Let’s start up with the current stock price of McEwen Mining Inc. (MUX), which is $5.61 to be very precise.
McEwen Mining Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $10.20 on 01/20/22, with the lowest value was $2.81 for the same time period, recorded on 08/22/22.
McEwen Mining Inc. (MUX) full year performance was -47.08%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, McEwen Mining Inc. shares are logging -48.53% during the 52-week period from high price, and 99.64% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.81 and $10.90.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 681460 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the McEwen Mining Inc. (MUX) recorded performance in the market was -36.72%, having the revenues showcasing 71.04% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 271.52M, as it employees total of 430 workers.
Market experts do have their say about McEwen Mining Inc. (MUX)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.66, with a change in the price was noted +1.41. In a similar fashion, McEwen Mining Inc. posted a movement of +33.57% for the period of last 100 days, recording 324,797 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MUX is recording 0.18 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.17.
Technical breakdown of McEwen Mining Inc. (MUX)
Raw Stochastic average of McEwen Mining Inc. in the period of last 50 days is set at 99.28%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 99.17%. In the last 20 days, the company’s Stochastic %K was 84.38% and its Stochastic %D was recorded 77.99%.
Bearing in mind the latest performance of McEwen Mining Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -36.72%. Additionally, trading for the stock in the period of the last six months notably improved by 7.78%, alongside a downfall of -47.08% for the period of the last 12 months. The shares increased approximately by 8.30% in the 7-day charts and went down by 48.41% in the period of the last 30 days. Common stock shares were driven by 71.04% during last recorded quarter.