As on February 17, 2021, McEwen Mining Inc. (NYSE: MUX) started slowly as it slid -5.65% to $1.17. During the day, the stock rose to $1.245 and sunk to $1.17 before settling in for the price of $1.24 at the close. Taking a more long-term approach, MUX posted a 52-week range of $0.53-$1.60.
The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 20.90%. Meanwhile, its Annual Earning per share during the time was 30.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -24.10%. This publicly-traded company’s shares outstanding now amounts to $403.89 million, simultaneously with a float of $324.81 million. The organization now has a market capitalization sitting at $519.34 million. At the time of writing, stock’s 50-day Moving Average stood at $1.0520, while the 200-day Moving Average is $1.0742.
While finding the extent of efficiency of the company that is accounted for 448 employees. It has generated 261,203 per worker during the last fiscal year. Meanwhile, its income per employee was -133,364. The stock had 62.98 Receivables turnover and 0.18 Total Asset turnover. For the Profitability, stocks gross margin was -28.08, operating margin was -47.14 and Pretax Margin of -54.34.
McEwen Mining Inc. (MUX) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Other Precious Metals & Mining industry. McEwen Mining Inc.’s current insider ownership accounts for 0.10%, in contrast to 15.20% institutional ownership. According to the most recent insider trade that took place on Nov 13, this organization’s CHIEF OPERATING OFFICER bought 8,000 shares at the rate of 1.31, making the entire transaction reach 10,480 in total value, affecting insider ownership by 8,000.
McEwen Mining Inc. (MUX) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2020, the company posted -$0.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.02) by $0. This company achieved a net margin of -51.06 while generating a return on equity of -12.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
McEwen Mining Inc.’s EPS decrease for this current 12-month fiscal period is -24.10% and is forecasted to reach 0.02 in the upcoming year.
McEwen Mining Inc. (NYSE: MUX) Trading Performance Indicators
Let’s observe the current performance indicators for McEwen Mining Inc. (MUX). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.75.
In the same vein, MUX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.39, a figure that is expected to reach -0.02 in the next quarter, and analysts are predicting that it will be 0.02 at the market close of one year from today.
Technical Analysis of McEwen Mining Inc. (MUX)
Through scrutinizing the latest numbers posted by the [McEwen Mining Inc., MUX], it can be observed that its last 5-days Average volume of 9.59 million was lower the volume of 10.52 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 51.74% While, its Average True Range was 0.1134.
Raw Stochastic average of McEwen Mining Inc. (MUX) in the period of the previous 100 days is set at 38.57%, which indicates a major rise in contrast to 31.55% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 166.88% that was higher than 81.40% volatility it exhibited in the past 100-days period.