinental ballistic missiles in Siberia.

27 September 2017
Merkel to Netanyahu: Talks with Israel will be held when government forms
Netanyahu said Tuesday that Israel is concerned over the rise of anti-Semitism in "the right and left and among Islamic elements".

27 September 2017
LeBron James on President Trump: 'He doesn't even care'
Nearly 200 NFL players knelt during the national anthem on Sunday in protest following recent criticism from President Trump . James said he would continue to use his platform to inspire people. "Sport is so unbelievable , what it can do for everyone".

27 September 2017
PTC Therapeutics, Inc. (NASDAQ:PTCT) Moving Aggressively - Down by 21.68%
The value of the investment in PTC Therapeutics, Inc . went from $2,952,000 to $434,000 decreasing 85.3% for the reporting period. As of quarter end Point72 Asset Management, L.p. had disposed of a total of 276,300 shares trimming its stake by 92.1%.