Strength Seen in McEwen (MUX): Can Its 9.3% Jump Turn into More Strength?
McEwen Mining(MUX) Zacks Investment Research·2024-04-26 11:46
McEwen (MUX) shares soared 9.3% in the last trading session to close at $11.94. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 13.4% gain over the past four weeks.McEwen Mining has experienced an uptick in its stock value due to the recent surge in gold and silver prices, attributed to the weaker-than-expected U.S. GDP results. The U.S. GDP increased at an annualized rate of 1.6% in the first quarter of 2024, marking its slowest ...