McEwen Mining Inc. (MUX): Report on Beta Factor For MUX

B. Riley FBR announced it was Initiated coverage of McEwen Mining Inc. in a research note on September 10, 2019. The analysts assigned a Buy rating to the stock. ROTH Capital rated the stock as a Buy in a research noted published on December 11, 2017. H.C. Wainwright rated the stock as a Buy in a research note published on June 29, 2015.

MUX Recent Trade

The share price of MUX ascended by $0.1 during the exchanging session on 07/27/20 to exchange at $1.44. McEwen Mining Inc. stock has an exchanging volume of 8.1 million shares, which is high, contrasted with its 3-months average volume of 4.66M shares. Its market capitalization has now reached to $550.74M.

MUX Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, MUX price has rose by 21.01%. In the course of past three months sees the stock go up around 42.57%, while it has gain 27.43% over the past six months and 13.39% since the start of the year.

MUX Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 31.4 billion, which was higher than the gauge of 19.12M made by certain experts. For that equivalent quarter, McEwen Mining Inc. posted -$0.25 earnings per share (EPS) which was underneath the consensus estimate of -$0.01 by -$0.24, which represents to a reduction by -2,400.00%.

MUX Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on McEwen Mining Inc. has seen its stock exchanging -2.70% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +88.24% above its three-month low. A more extensive look sees MUX exchanging -32.71% beneath its 52-week high and 171.70% above from its 52-week low price.

MUX Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 7.43%, while it has a month to month instability of 7.02%. The firm has an ATR (Average True Range) of 0.08 and a beta factor of 0.76.

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