McEwen Mining (TSE:MUX) Reaches New 1-Year High at $13.41

Shares of McEwen Mining Inc (TSE:MUX) (NYSE:MUX) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$13.41 and last traded at C$13.33, with a volume of 13897 shares changing hands. The stock had previously closed at C$13.07.

McEwen Mining Stock Up 2.2 %

The stock has a market capitalization of C$660.52 million, a PE ratio of 8.38 and a beta of 1.46. The company has a quick ratio of 1.00, a current ratio of 1.75 and a debt-to-equity ratio of 8.25. The company’s fifty day moving average price is C$9.80 and its 200-day moving average price is C$9.69.

McEwen Mining (TSE:MUX) (NYSE:MUX) last posted its earnings results on Thursday, February 29th. The company reported C$3.95 EPS for the quarter, topping analysts’ consensus estimates of C($0.43) by C$4.38. McEwen Mining had a net margin of 33.27% and a return on equity of 7.73%. The business had revenue of C$79.89 million during the quarter, compared to the consensus estimate of C$71.55 million. Analysts forecast that McEwen Mining Inc will post 0.0586045 earnings per share for the current 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.