McEwen Mining Inc (NYSE: MUX) on Tuesday, plunged -4.83% from the previous trading day, before settling in for the closing price of $8.07. Within the past 52 weeks, MUX’s price has moved between $6.38 and $12.50.
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Basic Materials Sector giant saw their annual sales surged by 11.25% over the last five years. The company achieved an average annual earnings per share of 72.38%. With a float of $45.21 million, this company’s outstanding shares have now reached $53.05 million.
The firm has a total of 424 workers. Let’s measure their productivity. In terms of profitability, gross margin is 12.07%, operating margin of -10.69%, and the pretax margin is -26.79%.
McEwen Mining Inc (MUX) Breakdown of a Key Holders of the stock
Observing investor behavior towards Other Precious Metals & Mining industry stocks is more important than anything else. The insider ownership of McEwen Mining Inc is 16.17%, while institutional ownership is 28.40%. The most recent insider transaction that took place on Dec 06 ’24, was worth 19,114. In this transaction Director of this company bought 2,285 shares at a rate of $8.37, taking the stock ownership to the 2,285 shares. Before that another transaction happened on Jun 21 ’24, when Company’s General Counsel/Corp Sec sold 17,066 for $9.44, making the entire transaction worth $161,103. This insider now owns 10,982 shares in total.
McEwen Mining Inc (MUX) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 72.38% per share during the next fiscal year.
McEwen Mining Inc (NYSE: MUX) Trading Performance Indicators
McEwen Mining Inc (MUX) is currently performing well based on its current performance indicators. A quick ratio of 0.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.87, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of McEwen Mining Inc (MUX)
Analysing the last 5-days average volume posted by the [McEwen Mining Inc, MUX], we can find that recorded value of 0.71 million was lower than the volume posted last year of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 66.31%. Additionally, its Average True Range was 0.45.
During the past 100 days, McEwen Mining Inc’s (MUX) raw stochastic average was set at 44.83%, which indicates a significant decrease from 58.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.46% in the past 14 days, which was higher than the 58.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.49, while its 200-day Moving Average is $8.62. Now, the first resistance to watch is $7.99. This is followed by the second major resistance level at $8.30. The third major resistance level sits at $8.51. If the price goes on to break the first support level at $7.47, it is likely to go to the next support level at $7.26. Now, if the price goes above the second support level, the third support stands at $6.95.
McEwen Mining Inc (NYSE: MUX) Key Stats
Market capitalization of the company is 414.22 million based on 53,935K outstanding shares. Right now, sales total 174,480 K and income totals -43,690 K. The company made 33,520 K in profit during its latest quarter, and -8,230 K in sales during its previous quarter.
