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Mcewen Mining Inc (MUX)
NYSE:MUX
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MUX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.92 - $12.50
Previous Close$7.85
Volume676.03K
Average Volume (3M)620.92K
Market Cap
$415.46M
Enterprise Value$425.23M
Total Cash (Recent Filing)$30.23M
Total Debt (Recent Filing)$40.00M
Price to Earnings (P/E)3.8
Beta1.61
Next Earnings
Feb 27, 2025EPS Estimate
-$0.09Last Dividend Ex-Date
Aug 24, 2018Dividend YieldN/A
Share Statistics
EPS (TTM)2.09
Shares Outstanding52,924,821
10 Day Avg. Volume5,363,238
30 Day Avg. Volume620,922
Standard Deviation0.18
R-Squared0.18
Alpha-0.00865
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.84
Price to Sales (P/S)2.08
Price to Cash Flow (P/CF)4.50
P/FCF Ratio17.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.13
Enterprise Value/Gross Profit23.92
Enterprise Value/Ebitda15.46
Forecast
1Y Price Target
$15.63Price Target Upside95.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
McEwen Mining News
PremiumCompany Announcements
McEwen Mining’s Los Azules Project Gains Key Approval
PremiumCompany Announcements
McEwen Mining Sees Growth at Grey Fox Deposit
PremiumCompany Announcements
McEwen Mining Inc. Reports Q3 2024 Earnings
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthMcEwen has been further strengthening its balance sheet, as the firm increased its cash and cash equivalents balance to $40.7M.
Improved Financial PerformanceThe company reported a gross profit of $10.9M during the quarter, compared to a gross loss of $3.5M in 2Q23.
Revenue GrowthThe company recorded $52.3M in revenue and incurred a net loss of $2.1M, which compares quite favorably to 3Q23 revenue of $38.4M and a net loss of $18.5M.
Bears Say
Financial LossThe firm’s net loss for the quarter was primarily driven by a $16.8M loss related to the firm's investment in McEwen Copper.
Production IssuesThe Fox Complex produced only 7,855 gold equivalent ounces due to a stope failure, which led to reduced stope availability and ultimately lower mined and milled gold grades.
Rising CostsCash costs and all-in sustaining costs (AISC) per GEO sold at the Fox Complex increased to $1,588/GEO (+28% YoY) and $1,874/GEO (+37% YoY), respectively.
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Ownership Overview
0.19% Insiders
2.63% Mutual Funds
4.89% Other Institutional Investors
77.61% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MUX FAQ
What was Mcewen Mining Inc’s price range in the past 12 months?
Mcewen Mining Inc lowest stock price was $5.92 and its highest was $12.50 in the past 12 months.
What is Mcewen Mining Inc’s market cap?
Currently, no data Available
When is Mcewen Mining Inc’s upcoming earnings report date?
Mcewen Mining Inc’s upcoming earnings report date is Feb 27, 2025 which is in 66 days.
How were Mcewen Mining Inc’s earnings last quarter?
Mcewen Mining Inc released its earnings results on Nov 06, 2024. The company reported -$0.04 earnings per share for the quarter, beating the consensus estimate of -$0.105 by $0.065.
Is Mcewen Mining Inc overvalued?
According to Wall Street analysts Mcewen Mining Inc’s price is currently Undervalued.
Does Mcewen Mining Inc pay dividends?
Mcewen Mining Inc pays a Semiannually dividend of $0.04 which represents an annual dividend yield of N/A. See more information on Mcewen Mining Inc dividends here
What is Mcewen Mining Inc’s EPS estimate?
Mcewen Mining Inc’s EPS estimate is -$0.09.
How many shares outstanding does Mcewen Mining Inc have?
Mcewen Mining Inc has 52,924,820 shares outstanding.
What happened to Mcewen Mining Inc’s price movement after its last earnings report?
Mcewen Mining Inc reported an EPS of -$0.04 in its last earnings report, beating expectations of -$0.105. Following the earnings report the stock price went up 1.98%.
Which hedge fund is a major shareholder of Mcewen Mining Inc?
Among the largest hedge funds holding Mcewen Mining Inc’s share is Graham Capital Management, L.P.. It holds Mcewen Mining Inc’s shares valued at 702K.
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McEwen Mining Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.63 (95.86% Upside)
$15.63 (95.86% Upside)
Blogger Sentiment
Bullish
MUX Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 9.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $19.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 7.2%
Last 30 Days ▼ 7.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.13%
12-Months-Change
Fundamentals
Return on Equity
24.18%
Trailing 12-Months
Asset Growth
16.61%
Trailing 12-Months
Company Description
Mcewen Mining Inc
McEwen Mining, Inc. is a mining and minerals production and exploration company, which focuses on base metals in Argentina, Mexico and the United States. It operates through the following geographical segments: Mexico, MSC, Nevada, Los Azules, Canada and Other. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.
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MUX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call exhibited strong revenue and profit growth and strategic investments positioning for future success, particularly with McEwen Copper. However, challenges remain with current net losses, cost management, and production issues at certain sites. The sentiment is cautiously optimistic with clear upsides anticipated from strategic projects.Read More>---
MUX Stock 12 Month Forecast
Average Price Target
$15.63
▲(95.86% Upside)
Technical Analysis
Best Analysts Covering MUX
1 Year
1 Year Success Rate
9/12 ratings generated profit
1 Year Average Return
+14.19%
reiterated a buy rating 2 months ago
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