McEwen Mining Inc. (MUX) Touches $2.03 Formed H&S; Sutherland Asset Management (SLD) Sellers Decreased By 16.02% Their Shorts

McEwen Mining Inc. (MUX) formed inverse H&S with $2.21 target or 9.00% above today’s $2.03 share price. McEwen Mining Inc. (MUX) has $684.21M valuation. The stock decreased 2.40% or $0.05 during the last trading session, reaching $2.03. About 3.91 million shares traded or 20.15% up from the average. McEwen Mining Inc. (NYSE:MUX) has risen 12.45% since February 28, 2017 and is uptrending. It has underperformed by 4.25% the S&P500.

Sutherland Asset Management Corporation (NYSE:SLD) had a decrease of 16.02% in short interest. SLD’s SI was 309,300 shares in February as released by FINRA. Its down 16.02% from 368,300 shares previously. With 53,200 avg volume, 6 days are for Sutherland Asset Management Corporation (NYSE:SLD)’s short sellers to cover SLD’s short positions. The SI to Sutherland Asset Management Corporation’s float is 1.97%. The stock decreased 2.12% or $0.3 during the last trading session, reaching $13.85. About 68,929 shares traded or 2.04% up from the average. Sutherland Asset Management Corporation (NYSE:SLD) has 0.00% since February 28, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 2 analysts covering McEwen Mining (NYSE:MUX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. McEwen Mining has $500 highest and $3.25 lowest target. $4.13’s average target is 103.45% above currents $2.03 stock price. McEwen Mining had 10 analyst reports since July 18, 2017 according to SRatingsIntel. H.C. Wainwright maintained it with “Buy” rating and $5.0 target in Thursday, November 9 report. The stock has “Buy” rating by H.C. Wainwright on Tuesday, July 18. The stock of McEwen Mining Inc. (NYSE:MUX) has “Buy” rating given on Friday, November 3 by H.C. Wainwright. The rating was maintained by H.C. Wainwright with “Buy” on Friday, August 11. H.C. Wainwright maintained McEwen Mining Inc. (NYSE:MUX) on Thursday, August 3 with “Buy” rating. The stock of McEwen Mining Inc. (NYSE:MUX) earned “Buy” rating by Roth Capital on Tuesday, January 16. The rating was maintained by H.C. Wainwright with “Buy” on Tuesday, January 16. The rating was maintained by H.C. Wainwright on Wednesday, October 11 with “Buy”. The rating was maintained by H.C. Wainwright on Thursday, October 19 with “Buy”.

Analysts await McEwen Mining Inc. (NYSE:MUX) to report earnings on March, 7. They expect $0.01 EPS, up 200.00% or $0.02 from last year’s $-0.01 per share. MUX’s profit will be $3.37M for 50.75 P/E if the $0.01 EPS becomes a reality. After $-0.03 actual EPS reported by McEwen Mining Inc. for the previous quarter, Wall Street now forecasts -133.33% EPS growth.

Sutherland Asset Management Corporation operates as a real estate finance company. The company has market cap of $454.77 million. It acquires, originates, manages, services, and finances small balance commercial loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It has a 7.67 P/E ratio. The firm operates through four divisions: Loan Acquisitions; SBC Conventional Originations; SBA Originations, Acquisitions and Servicing; and Residential Mortgage Banking.