McEwen Mining (TSE:MUX) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

McEwen Mining Inc (TSE:MUX) (NYSE:MUX)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$33.69 and traded as high as C$34.57. McEwen Mining shares last traded at C$33.85, with a volume of 44,029 shares traded.

McEwen Mining Stock Down 3.5%

The company has a quick ratio of 1.00, a current ratio of 2.10 and a debt-to-equity ratio of 26.14. The company has a market capitalization of C$2.00 billion, a PE ratio of -147.17 and a beta of 1.69. The company’s 50 day moving average is C$33.69 and its two-hundred day moving average is C$27.30.

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. 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.