Hot Stock’s Alert: McEwen Mining Inc (NYSE:MUX), Steel Dynamics, Inc. (NASDAQ:STLD)

On Wednesday, Shares of McEwen Mining Inc (NYSE:MUX), subtract -6.23% and shut at $2.71 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $2.65 and $2.78. McEwen Mining Inc. explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the United States. It mainly explores for gold, silver, and copper. The company’s principal assets consist of a 49% interest in the San José Mine in Santa Cruz, Argentina; the El Gallo 1 mine and El Gallo 2 project in Sinaloa, Mexico; the Gold Bar project in Nevada, the United States; and the Los Azules copper project in San Juan, Argentina. It covers an area of about 730 square miles and comprises 146 mining concessions consisting of 71 approved mining claims; 54 claims that are in the application process for mining claim status; and 21 claims, principally that are for exploration only.

Shares of Steel Dynamics, Inc. (NASDAQ:STLD), added 1.28% and shut at $35.74 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $34.84 and $35.74. The association’s commercial center capitalization is $8.83 Billion with the general uncommon loads of 243.82 million. Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products; processes and sells recycled ferrous and nonferrous metals; and fabricates and sells steel joist and deck products in the United States and internationally. The company operates through Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations segments. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections. This segment offers its products for automotive, construction, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, administration, marketing, brokerage, and consulting services related to the scrap industry. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel decks mainly for the non-residential construction industry.

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