Global Updates

Mcewen Mining Inc (NYSE:MUX) Value Score to Watch

Mcewen Mining Inc (NYSE:MUX) shares traded -2.86% down during most recent session to reach at the closing price of $2.72. The stock exchanged hands 3.1 Million shares versus average trading capacity of 4.32 Million shares, yielding a market cap of $848.64 Million. Wall Street analysts covering the stock are projecting that the stock will reach $5 within the next 52-weeks. The mean target projections are based on 1 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Mcewen Mining Inc (NYSE:MUX) high price target of $5 and with a conservative view have low price target of $5.

H.C. Wainwright “Assumes” Mcewen Mining Inc (NYSE:MUX) in a research note issued to investors on 6/29/15 to Buy with price target of $1.3.

Additionally on 4/20/15 H.C. Wainwright “Initiates Coverage on” Mcewen Mining Inc (NYSE:MUX) to Buy setting price target at $ and on 6/12/13 Stifel Nicolaus “Maintained” the stock to Buy at $2.8. Furthermore on 2/08/13 Stifel Nicolaus “Initiates Coverage on” the stock to Buy at $3.8.

On the other hand the company has Relative Strength Index (RSI 14) of 39.72 along with Average True Range (ATR 14) of 0.15, Consequently Mcewen Mining Inc (NYSE:MUX)’s weekly and monthly volatility is 5.35%, 4.86% respectively. The company’s beta value is at -1.03.

In terms of Buy, Sell or Hold recommendations, Mcewen Mining Inc (NYSE:MUX) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Currently Mcewen Mining Inc (NYSE:MUX)’s shares owned by insiders are 25.21%, whereas shares owned by institutional owners are 32.2%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -11.82%.

Mcewen Mining Inc (NYSE:MUX) 52-week high price stands at $4.92 and low price stands at $2.09, its price distance from 52-week high is -44.72% while its distance from 52-week low price is 30.14%. The stock hit its 52-week high on 07/11/16, and 52-week low on 05/31/16.

Mcewen Mining Inc (NYSE:MUX)’s trailing twelve month revenues are $54 Million, whereas its price to sales ratio for the same period is 15.93. Its book value per share for the most recent quarter is $1.48 while its price to book ratio for the same period is 1.84, as for as the company’s cash per share for the most recent quarter is $0.14, however its price to cash per share ratio for the same period is 19.46. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 160.

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