At the time of writing, McEwen Inc [MUX] stock is trading at $10.78, up 1.51%. An important factor to consider is whether the stock is rising or falling in short-term value. The MUX shares have gain 5.79% over the last week, with a monthly amount glided 0.37%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, B. Riley FBR started tracking the stock with Buy rating on September 10, 2019, and set its price target to $4.20. On December 11, 2017, ROTH Capital initiated with a Buy rating and assigned a price target of $3.25 on the stock. H.C. Wainwright initiated its recommendation with a Buy and recommended $1.25 as its price target on April 20, 2015. Stifel Nicolaus started tracking with a Buy rating for this stock on February 08, 2013, and assigned it a price target of $3.75.
For the past year, the stock price of McEwen Inc fluctuated between $6.38 and $11.80. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. McEwen Inc [NYSE: MUX] shares were valued at $10.78 at the most recent close of the market. An investor can expect a potential return of 39.15% based on the average MUX price forecast.
Analyzing the MUX fundamentals
According to McEwen Inc [NYSE:MUX], the company’s sales were 168.94M for trailing twelve months, which represents an -13.42% plunge. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.06 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that McEwen Inc [NYSE:MUX] has a current ratio of 2.35. On the other hand, the Quick Ratio is 1.89, and the Cash Ratio is 1.51. Considering the valuation of this stock, the price to sales ratio is 3.44, the price to book ratio is 1.21.
Transactions by insiders
Recent insider trading involved Darveau-Garneau Nicolas, Director, that happened on Dec 06 ’24 when 2285.0 shares were purchased.
