McEwen Mining (TSE:MUX) Hits New 1-Year High at $17.08

Shares of McEwen Mining Inc (TSE:MUX) (NYSE:MUX) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$17.08 and last traded at C$17.03, with a volume of 70665 shares changing hands. The stock had previously closed at C$16.31.

McEwen Mining Trading Up 2.7 %

The firm has a market cap of C$828.12 million, a price-to-earnings ratio of 10.53 and a beta of 1.55. The company has a debt-to-equity ratio of 8.25, a current ratio of 1.75 and a quick ratio of 1.00. The firm’s fifty day moving average is C$12.51 and its 200-day moving average is C$10.63.

McEwen Mining (TSE:MUX) (NYSE:MUX) last announced its quarterly earnings data on Thursday, February 29th. The company reported C$3.95 earnings per share for the quarter, beating the consensus estimate of C($0.43) by C$4.38. McEwen Mining had a net margin of 33.27% and a return on equity of 7.73%. The firm had revenue of C$79.89 million for the quarter, compared to analyst estimates of C$71.55 million. Equities analysts anticipate that McEwen Mining Inc will post 0.0794574 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.