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 $15332.35.
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 $5039.21.
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 fall -9.20% to $6.71. Over the last five days, the stock has lost -12.86%. McEwen Mining Inc shares have fallen nearly -13.75% since the year began. Nevertheless, the stocks have fallen -39.44% over the past one year. While a 52-week high of $12.50 was reached on 02/05/25, a 52-week low of $6.46 was recorded on 03/04/25. SMA at 50 days reached $7.62, while 200 days put it at $8.71.
Levels Of Support And Resistance For MUX Stock
The 24-hour chart illustrates a support level at 6.48, which if violated will result in even more drops to 6.25. On the upside, there is a resistance level at 7.06. A further resistance level may holdings at 7.40. The Relative Strength Index (RSI) on the 14-day chart is 34.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.02%. Stochastics %K at 19.04% 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 2025-03-14, growing by 0.44 million shares to a total of 5.33 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.89 million shares. There was a rise of 8.25%, which implies that there is a positive 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.
