McEwen Mining Inc (TSE:MUX – Get Rating) (NYSE:MUX)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$7.87 and traded as high as C$9.13. McEwen Mining shares last traded at C$9.05, with a volume of 46,120 shares changing hands.
McEwen Mining Trading Up 3.9 %
The company has a quick ratio of 1.00, a current ratio of 1.66 and a debt-to-equity ratio of 16.61. The business has a fifty day simple moving average of C$7.87 and a 200 day simple moving average of C$5.25. The company has a market cap of C$429.22 million and a price-to-earnings ratio of -50.56.
McEwen Mining (TSE:MUX – Get Rating) (NYSE:MUX) last announced its quarterly earnings results on Friday, November 4th. The company reported C($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.47) by C$0.20. The firm had revenue of C$33.91 million during the quarter, compared to analysts’ expectations of C$38.22 million. On average, equities analysts anticipate that McEwen Mining Inc will post 0.14 EPS for the current fiscal year.
About McEwen Mining
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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