{"id":7430,"date":"2013-06-10T03:32:01","date_gmt":"2013-06-10T07:32:01","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=7430"},"modified":"2013-06-10T03:32:01","modified_gmt":"2013-06-10T07:32:01","slug":"mcewen-mining-inc-nysemux-shares-declining-to-new-low-levels","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/mcewen-mining-inc-nysemux-shares-declining-to-new-low-levels-7430","title":{"rendered":"McEwen Mining Inc (NYSE:MUX) shares declining to new low levels"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 06\/10\/2013 (wallstreetpr) &#8211;\u00a0The share prices of McEwen Mining Inc (NYSE:MUX) had declined by 8.61 percent to close at $2.44 per share for the end of last trading session on Friday. The shares of the company had been trading in the range of $2.39 to $2.61 per share during the day. Though the shares of McEwen Mining Inc (NYSE:MUX) had surged from their 52 week low price level of $1.67 per share, it proves to be long way to go before reaching the 52 week high price level of $4.94 per share.<\/p>\n<p style=\"text-align: justify;\">McEwen Mining Inc (NYSE:MUX) is primarily engaged in the acquisition, exploration and production of precious metals in the regions of United States, Mexico and Argentina. The company was previously known as the US Gold Corporation. The company generates its revenue through the holding interests in the mining properties located at Navada, Mexico and Argentina which are either in the development or in the exploration stage. Further, McEwen Mining Inc (NYSE:MUX) also holds 49 percent equity interest in the gold silver San Jose Mine in the Santa Cruz Province, Argentina.<\/p>\n<p style=\"text-align: justify;\">The shares of McEwen Mining Inc (NYSE:MUX) had been declining to new low levels in the recent days with heavy trading volumes. The shares of the company witnessed the trade of 2.53 million shares on Friday, while the average trading volume of McEwen Mining Inc (NYSE:MUX) is at 3.12 million shares per day. The company presently holds 297.09 million shares outstanding in the market with an institutional ownership in the company at 35 percent of its holdings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 06\/10\/2013 (wallstreetpr) &#8211;\u00a0The share prices of McEwen Mining Inc (NYSE:MUX) had declined by 8.61 percent to close at $2.44 per share for the [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":7431,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[252],"tags":[2556,2557],"stock_ticker":[],"class_list":["post-7430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mining","tag-mcewen-mining-inc-nysemux","tag-nysemux","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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