Roth Capital Reiterates “Buy” Rating for McEwen Mining (MUX)
McEwen Mining (TSE:MUX) (NYSE:MUX)‘s stock had its “buy” rating reissued by equities researchers at Roth Capital in a research note issued on Sunday. They presently have a C$3.25 price target on the stock. Roth Capital’s price target would suggest a potential upside of 25.48% from the company’s current price.
Separately, HC Wainwright reissued a “buy” rating on shares of McEwen Mining in a report on Wednesday, October 11th.
McEwen Mining (MUX) traded up C$0.20 on Friday, hitting C$2.59. 593,703 shares of the company were exchanged, compared to its average volume of 393,290. McEwen Mining has a one year low of C$2.33 and a one year high of C$5.83.
McEwen Mining Company Profile
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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