There Is A Quest For Clarity Surrounding McEwen Mining Inc (NYSE: MUX) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Other Precious Metals & Mining industry segment, falling under the Basic Materials sector. The current market capitalization of McEwen Mining Inc is $429.28M. A total of 0.92 million shares were traded on the day, compared to an average of 985.24K shares.

In the most recent transaction, Darveau-Garneau Nicolas bought 2,285 shares of MUX for 8.37 per share on Dec 06 ’24. After the transaction, the Director now owns 2,285 company shares. In a previous transaction on Jun 21 ’24, Diges Carmen L sold 17,066 shares at 9.44 per share. MUX shares that General Counsel/Corp Sec owns now total 10,982.

Among the insiders who sold shares, Spears Stephan Michael disposed of 2,503 shares on Jun 18 ’24 at a per-share price of $9.80. This resulted in the VP Corporate Development holding 751 shares of MUX after the transaction. In another insider transaction, Ing Perry sold 23,332 shares at $9.76 per share on Jun 18 ’24. Company shares held by the Chief Financial Officer now total 15,551.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MUX has a high of $12.50 and a low of $6.38.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MUX’s latest balance sheet shows that the firm has $55.93M in Cash & Short Term Investments as of fiscal 2021. There were $53.28M in debt and $52.40M in liabilities at the time. Its Book Value Per Share was $9.33, while its Total Shareholder’s Equity was $389.94M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MUX is Buy with a score of 5.00.

Most Popular

Related Posts