McEwen Mining (NYSE:MUX - Get Free Report) TSE: MUX is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
McEwen Mining (NYSE:MUX - Get Free Report) TSE: MUX last announced its quarterly earnings data on Thursday, February 29th. The basic materials company reported $2.90 earnings per share for the quarter, topping the consensus estimate of ($0.32) by $3.22. The business had revenue of $58.68 million during the quarter, compared to the consensus estimate of $53.00 million. McEwen Mining had a return on equity of 19.20% and a net margin of 32.92%.
McEwen Mining Price Performance
NYSE:MUX traded up $0.04 on Tuesday, hitting $12.09. The company had a trading volume of 529,751 shares, compared to its average volume of 709,469. McEwen Mining has a 52 week low of $5.92 and a 52 week high of $12.50. The company has a current ratio of 1.76, a quick ratio of 1.09 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $597.73 million, a price-to-earnings ratio of 10.61 and a beta of 1.48. The firm has a 50 day moving average of $9.99 and a two-hundred day moving average of $8.05.
Analyst Upgrades and Downgrades
MUX has been the topic of several recent research reports. HC Wainwright reduced their price objective on McEwen Mining from $18.50 to $13.00 and set a "buy" rating on the stock in a research report on Monday, March 4th. TheStreet upgraded shares of McEwen Mining from a "d" rating to a "c" rating in a research report on Friday, March 1st.
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McEwen Mining Company Profile
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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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