MUX Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of McEwen Mining Inc. (TSX: MUX.TO) crossed below their 200 day moving average of $2.73, changing hands as low as $2.66 per share. McEwen Mining Inc. shares are currently trading down about 8.6% on the day. The chart below shows the one year performance of MUX shares, versus its 200 day moving average:

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McEwen Mining Inc. 200 Day Moving Average Chart

Looking at the chart above, MUX's low point in its 52 week range is $1.81 per share, with $4.13 as the 52 week high point — that compares with a last trade of $2.66.

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