On Friday, McEwen Inc (NYSE: MUX) opened higher 3.10% from the last session, before settling in for the closing price of $10.64. Price fluctuations for MUX have ranged from $6.38 to $11.46 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Basic Materials Sector giant saw their annual sales surged by 12.31% over the last five years. Company’s average yearly earnings per share was noted 126.83% at the time writing. With a float of $45.15 million, this company’s outstanding shares have now reached $53.94 million.
The firm has a total of 424 workers. Let’s measure their productivity. In terms of profitability, gross margin is 17.67%, operating margin of -3.96%, and the pretax margin is -18.44%.
McEwen Inc (MUX) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Other Precious Metals & Mining industry is another important factor to consider. The insider ownership of McEwen Inc is 16.36%, while institutional ownership is 38.62%. 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.
McEwen Inc (MUX) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 126.83% per share during the next fiscal year.
McEwen Inc (NYSE: MUX) Trading Performance Indicators
Check out the current performance indicators for McEwen Inc (MUX). In the past quarter, the stock posted a quick ratio of 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of McEwen Inc (MUX)
Analysing the last 5-days average volume posted by the [McEwen Inc, MUX], we can find that recorded value of 0.97 million was better than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 69.80%.
During the past 100 days, McEwen Inc’s (MUX) raw stochastic average was set at 90.35%, which indicates a significant increase from 80.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.49 in the past 14 days, which was higher than the 0.37 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.82, while its 200-day Moving Average is $8.49. Now, the first resistance to watch is $11.08. This is followed by the second major resistance level at $11.18. The third major resistance level sits at $11.40. If the price goes on to break the first support level at $10.76, it is likely to go to the next support level at $10.54. Now, if the price goes above the second support level, the third support stands at $10.44.
McEwen Inc (NYSE: MUX) Key Stats
There are currently 53,988K shares outstanding in the company with a market cap of 592.24 million. Presently, the company’s annual sales total 174,480 K according to its annual income of -43,690 K. Last quarter, the company’s sales amounted to 35,700 K and its income totaled -6,270 K.
