Analysts Set Expectations for 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 researchers at National Bank Financial issued their FY2027 earnings estimates for McEwen Mining in a research report issued to clients and investors on Tuesday, August 12th. National Bank Financial analyst D. Demarco forecasts 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 shares of McEwen Mining and gave the stock an "outperform" rating in a report on Wednesday, April 30th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, McEwen Mining presently has a consensus rating of "Strong Buy" and an average price target of C$20.00.

McEwen Mining Stock Performance

TSE MUX traded down C$0.73 during trading hours on Thursday, hitting C$13.84. 57,686 shares of the company's stock traded hands, compared to its average volume of 48,672. The business's fifty day moving average price is C$14.18 and its two-hundred day moving average price is C$11.98. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 8.46. The firm has a market capitalization of C$523.15 million, a P/E ratio of 4.99 and a beta of 1.45. McEwen Mining has a 52 week low of C$9.13 and a 52 week high of C$16.04.

McEwen Mining Company Profile

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.