McEwen Mining shooting for S&P 500 in 2-3 years, CEO says

Reuters
Reuters
Author

13 May, 2017

EPS is the portion of a company's profit allocated to each exceptional share of common stock.

ROA ratio indicates how profitable a company is relative to its total assets.

Let's have a look at some of the important valuation ratios of the McEwen Mining Inc. It is usually expressed as a percentage and is then referred to as the EPS growth rate. (MUX). These ratios are important while doing valuation of the company or the shares of the company.

On Wednesday, Shares of Under Armour Inc (NYSE:UAA), lost -0.98% to $21.18.

Analysts on average have given a price target of $5 to McEwen Mining Inc. The company has total market capitalization of $9.33B and a total of 183.81M outstanding shares.

The volume of the particular stock is the shares bought and sold in a single trading day. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. The Stock now has a Weekly Volatility of 4.82% and Monthly Volatility of 4.83%.

The stock has shown weekly performance of 4.13% and monthly performance stands at 7.35%. The stock's quarterly performance represents pessimistic momentum of -36.45 percent. The stock has a 50 day moving average of $3.06 and a 200-day moving average of $3.30. The company is set at a mean analysts' recommendation of 2.50.

McEwen Mining Inc. (MUX) traded with the volume of 4.19 Million shares while its average 3 months volume is at 4380 shares. McEwen Mining Inc. (MUX) 52 week low value is at $2.09 and its current distance from 52 week low value is 26.62%.

ATR stands at 0.15 while Beta factor of the stock stands at -1.04. (MUX) has the trading volume of 3.07 Million shares with the average trading volume of 4420 shares. The stock has performed -10.81% over the last seven days, -17.24% over the last thirty, and -37.14% over the last three months. Finally, Bank of New York Mellon Corp increased its stake in shares of McEwen Mining by 49.2% in the first quarter. Moving average strategies are also popular and can be tailored to any time frame, suiting both long term investors and short-term traders.

Analyst recommendation for this stock stands at 2.00. Earnings per share serves as an indicator of a company's profitability. Future earnings predictions are perhaps the most essential input when trying to value a company. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The stock has earnings growth of 78.00% yoy and showed a high EPS growth of 16.70% over the past five years. Strong earnings growth is essential to a stock's success and has the greatest impact on its future price performance.


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