Press coverage about McEwen Mining (NYSE:MUX) (TSE:MUX) has been trending positive on Monday, according to Accern. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. McEwen Mining earned a news impact score of 0.27 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 48.4952871630142 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

McEwen Mining (NYSE MUX) opened at 2.58 on Monday. McEwen Mining has a 1-year low of $2.15 and a 1-year high of $4.43. The stock’s market capitalization is $805.67 million. The company has a 50-day moving average price of $2.48 and a 200 day moving average price of $2.77.

Several equities analysts recently weighed in on the company. ValuEngine downgraded McEwen Mining from a “hold” rating to a “sell” rating in a research note on Tuesday, June 13th. Zacks Investment Research downgraded McEwen Mining from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. TheStreet raised McEwen Mining from a “d+” rating to a “c” rating in a research note on Friday, June 16th. BidaskClub downgraded McEwen Mining from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 6th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $5.00 price objective on shares of McEwen Mining in a research note on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $4.25.

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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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