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McEwen Mining (TSE:MUX) Shares Cross Below Two Hundred Day Moving Average of $13.63

McEwen Mining logo with Basic Materials background

McEwen Mining Inc (TSE:MUX - Get Free Report) NYSE: MUX's stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$13.63 and traded as low as C$12.91. McEwen Mining shares last traded at C$12.91, with a volume of 37,132 shares trading hands.

McEwen Mining Stock Up 6.1 %

The company has a quick ratio of 1.00, a current ratio of 1.68 and a debt-to-equity ratio of 8.53. The firm has a 50 day simple moving average of C$12.34 and a 200-day simple moving average of C$13.63. The stock has a market cap of C$725.96 million, a P/E ratio of 5.51 and a beta of 1.45.

McEwen Mining (TSE:MUX - Get Free Report) NYSE: MUX last released its quarterly earnings data on Wednesday, August 7th. The company reported C($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.30) by C($0.06). The business had revenue of C$64.96 million during the quarter, compared to the consensus estimate of C$60.14 million. McEwen Mining had a net margin of 46.63% and a return on equity of 16.78%. On average, equities research analysts forecast that McEwen Mining Inc will post 0.0605645 earnings per share for the current fiscal year.

McEwen Mining Company Profile

(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.

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