McEwen Mining Inc (MUX) went down -4.49% yesterday: Is this the Most Sought-After Stock Today?

McEwen Mining Inc (NYSE: MUX) open the trading on Thursday, with a bit cautious approach as it glided -4.49% to $8.72, before settling in for the price of $9.13 at the close. Taking a more long-term approach, MUX posted a 52-week range of $5.92-$12.50.

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It was noted that the giant of the Basic Materials sector posted annual sales growth of 8.51% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -151.30%. This publicly-traded company’s shares outstanding now amounts to $52.92 million, simultaneously with a float of $44.44 million. The organization now has a market capitalization sitting at $461.50 million. At the time of writing, stock’s 50-day Moving Average stood at $9.28, while the 200-day Moving Average is $9.71.

McEwen Mining Inc (MUX) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Other Precious Metals & Mining industry. McEwen Mining Inc’s current insider ownership accounts for 16.03%, in contrast to 30.50% institutional ownership. According to the most recent insider trade that took place on Dec 06 ’24, this organization’s Director bought 2,285 shares at the rate of 8.37, making the entire transaction reach 19,114 in total value, affecting insider ownership by 2,285. Preceding that transaction, on Jun 21 ’24, Company’s General Counsel/Corp Sec sold 17,066 for 9.44, making the whole transaction’s value amount to 161,103. This particular insider is now the holder of 10,982 in total.

McEwen Mining Inc (MUX) Earnings and Revenue Records

McEwen Mining Inc’s EPS decrease for this current 12-month fiscal period is -151.30% and is forecasted to reach -0.07 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 0.74. The Stock has managed to achieve an average true range (ATR) of 0.45. Alongside those numbers, its PE Ratio stands at $4.18, and its Beta score is 1.42. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.31. Similarly, its price to free cash flow for trailing twelve months is now 51.85.

In the same vein, MUX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.09, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.07 at the market close of one year from today.

Technical Analysis of McEwen Mining Inc (MUX)

[McEwen Mining Inc, MUX] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 56.67% While, its Average True Range was 0.46.

Raw Stochastic average of McEwen Mining Inc (MUX) in the period of the previous 100 days is set at 27.86%, which indicates a major fall in contrast to 59.30% 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 58.50% that was higher than 52.18% volatility it exhibited in the past 100-days period.