McEwen Mining (TSE:MUX) Given a C$20.00 Price Target by National Bankshares Analysts

McEwen Mining (TSE:MUX) (NYSE:MUX) has been assigned a C$20.00 target price by research analysts at National Bankshares in a report issued on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 92.49% from the company’s previous close.

McEwen Mining Trading Down 2.4 %

McEwen Mining stock opened at C$10.39 on Wednesday. The company has a debt-to-equity ratio of 8.46, a quick ratio of 1.00 and a current ratio of 1.17. The stock has a market cap of C$392.74 million, a PE ratio of 3.74 and a beta of 1.45. The stock has a 50-day moving average of C$10.62 and a two-hundred day moving average of C$11.59. McEwen Mining has a one year low of C$9.13 and a one year high of C$17.01.

McEwen Mining Company Profile

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.