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McEwen Mining (MUX) Catches Eye: Stock Moves 8.1% Higher

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McEwen Mining Inc. (MUX - Free Report) was a big mover last session, as the company saw its shares rise over 8% on the day. Gold prices hit a four-week high yesterday. As a result, volume was solid, with far more shares changing hands than in a normal session. This continues the recent uptrend for the company since Jun 2, as the stock is now up 47.22%.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

McEwen Mining currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Another favorably placed stock in the same industry is Teck Resources Limited , sporting a Zacks Rank #1 (Strong Buy).

Is MUX going up? Or down? Predict to see what others think: Up or Down

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