McEwen (MUX) Soars 14.5%: Is Further Upside Left in the Stock?

McEwen (MUX) shares ended the last trading session 14.5% higher at $11. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 11.5% gain over the past four weeks. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. McEwen shares have g ...