McEwen Mining (TSE:MUX) Stock Price Crosses Below Two Hundred Day Moving Average of $13.63

McEwen Mining Inc (TSE:MUX) (NYSE:MUX) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$13.63 and traded as low as C$12.91. McEwen Mining shares last traded at C$12.91, with a volume of 37,132 shares.

McEwen Mining Price Performance

The company has a quick ratio of 1.00, a current ratio of 1.68 and a debt-to-equity ratio of 8.53. The stock has a market capitalization of C$691.52 million, a price-to-earnings ratio of 5.20 and a beta of 1.45. The business’s 50 day simple moving average is C$12.36 and its 200-day simple moving average is C$13.64.

McEwen Mining (TSE:MUX) (NYSE:MUX) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C($0.36) EPS for the quarter, missing the consensus estimate of C($0.30) by C($0.06). The firm had revenue of C$64.96 million for the quarter, compared to analyst estimates of C$60.14 million. McEwen Mining had a net margin of 46.63% and a return on equity of 16.78%. On average, research analysts forecast that McEwen Mining Inc will post 0.0605645 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.