McEwen Mining Inc (TSE:MUX – Get Free Report) (NYSE:MUX)’s share price passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$26.74 and traded as low as C$25.22. McEwen Mining shares last traded at C$25.63, with a volume of 29,346 shares.
McEwen Mining Trading Up 1.2%
The company’s fifty day moving average price is C$26.75 and its two-hundred day moving average price is C$27.84. The company has a quick ratio of 1.00, a current ratio of 2.04 and a debt-to-equity ratio of 19.02. The company has a market cap of C$1.50 billion, a price-to-earnings ratio of 19.44 and a beta of 2.22.
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. It also owns interests in the Fuller, Davidson-Tisdale, Buffalo Ankerite, and Paymaster exploration properties located in Canada; and a 49% interest in the San José mine located in Argentina.
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