McEwen Mining Inc (TSE:MUX – Get Free Report) (NYSE:MUX) shares dropped 1.4% on Tuesday . The stock traded as low as C$12.10 and last traded at C$12.14. Approximately 9,000 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 34,209 shares. The stock had previously closed at C$12.31.
McEwen Mining Trading Down 1.4 %
The stock has a market capitalization of C$643.30 million, a price-to-earnings ratio of 4.78 and a beta of 1.45. The company has a current ratio of 1.68, a quick ratio of 1.00 and a debt-to-equity ratio of 8.53. The company has a fifty day moving average of C$12.89 and a two-hundred day moving average of C$13.03.
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.
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