McEwen Mining Inc (NYSE:MUX) Director Michele L. Ashby bought 10,000 shares of the business’s stock in a transaction dated Thursday, December 31st. The shares were purchased at an average cost of $1.06 per share, with a total value of $10,600.00. Following the completion of the acquisition, the director now owns 52,500 shares in the company, valued at $55,650. The acquisition was disclosed in a document filed with the Securities Exchange Commission, which is available through the SEC website.
Today’s Trading
Shares of McEwen Mining Inc (NYSE:MUX) traded up 0.84% on Thursday, hitting $1.20. 547,637 shares of the stock traded hands. The company’s market cap is $360.64 million. The firm’s 50 day moving average is $0.98 and its 200-day moving average is $0.89. McEwen Mining Inc has a 12 month low of $0.65 and a 12 month high of $1.40.
Analyst Ratings
Separately, Zacks Investment Research raised shares of McEwen Mining from a “sell” rating to a “hold” rating in a research report on Saturday, November 28th.
McEwen Mining Company Profile
McEwen Mining Inc. is a mining and minerals exploration company. The Company is focused on precious and base metals in Argentina, Mexico and the United States. Its operating segments include Argentina, Mexico and the United States. It has a land position consisting of mining claims, leases of mining claims or concessions of around 814 square miles in Argentina, 697 square miles in Mexico and 241 square miles in Nevada. It holds around 49% interest in Minera Santa Cruz S.A. (NYSE:MUX), owner and operator of the producing San Jose mine in Santa Cruz, Argentina, which is controlled by the majority owner of the joint venture, Hochschild Mining plc (Hochschild). It also owns the El Gallo 1 gold mine in Sinaloa, Mexico. In addition to its operating properties, it also holds interests in numerous exploration stage properties and projects in Argentina, Mexico and the United States, including the Gold Bar (Gold Bar) and Los Azules (Los Azules) projects.
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