Active Broker’s Choice: McEwen Mining Inc. (NYSE:MUX), Sandstorm Gold Ltd. (NYSE:SAND)

McEwen Mining Inc. (NYSE:MUX) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 10.74% to close at $3.30 with the total traded volume of 6.81 Million shares. Finally to see some strong financial remarks by WSJ over MUX performance. Out of the pool of analysts 1 gave their BUY ratings on the stock in previous month as 1 analyst having BUY in current month. Majority ranked Buy from the pool of analysts.

EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $0.14 and for the one month was for $0.14 as compared to three months ago was for $0.13. Whereas, MUX received highest price target of 5 and low target of 5. The stock price target chart showed average price target of 5 as compared to current price of 3.30.

The firm has institutional ownership of 39.40%, while insider ownership included 0.20%. Its price to sales ratio ended at 16.19. MUX attains analyst recommendation of 2 with week performance of 20.44%.

Sandstorm Gold Ltd. (NYSE:SAND) [Trend Analysis] surged reacts as active mover, shares a gain 9.55% to traded at $4.13 and the percentage gap between open changing to regular change was 1.33%. Finally, analysts shed their light over the SAND price targets; maintaining price high target of 9.25 while at average the price target was 7.87 in contrast with the current price of 4.13. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 4 analysts recommending BUY ratings for current month and for previous month 4 stands on similar situation; while 2 for the current month as compared to 2 analysts recommending for HOLD from the pool for previous month. While 2 stands at overweight. For the overall, consensus ratings were for Overweight.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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