National Bank Financial Weighs in on McEwen Mining FY2027 Earnings

Key Points

• National Bank Financial projects McEwen Mining will achieve earnings of $4.18 per share for FY2027, compared to a consensus estimate of $0.07 for the current full year.
• The firm has a "Strong-Buy" rating on McEwen Mining stocks, along with a price target of C$20.00, indicating confidence in the company's future growth.
• McEwen Mining shares recently traded at C$14.42, with a market cap of C$545.07 million and notable financial ratios including a PE ratio of 5.20.

McEwen Mining Inc (TSE:MUX - Free Report) NYSE: MUX - Equities research analysts at National Bank Financial issued their FY2027 earnings per share (EPS) estimates for shares of McEwen Mining in a report released on Tuesday, August 12th. National Bank Financial analyst D. Demarco expects that the company will post earnings of $4.18 per share for the year. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for McEwen Mining's current full-year earnings is $0.07 per share.

Separately, National Bankshares set a C$20.00 price target on McEwen Mining and gave the stock an "outperform" rating in a research note on Wednesday, April 30th.

McEwen Mining Price Performance

Shares of TSE:MUX traded down C$0.12 during trading on Thursday, hitting C$14.42. 17,731 shares of the stock were exchanged, compared to its average volume of 47,922. The company has a fifty day moving average price of C$14.09 and a two-hundred day moving average price of C$11.93. The company has a market cap of C$545.07 million, a PE ratio of 5.20 and a beta of 1.45. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 8.46. McEwen Mining has a 12-month low of C$9.13 and a 12-month high of C$16.04.

About McEwen Mining

McEwen Mining Inc engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada.

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