Check Out McEwen Mining Inc (MUX)’s Trade Data Rather Than the Analysts’ Views

With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.54 million shares. During the session, the Other Precious Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $9.542 whereas the lowest price it dropped to was $9.17. The 52-week range on MUX shows that it touched its highest point at $12.50 and its lowest point at $5.92 during that stretch. It currently has a 1-year price target of $13.38. Beta for the stock currently stands at 1.45.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MUX was up-trending over the past week, with a rise of 2.42%, but this was up by 0.98% over a month. Three-month performance surged to 3.68% while six-month performance fell -12.26%. The stock gained 41.98% in the past year, while it has gained 28.99% so far this year. A look at the trailing 12-month EPS for MUX yields 1.74 with Next year EPS estimates of -0.17. For the next quarter, that number is -0.12. This implies an EPS growth rate of -160.87% for this year and 75.71% for next year.

Float and Shares Shorts:

At present, 49.44 million MUX shares are outstanding with a float of 44.50 million shares on hand for trading. On 2024-09-13, short shares totaled 1.43 million, which was 269.0 higher than short shares on 1723680000. In addition to Mr. Robert Ross McEwen as the firm’s Chairman, CEO, President & Chief Owner, Mr. Perry Y. Ing B.Com., B.Comm, C.A., C.F.A., CPA serves as its Interim Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.23337999 of MUX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, MUX reported revenue of $47476000.0 and operating income of -$1832000.0. The EBITDA in the recently reported quarter was $5844000.0 and diluted EPS was -$0.26.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MUX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.