McEwen Mining Inc. with ticker code (MUX) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 10.5 and 9.5 with a mean TP of 10. Now with the previous closing price of 7.18 this now indicates there is a potential upside of 39.3%. The 50 day MA is 5.95 while the 200 day moving average is 4.84. The market capitalisation for the company is $333m. Find out more information at: https://www.mcewenmining.com
The potential market cap would be $464m based on the market concensus.
McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. It primarily owns a 100% interest in the Gold Bar mine in Eureka County, Nevada; the Black Fox gold mine in Ontario, Canada; the El Gallo Project and Fenix silver-gold project in Sinaloa, Mexico; the Los Azules copper deposit in San Juan, Argentina; and a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. It also owns a 49% interest in the San José mine located in Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.
