Media headlines about McEwen Mining (NYSE:MUX) (TSE:MUX) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. McEwen Mining earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 45.3935580076804 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.

Here are some of the headlines that may have impacted Accern’s rankings:

Several brokerages have weighed in on MUX. Zacks Investment Research upgraded shares of McEwen Mining from a “sell” rating to a “hold” rating in a research note on Thursday, October 12th. BidaskClub upgraded shares of McEwen Mining from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 12th. HC Wainwright restated a “buy” rating and issued a $5.00 target price on shares of McEwen Mining in a research note on Thursday, November 9th. Finally, Cantor Fitzgerald began coverage on shares of McEwen Mining in a research note on Thursday, October 26th. They issued a “buy” rating for the company. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. McEwen Mining presently has an average rating of “Hold” and a consensus price target of $5.00.

Shares of McEwen Mining (NYSE:MUX) opened at $2.05 on Thursday. McEwen Mining has a one year low of $1.88 and a one year high of $4.43.

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About McEwen Mining

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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