Stock analysts at Cowen and Company hoisted their price target on shares of McEwen Mining (NYSE:MUX) from $4.23 to $4.57 in a report issued on Friday, American Banking and Market News reports. Cowen and Company’s target price would suggest a potential upside of 71.16% from the stock’s previous close. McEwen Mining Inc. (NYSE:MUX) shares after opening at $2.75 moved to $2.95 on last trade day and at the end of the day closed at $2.88. Company price to sales ratio in past twelve months was calculated as 17.98 and price to cash ratio as 27.52. McEwen Mining Inc. (NYSE:MUX) showed a negative weekly performance of -19.10%.
LIN Media, which owns 43 television stations including WKBN, WYFX and WYTV in Youngstown will merge with Media General to form the second-largest pure-play television broadcasting company in the country. LIN MEDIA LLC (NYSE:LIN) shares advanced 22.48% in last trading session and ended the day on $26.32. LIN return on equity ratio is recorded as -205.90% and its return on assets is 7.80%. LIN MEDIA LLC (NYSE:LIN) yearly performance is 149.24%.
Genco Shipping &Trading Limited (NYSE:GNK) continues to be the subject of unusual trading volumes in the market, with its stock surging as a result. Its stock has already surged by highs of 18% in yesterday’s intraday trading session with the rise expected to continue until the close of business. Genco Shipping & Trading Limited (NYSE:GNK) shares moved up 24.19% in last trading session and was closed at $1.54, while trading in range of $1.42 – $1.66. Genco Shipping & Trading Limited (NYSE:GNK) year to date (YTD) performance is -38.40%.
Cliffs Natural Resources (NYSE:CLF) had its target price decreased by Bank of America from $20.00 to $16.00 in a research note released on Thursday morning, Analyst Ratings News reports. Cliffs Natural Resources Inc. (NYSE:CLF) weekly performance is 7.13%. On last trading day company shares ended up $19.69. Cliffs Natural Resources Inc. (NYSE:CLF) distance from 50-day simple moving average (SMA50) is -3.50%.