McEwen Mining Inc’s recently made public that its Director Darveau-Garneau Nicolas acquired Company’s shares for reported $19114.0 on Dec 06 ’24. In the deal valued at $8.37 per share,2,285 shares were bought. As a result of this transaction, Darveau-Garneau Nicolas now holds 2,285 shares worth roughly $17388.850000000002.
Then, Diges Carmen L sold 17,066 shares, generating $161,103 in total proceeds. Upon selling the shares at $9.44, the General Counsel/Corp Sec now owns 10,982 shares.
Before that, Spears Stephan Michael sold 2,503 shares. McEwen Mining Inc shares valued at $24,529 were divested by the VP Corporate Development at a price of $9.80 per share. As a result of the transaction, Spears Stephan Michael now holds 751 shares, worth roughly $5715.110000000001.
A number of analysts have revised their coverage, including B. Riley FBR’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. ROTH Capital began covering MUX with “Buy” recommendation on December 11, 2017.
Price Performance Review of MUX
On Monday, McEwen Mining Inc [NYSE:MUX] saw its stock fall -3.91% to $7.61. Over the last five days, the stock has lost -4.64%. McEwen Mining Inc shares have risen nearly 5.55% since the year began. Nevertheless, the stocks have risen 3.54% over the past one year. While a 52-week high of $12.50 was reached on 04/26/24, a 52-week low of $5.92 was recorded on 02/28/24. SMA at 50 days reached $8.88, while 200 days put it at $9.72.
Levels Of Support And Resistance For MUX Stock
The 24-hour chart illustrates a support level at 7.49, which if violated will result in even more drops to 7.37. On the upside, there is a resistance level at 7.77. A further resistance level may holdings at 7.94. The Relative Strength Index (RSI) on the 14-day chart is 36.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.12%. Stochastics %K at 11.67% indicates the stock is a buying.
How much short interest is there in McEwen Mining Inc?
A steep rise in short interest was recorded in McEwen Mining Inc stocks on 2024-12-13, dropping by 22525.0 shares to a total of 1.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.07 million shares. There was a decline of -2.14%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 20, 2015 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $1.25 price target.
