McEwen Mining Inc. (NYSE: MUX) flaunted slowness of -2.17% at $1.35, as the Stock market unbolted on May 19, 2021. During the day, the stock rose to $1.39 and sunk to $1.32 before settling in for the price of $1.38 at the close. Taking a more long-term approach, MUX posted a 52-week range of $0.76-$1.60.
It was noted that the giant of the Basic Materials sector posted annual sales growth of 7.50% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -40.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -128.70%. This publicly-traded company’s shares outstanding now amounts to $441.79 million, simultaneously with a float of $417.21 million. The organization now has a market capitalization sitting at $605.02 million. At the time of writing, stock’s 50-day Moving Average stood at $1.1704, while the 200-day Moving Average is $1.1166.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 377 workers. It has generated 277,955 per worker during the last fiscal year. Meanwhile, its income per employee was -404,045. The stock had 46.91 Receivables turnover and 0.18 Total Asset turnover. For the Profitability, stocks gross margin was -42.95, operating margin was -64.75 and Pretax Margin of -146.69.
McEwen Mining Inc. (MUX) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the McEwen Mining Inc. industry. McEwen Mining Inc.’s current insider ownership accounts for 0.20%, in contrast to 20.40% 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
Going through the last 3-months fiscal report unveiled on the 3/30/2021, it has been observed that the corporation posted -$0.03 earnings per share (EPS) during the time that was less the consensus figure (set at -$0.02) by -$0.01. This company achieved a net margin of -145.36 while generating a return on equity of -35.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
McEwen Mining Inc.’s EPS decrease for this current 12-month fiscal period is -128.70% 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 1.20. The Stock has managed to achieve an average true range (ATR) of 0.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.77.
In the same vein, MUX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.38, 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)
Now, what If we examine the latest scores posted by [McEwen Mining Inc., MUX]. During the last 5-days, its volume was lower the volume of 6.6 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 93.33% While, its Average True Range was 0.0712.
Raw Stochastic average of McEwen Mining Inc. (MUX) in the period of the previous 100 days is set at 64.29%, which indicates a major fall in contrast to 80.00% 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 66.31% that was lower than 84.38% volatility it exhibited in the past 100-days period.