Mcewen Mining Stock Price on November 23, 2024
| MUX Stock | USD 8.34 0.02 0.24% |
Below is the normalized historical share price chart for McEwen Mining extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of McEwen Mining stands at 8.34, as last reported on the 3rd of December, with the highest price reaching 8.41 and the lowest price hitting 8.18 during the day.
If you're considering investing in McEwen Stock, it is important to understand the factors that can impact its price. At this stage we consider McEwen Stock to be somewhat reliable. McEwen Mining has Sharpe Ratio of 0.0111, which conveys that the firm had a 0.0111% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for McEwen Mining, which you can use to evaluate the volatility of the firm. Please verify McEwen Mining's mean deviation of 2.32, and Risk Adjusted Performance of (0.02) to check out if the risk estimate we provide is consistent with the expected return of 0.0339%.
At this time, McEwen Mining's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 49.9 M in 2024, whereas Common Stock is likely to drop slightly above 1.7 B in 2024. . Price Earnings Ratio is likely to rise to 6.51 in 2024, whereas Price To Sales Ratio is likely to drop 1.96 in 2024. McEwen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of May 1980 | 200 Day MA 9.5917 | 50 Day MA 9.4162 | Beta 1.438 |
McEwen |
Sharpe Ratio = 0.0111
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| Negative Returns | MUX |
Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average McEwen Mining is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of McEwen Mining by adding McEwen Mining to a well-diversified portfolio.
Price Book 0.8791 | Enterprise Value Ebitda 15.473 | Price Sales 2.211 | Shares Float 44.6 M | Wall Street Target Price 14.4375 |
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McEwen Mining Valuation on November 23, 2024
It is possible to determine the worth of McEwen Mining on a given historical date. On November 23, 2024 McEwen was worth 8.6 at the beginning of the trading date compared to the closed value of 8.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McEwen Mining stock. Still, in general, we apply an absolute valuation method to find McEwen Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of McEwen Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McEwen Mining's related companies.
| Open | High | Low | Close | Volume | |
| 8.50 | 8.60 | 8.32 | 8.52 | 497,531 | |
11/22/2024 | 8.60 | 8.61 | 8.35 | 8.38 | 480,581 |
| 8.21 | 8.24 | 7.90 | 8.21 | 634,538 |
| Backtest McEwen Mining | | | McEwen Mining History | | | McEwen Mining Valuation | Previous | Next |
McEwen Mining Trading Date Momentum on November 23, 2024
| On November 25 2024 McEwen Mining was traded for 8.21 at the closing time. Highest McEwen Mining's price during the trading hours was 8.24 and the lowest price during the day was 7.90 . The net volume was 634.5 K. The overall trading history on the 25th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.03% . The trading delta at closing time to current price is 0.95% . |
McEwen Mining Fundamentals Correlations and Trends
By evaluating McEwen Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among McEwen Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McEwen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About McEwen Mining Stock history
McEwen Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for McEwen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McEwen Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing McEwen Mining stock prices may prove useful in developing a viable investing in McEwen Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.5 M | 49.9 M | |
| Net Loss | -93.2 M | -97.9 M |
McEwen Mining Stock Technical Analysis
McEwen Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
McEwen Mining Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
McEwen Mining cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
McEwen Mining December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how McEwen Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McEwen Mining shares will generate the highest return on investment. By undertsting and applying McEwen Mining stock market strength indicators, traders can identify McEwen Mining entry and exit signals to maximize returns
McEwen Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for McEwen Mining's price direction in advance. Along with the technical and fundamental analysis of McEwen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of McEwen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.19) |
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Additional Tools for McEwen Stock Analysis
When running McEwen Mining's price analysis, check to measure McEwen Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McEwen Mining is operating at the current time. Most of McEwen Mining's value examination focuses on studying past and present price action to predict the probability of McEwen Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McEwen Mining's price. Additionally, you may evaluate how the addition of McEwen Mining to your portfolios can decrease your overall portfolio volatility.