Shares of McEwen Mining Inc (TSE:MUX – Get Free Report) (NYSE:MUX) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$11.81 and traded as high as C$12.25. McEwen Mining shares last traded at C$11.94, with a volume of 19,255 shares trading hands.
McEwen Mining Stock Performance
The company has a debt-to-equity ratio of 8.53, a current ratio of 1.68 and a quick ratio of 1.00. The stock has a market cap of C$632.70 million, a PE ratio of 4.70 and a beta of 1.45. The business has a 50 day moving average price of C$11.81 and a two-hundred day moving average price of C$12.51.
McEwen Mining (TSE:MUX – Get Free Report) (NYSE:MUX) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C($0.05) earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.10). McEwen Mining had a net margin of 46.63% and a return on equity of 16.78%. During the same quarter in the previous year, the firm posted ($0.52) EPS. As a group, equities research analysts forecast that McEwen Mining Inc will post 0.0677185 EPS for the current fiscal year.
McEwen Mining Company Profile
McEwen Mining Inc engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada.
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