Price Target Analysis of McEwen Mining Inc. (MUX)

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McEwen Mining Inc. (MUX) belonging to the Basic Materials sector has declined -7.51% and closed its last trading session at $3.08.

The company reported its EPS on 03/02/2017. Currently, the stock has a 1 Year Price Target of $5.

The consensus recommendation, according to Zacks Investment research, is 1. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 1 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1 and 1 respectively.

Analysts are also projecting an Average Revenue Estimate for McEwen Mining Inc. as $72.5 Million in the Current Quarter. This estimate is provided by 1 analysts.

The High Revenue estimate is predicted as 72.5 Million, while the Low Revenue Estimate prediction stands at 72.5 Million. The company’s last year sales total was 60.39 Million.

The Company got Initiated by H.C. Wainwright on 20-Apr-15 to Buy.

Insider Trades for McEwen Mining Inc. show that the latest trade was made on 14 Dec 2016 where Brissenden (Richard William), the Director completed a transaction type “Sell” in which 5000 shares were traded at a price of $2.75.

Over the period of 6 months, Insider Purchases show a total of 5 transaction in which 132740 shares were traded.

1 analysts projected Price Targets for McEwen Mining Inc.. The analysts believe that the company stock price could grow as high as $5. The Low Price target projection by analysts is $5 and the Mean Price Target is $5.

McEwen Mining Inc. (MUX) has the market capitalization of $922.71 Million. The company rocked its 52-Week High of $4.92 on Jul 11, 2016 and touched its 52-Week Low of $1.8 on Apr 1, 2016.

The stock has Return on Assets (ROA) of 4.3 percent. Return on Equity (ROE) stands at 4.8% and Return on Investment (ROI) of 4.1 percent.

The stock is currently showing YTD performance of 5.98 Percent. The company has Beta Value of -0.34 and ATR value of 0.26. The Weekly and Monthly Volatility stands at 11.50% and 8.03%.