McEwen Mining (TSE:MUX) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

McEwen Mining Inc (TSE:MUXGet Free Report) (NYSE:MUX) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$26.29 and traded as high as C$27.50. McEwen Mining shares last traded at C$27.20, with a volume of 47,551 shares traded.

McEwen Mining Trading Down 0.3%

The business has a 50 day moving average of C$26.28 and a 200-day moving average of C$28.90. The stock has a market cap of C$1.66 billion, a PE ratio of 21.52 and a beta of 2.37. The company has a current ratio of 2.04, a quick ratio of 1.00 and a debt-to-equity ratio of 19.02.

McEwen Mining Company Profile

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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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