The mean of analysts' price targets for McEwen Mining (MUX) points to a 26.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
McEwen Mining (MUX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
McEwen Mining Inc. ( NYSE:MUX ) shareholders should be happy to see the share price up 27% in the last month. But that...