On Friday, McEwen Inc (NYSE: MUX) opened lower -5.03% from the last session, before settling in for the closing price of $10.74. Price fluctuations for MUX have ranged from $6.38 to $11.80 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 12.31%. Company’s average yearly earnings per share was noted 117.67% at the time writing. With a float of $45.25 million, this company’s outstanding shares have now reached $54.10 million.
Let’s determine the extent of company efficiency that accounts for 424 employees. In terms of profitability, gross margin is 30.06%, operating margin of -12.39%, and the pretax margin is -11.4%.
McEwen Inc (MUX) Insider Activity
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 37.63%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.04 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.1) by 0.07. 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 117.67% 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 1.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.26, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.58 in one year’s time.
Technical Analysis of McEwen Inc (MUX)
Looking closely at McEwen Inc (NYSE: MUX), its last 5-days average volume was 0.93 million, which is a jump from its year-to-date volume of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 41.95%.
During the past 100 days, McEwen Inc’s (MUX) raw stochastic average was set at 70.48%, which indicates a significant increase from 12.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.44 in the past 14 days, which was higher than the 0.39 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.14, while its 200-day Moving Average is $8.60.
