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McEwen Mining (TSE:MUX) Shares Cross Above Fifty Day Moving Average - Here's What Happened

McEwen Mining logo with Basic Materials background

McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX's share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$10.60 and traded as high as C$10.87. McEwen Mining shares last traded at C$10.58, with a volume of 42,178 shares.

McEwen Mining Price Performance

The firm has a 50-day simple moving average of C$10.61 and a 200-day simple moving average of C$11.67. The firm has a market cap of C$400.68 million, a P/E ratio of 3.82 and a beta of 1.45. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 8.46.

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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