McEwen Mining (MUX) Earns Daily News Sentiment Score of 0.10
Press coverage about McEwen Mining (NYSE:MUX) (TSE:MUX) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. McEwen Mining earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 45.6745018472278 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Rio Tinto plc (RTP) & McEwen Mining (MUX) Financial Review (americanbankingnews.com)
- Head-To-Head Contrast: McEwen Mining (MUX) vs. Gold Resource (GORO) (americanbankingnews.com)
- McEwen Mining Inc. (NYSE:MUX) Sees Unusual Trading Volume in Its Shares – First News 24 (firstnewspaper24.com)
- McEwen Mining’s Offering of New Ordinary Shares Closes Today – Nasdaq (nasdaq.com)
McEwen Mining (MUX) traded down 2.99% during trading on Friday, reaching $1.95. The company had a trading volume of 3,096,102 shares. McEwen Mining has a 12 month low of $1.95 and a 12 month high of $4.43. The stock has a 50 day moving average price of $2.46 and a 200 day moving average price of $2.75. The firm’s market capitalization is $608.94 million.
Several analysts have recently issued reports on the company. BidaskClub downgraded McEwen Mining from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 6th. Zacks Investment Research downgraded McEwen Mining from a “hold” rating to a “sell” rating in a research report on Friday, July 21st. TheStreet upgraded McEwen Mining from a “d+” rating to a “c” rating in a research report on Friday, June 16th. ValuEngine downgraded McEwen Mining from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th. Finally, HC Wainwright reiterated a “buy” rating and set a $5.00 target price on shares of McEwen Mining in a research report on Tuesday, July 18th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $4.25.
McEwen Mining Company Profile
McEwen Mining Inc is a mining and minerals production and exploration company. The Company is focused on precious and base metals in Argentina, Mexico and the United States. The Company’s segments include Mexico, Minera Santa Cruz SA (MSC), Nevada and Los Azules. The Mexico Operations segment includes properties, such as El Gallo 1 mine and the El Gallo 2 project.
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