McEwen Mining (TSE:MUX) Earns “Buy” Rating from HC Wainwright

McEwen Mining (TSE:MUX – Get Rating) (NYSE:MUX)‘s stock had its “buy” rating reaffirmed by HC Wainwright in a research note issued to investors on Friday, PriceTargets.com reports.

McEwen Mining Stock Performance

Shares of McEwen Mining stock opened at C$4.52 on Friday. McEwen Mining has a one year low of C$4.15 and a one year high of C$15.40. The company has a market cap of C$214.37 million and a PE ratio of -25.25. The company has a debt-to-equity ratio of 17.74, a quick ratio of 1.17 and a current ratio of 1.61. The business has a 50-day simple moving average of C$1.18 and a 200-day simple moving average of C$1.05.

McEwen Mining (TSE:MUX – Get Rating) (NYSE:MUX) last announced its quarterly earnings data on Tuesday, May 10th. The company reported C($0.05) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). The firm had revenue of C$32.36 million during the quarter, compared to analyst estimates of C$40.34 million. On average, equities research analysts forecast that McEwen Mining will post 0.14 EPS for the current fiscal year.

About McEwen Mining

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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.