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McEwen Mining (TSE:MUX) Stock Crosses Above Fifty Day Moving Average - Should You Sell?

McEwen Mining logo with Basic Materials background

McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX's share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$10.57 and traded as high as C$11.51. McEwen Mining shares last traded at C$11.46, with a volume of 28,467 shares traded.

McEwen Mining Price Performance

The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 8.46. The stock has a market cap of C$417.31 million, a PE ratio of 3.98 and a beta of 1.45. The business's 50-day simple moving average is C$10.61 and its 200-day simple moving average is C$11.75.

About McEwen Mining

(Get Free Report)

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.

Further Reading

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