McEwen Mining Inc (NYSE:MUX) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 8, 2016
Zacks Investment Research has downgraded McEwen Mining Inc (NYSE:MUX) to Hold in a statement released on 10/06/2016.
On 3/14/2016, Rodman & Renshaw released a statement about McEwen Mining Inc (NYSE:MUX) upped the target price from $1.30 to $2.40 that suggested an upside of 0.26%.
Having a price of $3.30, McEwen Mining Inc (NYSE:MUX) traded 4.85% higher on the day. With the last stock price down -1.98% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MUX has recorded a 50-day average of $3.76 and a two hundred day average of $3.31. Trade Volume was up over the average, with 5,693,802 shares of MUX changing hands over the typical 4,403,290
Recent Performance Chart
McEwen Mining Inc has PE ratio of 108.00 with a one year low of $0.79 and a one year high of $4.92 and has a market capitalization of $0.
General Company Details For McEwen Mining Inc (NYSE:MUX)
McEwen Mining Inc. is a mining and minerals exploration company. The Company is focused on precious and base metals in Argentina, Mexico and the United States. Its segments include Mexico, Argentina and the United States. It classifies its mineral properties into Production Properties, Advanced-Stage Properties and Exploration Properties. It owns El Gallo 1 gold mine in Sinaloa, Mexico and holds interest in Minera Santa Cruz S.A. (MSC), owner and operator of the producing San Jose mine in Santa Cruz, Argentina. In addition to its operating properties, it also holds interests in exploration-stage properties and projects in Argentina, Mexico and the United States, including the Gold Bar (Gold Bar) and Los Azules (Los Azules) projects. Its Nevada exploration properties include within Gold Bar Complex, Tonkin Complex, Limo Complex and Battle Mountain Complex. It produces approximately 110,320 gold ounces and over 3,315,670 silver ounces for approximately 154,530 gold equivalent ounces.
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