The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 31.90%. However, over the past six months, we’ve seen a stronger performance of -18.09%. The price of MUX fallen by 2.26% over the last 30 days. And in the last five days, it has fallen by -11.12%.
The market performance of McEwen Mining Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $12.50 on 04/26/24, while the lowest value for the same duration was $5.92 on 02/28/24.
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52-week price history of MUX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. McEwen Mining Inc’s current trading price is -23.92% away from its 52-week high, while its distance from the 52-week low is 60.64%. The stock’s price range during this period has varied between$5.92 and $12.50. The McEwen Mining Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 0.66 million for the day, a figure considerably higher than their average daily volume of 0.57 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
McEwen Mining Inc (MUX) has experienced a quarterly rise of 10.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 503.89M and boasts a workforce of 575 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.49, with a change in price of -1.24. Similarly, McEwen Mining Inc recorded 564,104 in trading volume during the last 100 days, posting a change of -11.53%.
MUX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MUX stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.07.
MUX Stock Stochastic Average
As of today, McEwen Mining Inc’s raw stochastic average for the last 50 days stands at 41.80%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 15.70%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 41.48% and 50.56%, respectively.
