McEwen Mining Inc. (NYSE:MUX) plummeted -3.29 percent and ended the day at $2.94. The Average Volume of the company is 4.39 Million and P/E (price to earnings) ratio is 84, while Forward P/E ratio is 0.
H.C. Wainwright Initiated its coverage for McEwen Mining Inc. (NYSE:MUX) in a note sent to investors on 20-Apr-15. The research firm Initiated the stock to Buy. Moreover, Stifel Nicolaus issued Initiated rating for the stock on 8-Feb-13.
The highest price MUX stock touched in the last 12 month was $4.92 and the lowest price it hit in the same period was $1.72. The stock has a Return on Assets of 0 percent, Return on Investment of 4.3 percent and a Return on Equity of 0 percent. The company’s market cap is $882 Million.
Price Target is an important factor while doing analysis of a stock. According to 1 analysts, Price Target for McEwen Mining Inc. (NYSE:MUX) may hit a high of $5. The average and low price target for the stock are $5 and $5, respectively.
Now we look at the Moving Averages, the 200-day is -17.28, the 50-day is -20.48 and the 20-day is -22.8. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.
Looking forward, the company is expected to report earnings of $0.14 per share for the current quarter. Revenue is expected in between 72.5 Million and 72.5 Million with an average of 72.5 Million.
When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 0.2. Out of 1 brokerage recommendations, 0 gave a Strong Buy, 1 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell.
McEwen Mining Inc. (NYSE:MUX) performance during the last one year Improved 51.91 percent, while its year to date (YTD) performance showed a Positive trend of 1.16 percent. The stock Fell -28.9 percent over the past six months. The stock’s quarterly performance indicates a Negative momentum of -7.43 percent, whereas its last one month trend is Pessimistic with -31.31 percent. Its weekly performance showed downward trend of -15.76 percent.
Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 0 percent, operating profit margin was 23.9 percent, whereas gross profit margin stands at 55.6 percent. Beta factor was calculated at -0.35.
McEwen Mining Inc. (NYSE:MUX) has 290.43 Million shares outstanding and 197.82 Million shares were floated in market. The short ratio in the company’s stock is documented at 7.07 and the short float is around of 15.67%. The stock’s average true range of stands at 0.22, while the relative strength index is 26.58.
Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 2.5, current ratio was 3.8, LT Debt/Equity ratio was 0 and Total Debt/Equity ratio was 0.