McEwen (MUX) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• McEwen (MUX) is expected to report Q1 2026 results after the market close on Wednesday, May 6, with analysts forecasting $0.4233 EPS and $67.48M revenue; a conference call is scheduled for Thursday, May 7 at 11:00 AM ET.
• The stock opened at $21.71 and is down 9%, trading with a market cap of $1.29B, a P/E of 36.8, and a 12‑month range of $6.88–$29.70.
• Analyst coverage is mixed—four Buys, one Hold and one Sell—yielding a consensus rating of Moderate Buy and a consensus price target of $29.83.

McEwen (NYSE:MUX - Get Free Report) TSE: MUX will likely be announcing its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.4233 per share and revenue of $67.4820 million for the quarter. Investors may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 11:00 AM ET.

McEwen (NYSE:MUX - Get Free Report) TSE: MUX last issued its earnings results on Thursday, March 12th. The basic materials company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.41. McEwen had a net margin of 17.43% and a return on equity of 6.89%. The firm had revenue of $64.60 million for the quarter, compared to analysts' expectations of $72.83 million. On average, analysts expect McEwen to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

McEwen Stock Down 9.0%

MUX stock opened at $21.71 on Wednesday. The company has a current ratio of 1.69, a quick ratio of 1.27 and a debt-to-equity ratio of 0.23. McEwen has a twelve month low of $6.88 and a twelve month high of $29.70. The company's 50 day moving average is $23.37 and its two-hundred day moving average is $21.60. The stock has a market cap of $1.29 billion, a P/E ratio of 36.80 and a beta of 1.28.

Analyst Ratings Changes

A number of analysts have weighed in on MUX shares. Zacks Research cut shares of McEwen from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 15th. HC Wainwright raised their price objective on shares of McEwen from $21.50 to $29.50 and gave the stock a "buy" rating in a report on Wednesday, March 18th. Weiss Ratings raised shares of McEwen from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, March 11th. Wall Street Zen cut shares of McEwen from a "buy" rating to a "hold" rating in a report on Sunday, March 29th. Finally, Roth Mkm raised their price objective on shares of McEwen from $30.00 to $35.00 and gave the stock a "buy" rating in a report on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $29.83.

Hedge Funds Weigh In On McEwen

Hedge funds have recently modified their holdings of the business. Prelude Capital Management LLC purchased a new position in shares of McEwen during the third quarter worth approximately $443,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of McEwen during the fourth quarter worth approximately $424,000. Janus Henderson Group PLC purchased a new position in shares of McEwen during the fourth quarter worth approximately $398,000. Bank of America Corp DE grew its position in shares of McEwen by 138.7% during the second quarter. Bank of America Corp DE now owns 35,826 shares of the basic materials company's stock worth $344,000 after acquiring an additional 20,817 shares during the last quarter. Finally, Walleye Capital LLC purchased a new position in shares of McEwen during the fourth quarter worth approximately $315,000. 17.03% of the stock is currently owned by hedge funds and other institutional investors.

About McEwen

McEwen Mining Inc NYSE: MUX is a Canada-based precious metals company focused on the exploration, development and production of gold, silver and copper. Headquartered in Toronto, the company pursues a diversified portfolio of assets across the Americas, with operations and projects spanning Argentina, Mexico, Canada and the United States. McEwen Mining employs an integrated approach that combines in-house technical expertise with strategic partnerships to advance its assets from resource definition through to commercial production.

The company's flagship producing asset is the San José mine in Argentina, a high-grade silver-gold operation.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.