McEwen Mining Inc’s recent filing unveils 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 $19171.15.
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 $6300.89.
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 Friday, McEwen Mining Inc [NYSE:MUX] saw its stock jump 1.45% to $8.39. Over the last five days, the stock has gained 0.24%. McEwen Mining Inc shares have risen nearly 7.84% since the year began. Nevertheless, the stocks have risen 28.88% over the past one year. While a 52-week high of $12.50 was reached on 01/10/25, a 52-week low of $5.92 was recorded on 01/13/25. SMA at 50 days reached $8.38, while 200 days put it at $9.65.
Levels Of Support And Resistance For MUX Stock
The 24-hour chart illustrates a support level at 8.14, which if violated will result in even more drops to 7.89. On the upside, there is a resistance level at 8.58. A further resistance level may holdings at 8.77. The Relative Strength Index (RSI) on the 14-day chart is 52.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.63%. Stochastics %K at 77.88% indicates the stock is a holding.
How much short interest is there in McEwen Mining Inc?
A steep rise in short interest was recorded in McEwen Mining Inc stocks on 2024-12-31, dropping by -0.24 million shares to a total of 1.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.33 million shares. There was a decline of -21.58%, 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.
