Mcewen Mining Inc. (MUX) Files Form 4 Insider Selling : Andrew Louis Elinesky Sells 85,000 Shares

Mcewen Mining Inc. (MUX): Andrew Louis Elinesky , Sr. VP & CFO of Mcewen Mining Inc. sold 85,000 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $0.00 per share for a total value of $0.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 6, 2016, Michele L Ashby (director) purchased 10,000 shares at $1.06 per share price.On Jan 4, 2016, Robert Ross Mcewen (CEO) purchased 233,264 shares at $1.05 per share price.Also, On Dec 18, 2015, Richard W. Brissenden (director) purchased 10,000 shares at $0.98 per share price.On Jun 25, 2015, Leanne M Baker (director) purchased 10,740 shares at $0.95 per share price.

Shares of McEwen Mining Inc (MUX) ended Tuesday, Jun 14, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.31% at $3.18 with 60,71,255 shares getting traded. Post opening the session at $3.23, the shares hit an intraday low of $3.08 and an intraday high of $3.3593 and the price vacillated in this range throughout the day. The company has a market cap of $881 M and the number of outstanding shares has been calculated to be 27,70,44,650 shares. The 52-week high of McEwen Mining Inc is $3.3593 and the 52-week low is $0.65.

McEwen Mining Inc Money Flow Index Chart

McEwen Mining Inc. is a mining and minerals exploration company. The Company is focused on precious and base metals in Argentina Mexico and the United States. Its operating segments include Argentina Mexico and the United States. It has a land position consisting of mining claims leases of mining claims or concessions of around 814 square miles in Argentina 697 square miles in Mexico and 241 square miles in Nevada. It holds around 49% interest in Minera Santa Cruz S.A. (MSC) owner and operator of the producing San Jose mine in Santa Cruz Argentina which is controlled by the majority owner of the joint venture Hochschild Mining plc (Hochschild). It also owns the El Gallo 1 gold mine in Sinaloa Mexico. In addition to its operating properties it also holds interests in numerous exploration stage properties and projects in Argentina Mexico and the United States including the Gold Bar (Gold Bar) and Los Azules (Los Azules) projects.

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