Will McEwen Mining Inc Short Squeeze Soon?

 Will McEwen Mining Inc Short Squeeze Soon?

The stock of McEwen Mining Inc (TSE:MUX) is a huge mover today! About 54,403 shares traded hands. McEwen Mining Inc (TSE:MUX) has risen 24.32% since April 20, 2016 and is uptrending. It has outperformed by 18.92% the S&P500.
The move comes after 8 months negative chart setup for the $1.10B company. It was reported on Nov, 24 by Barchart.com. We have $3.38 PT which if reached, will make TSE:MUX worth $77.00M less.

McEwen Mining Inc. is a mining and minerals exploration company. The company has a market cap of $1.10 billion. The Firm is focused on precious and base metals in Argentina, Mexico and the United States. It has a 68.49 P/E ratio. The Company’s divisions include Mexico, Argentina and the United States.

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