Witnessing the stock’s movement on the chart, on Thursday, McEwen Mining Inc (NYSE: MUX) had a quiet start as it plunged -6.49% to $9.51, before settling in for the price of $10.17 at the close. Taking a more long-term approach, MUX posted a 52-week range of $5.92-$12.50.
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In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 8.51%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -158.26%. This publicly-traded company’s shares outstanding now amounts to $49.44 million, simultaneously with a float of $44.50 million. The organization now has a market capitalization sitting at $503.89 million. At the time of writing, stock’s 50-day Moving Average stood at $9.58, while the 200-day Moving Average is $9.41.
McEwen Mining Inc (MUX) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Other Precious Metals & Mining industry. McEwen Mining Inc’s current insider ownership accounts for 16.01%, in contrast to 28.21% institutional ownership. According to the most recent insider trade that took place on Jun 21 ’24, this organization’s General Counsel/Corp Sec sold 17,066 shares at the rate of 9.44, making the entire transaction reach 161,103 in total value, affecting insider ownership by 10,982. Preceding that transaction, on Jun 18 ’24, Company’s VP Corporate Development sold 2,503 for 9.80, making the whole transaction’s value amount to 24,529. This particular insider is now the holder of 751 in total.
McEwen Mining Inc (MUX) Earnings and Revenue Records
McEwen Mining Inc’s EPS decrease for this current 12-month fiscal period is -158.26% and is forecasted to reach -0.12 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 1.21. The Stock has managed to achieve an average true range (ATR) of 0.51. Alongside those numbers, its PE Ratio stands at $5.47, and its Beta score is 1.44. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.71.
In the same vein, MUX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.74, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.12 at the market close of one year from today.
Technical Analysis of McEwen Mining Inc (MUX)
Going through the that latest performance of [McEwen Mining Inc, MUX]. Its last 5-days volume of 0.44 million was inferior to the volume of 0.66 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 22.58% While, its Average True Range was 0.52.
Raw Stochastic average of McEwen Mining Inc (MUX) in the period of the previous 100 days is set at 49.21%, which indicates a major rise in contrast to 12.96% 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 51.71% that was higher than 49.93% volatility it exhibited in the past 100-days period.
