McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$13.00 and traded as high as C$14.92. McEwen Mining shares last traded at C$14.40, with a volume of 27,196 shares trading hands.
McEwen Mining Price Performance
The firm has a market cap of C$763.06 million, a P/E ratio of 5.67 and a beta of 1.45. The company has a debt-to-equity ratio of 8.53, a current ratio of 1.68 and a quick ratio of 1.00. The firm's 50 day moving average is C$13.00 and its 200 day moving average is C$13.74.
McEwen Mining (TSE:MUX - Get Free Report) NYSE: MUX last issued its quarterly earnings results on Wednesday, August 7th. The company reported C($0.36) EPS for the quarter, missing analysts' consensus estimates of C($0.30) by C($0.06). The company had revenue of C$64.96 million during the quarter, compared to the consensus estimate of C$60.14 million. McEwen Mining had a return on equity of 16.78% and a net margin of 46.63%. As a group, analysts anticipate that McEwen Mining Inc will post 0.0677185 earnings per share for the current year.
McEwen Mining Company Profile
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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.
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