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McEwen Mining Inc. (MUX) Touches $2.41 Formed H&S; Lowes Companies Has 1.04 Sentiment

LoweÂ’s Companies, Inc. operates as a home improvement firm in the United States, Canada, and Mexico. The company has market cap of $80.08 billion. It offers a line of products for maintenance, repair, remodeling, and decorating. It has a 23.26 P/E ratio. The firm provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal living, lawn and garden, paint, millwork, flooring, kitchens, outdoor power equipment, and home fashions.

McEwen Mining Inc. (MUX) formed inverse H&S with $2.63 target or 9.00% above today’s $2.41 share price. McEwen Mining Inc. (MUX) has $812.29M valuation. The stock increased 1.69% or $0.04 during the last trading session, reaching $2.41. About 4.12M shares traded or 33.77% up from the average. McEwen Mining Inc. (NYSE:MUX) has risen 12.45% since February 16, 2017 and is uptrending. It has underperformed by 4.25% the S&P500.

Analysts await McEwen Mining Inc. (NYSE:MUX) to report earnings on March, 7. They expect $0.01 earnings per share, up 200.00% or $0.02 from last year’s $-0.01 per share. MUX’s profit will be $3.37 million for 60.25 P/E if the $0.01 EPS becomes a reality. After $-0.03 actual earnings per share reported by McEwen Mining Inc. for the previous quarter, Wall Street now forecasts -133.33% EPS growth.

Among 2 analysts covering McEwen Mining (NYSE:MUX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. McEwen Mining had 10 analyst reports since July 18, 2017 according to SRatingsIntel. Roth Capital maintained it with “Buy” rating and $3.25 target in Tuesday, January 16 report. The rating was maintained by H.C. Wainwright on Friday, November 3 with “Buy”. As per Tuesday, July 18, the company rating was maintained by H.C. Wainwright. The stock has “Buy” rating by H.C. Wainwright on Thursday, November 9. H.C. Wainwright maintained McEwen Mining Inc. (NYSE:MUX) on Friday, August 11 with “Buy” rating. On Thursday, October 19 the stock rating was maintained by H.C. Wainwright with “Buy”. H.C. Wainwright maintained it with “Buy” rating and $500 target in Thursday, August 3 report. H.C. Wainwright maintained McEwen Mining Inc. (NYSE:MUX) rating on Wednesday, October 11. H.C. Wainwright has “Buy” rating and $5.0 target. The stock of McEwen Mining Inc. (NYSE:MUX) has “Buy” rating given on Tuesday, January 16 by H.C. Wainwright.

Ratings analysis reveals 25% of Lowe’s’s analysts are positive. Out of 8 Wall Street analysts rating Lowe’s, 2 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $66.0 while the high is $84.0. The stock’s average target of $76.20 is -21.04% below today’s ($96.51) share price. LOW was included in 9 notes of analysts from August 20, 2015. On Monday, February 6 the stock rating was initiated by Bernstein with “Underperform”. Citigroup downgraded the shares of LOW in report on Monday, December 19 to “Neutral” rating. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Neutral” rating by JP Morgan on Wednesday, October 26. On Thursday, August 20 the stock rating was maintained by Argus Research with “Buy”. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Outperform” rating given on Thursday, December 8 by RBC Capital Markets. As per Thursday, November 19, the company rating was maintained by RBC Capital Markets. The company was downgraded on Wednesday, October 26 by Wedbush. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Market Perform” rating given on Thursday, November 17 by Telsey Advisory. The firm has “Neutral” rating given on Monday, October 31 by Piper Jaffray.

Ironsides Asset Advisors Llc holds 34.27% of its portfolio in Lowe's Companies, Inc. for 1.07 million shares. Icm Asset Management Inc Wa owns 153,770 shares or 14.29% of their US portfolio. Moreover, Greenhaven Associates Inc has 8.44% invested in the company for 7.04 million shares. The Australia-based Clenar Muke Llc has invested 7.06% in the stock. Boys Arnold & Co Inc, a North Carolina-based fund reported 480,327 shares.

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on March, 7. They expect $0.86 earnings per share, 0.00% or $0.00 from last year’s $0.86 per share. LOW’s profit will be $713.59 million for 28.06 P/E if the $0.86 EPS becomes a reality. After $1.05 actual earnings per share reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts -18.10% negative EPS growth.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $778,532 activity.

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