McEwen Mining (TSE:MUX) Stock Price Crosses Above 50-Day Moving Average of $1.10

McEwen Mining Inc (TSE:MUXGet Rating) (NYSE:MUX) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.10 and traded as high as C$4.75. McEwen Mining shares last traded at C$4.61, with a volume of 24,501 shares.

McEwen Mining Stock Up 4.5 %

The company has a debt-to-equity ratio of 17.74, a current ratio of 1.61 and a quick ratio of 1.17. The company has a market capitalization of C$218.64 million and a P/E ratio of -25.75. The stock has a 50-day moving average price of C$1.10 and a 200-day moving average price of C$1.03.

McEwen Mining (TSE:MUXGet Rating) (NYSE:MUX) last issued its quarterly earnings data on Tuesday, May 10th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). The firm had revenue of C$32.36 million during the quarter, compared to the consensus estimate of C$40.34 million. On average, research analysts predict that McEwen Mining Inc will post 0.14 EPS for the current fiscal year.

About McEwen Mining

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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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