McEwen Mining Inc. (MUX) Touches $2.07 Formed H&S; SABINA GOLD &amp SILVER CORPORATION ORD (SGSVF) Sellers Increased By 0.15% Their Shorts

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SABINA GOLD &amp SILVER CORPORATION ORD (OTCMKTS:SGSVF) had an increase of 0.15% in short interest. SGSVF’s SI was 472,200 shares in April as released by FINRA. Its up 0.15% from 471,500 shares previously. With 233,700 avg volume, 2 days are for SABINA GOLD &amp SILVER CORPORATION ORD (OTCMKTS:SGSVF)’s short sellers to cover SGSVF’s short positions. The SI to SABINA GOLD &amp SILVER CORPORATION ORD’s float is 0.27%. The stock increased 1.55% or $0.02 during the last trading session, reaching $1.31. About shares traded. Sabina Gold & Silver Corp. (OTCMKTS:SGSVF) has 0.00% since April 30, 2017 and is . It has underperformed by 11.55% the S&P500.

McEwen Mining Inc. (MUX) formed inverse H&S with $2.15 target or 4.00% above today’s $2.07 share price. McEwen Mining Inc. (MUX) has $697.77M valuation. The stock decreased 0.96% or $0.02 during the last trading session, reaching $2.07. About 1.33M shares traded. McEwen Mining Inc. (NYSE:MUX) has declined 33.02% since April 30, 2017 and is downtrending. It has underperformed by 44.57% the S&P500.

Sabina Gold & Silver Corp., a precious metals company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company has market cap of $329.70 million. The firm primarily holds 100% interest in the Back River Gold project located in southwestern Nunavut, Canada; and silver royalty on the Hackett River project located in Nunavut, Canada. It currently has negative earnings. The firm was formerly known as Sabina Silver Corporation and changed its name to Sabina Gold & Silver Corp. in October 2009.

Analysts await McEwen Mining Inc. (NYSE:MUX) to report earnings on May, 3. They expect $0.01 earnings per share, up 150.00% or $0.03 from last year’s $-0.02 per share. MUX’s profit will be $3.37M for 51.75 P/E if the $0.01 EPS becomes a reality.

Among 2 analysts covering McEwen Mining (NYSE:MUX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. McEwen Mining has $500 highest and $3.25 lowest target. $4.13’s average target is 99.52% above currents $2.07 stock price. McEwen Mining had 10 analyst reports since July 18, 2017 according to SRatingsIntel. H.C. Wainwright maintained it with “Buy” rating and $5.0 target in Friday, November 3 report. H.C. Wainwright maintained the shares of MUX in report on Thursday, November 9 with “Buy” rating. The firm has “Buy” rating by H.C. Wainwright given on Thursday, August 3. The stock of McEwen Mining Inc. (NYSE:MUX) earned “Buy” rating by H.C. Wainwright on Tuesday, January 16. The stock has “Buy” rating by H.C. Wainwright on Tuesday, July 18. The stock of McEwen Mining Inc. (NYSE:MUX) earned “Buy” rating by Roth Capital on Tuesday, January 16. The rating was maintained by H.C. Wainwright on Thursday, October 19 with “Buy”. The stock has “Buy” rating by H.C. Wainwright on Friday, August 11. H.C. Wainwright maintained it with “Buy” rating and $5.0 target in Wednesday, October 11 report.

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