Q3 EPS Estimates for McEwen Mining Increased by Roth Capital

McEwen Mining Inc. (NYSE:MUX - Free Report) TSE: MUX - Stock analysts at Roth Capital increased their Q3 2025 EPS estimates for McEwen Mining in a research report issued to clients and investors on Monday, June 30th. Roth Capital analyst J. Reagor now expects that the basic materials company will earn $0.25 per share for the quarter, up from their previous forecast of ($0.01). Roth Capital currently has a "Buy" rating and a $15.00 target price on the stock. The consensus estimate for McEwen Mining's current full-year earnings is ($0.72) per share. Roth Capital also issued estimates for McEwen Mining's Q4 2025 earnings at $0.23 EPS, FY2025 earnings at $0.46 EPS, Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.09 EPS, Q3 2026 earnings at $0.07 EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.35 EPS.

McEwen Mining (NYSE:MUX - Get Free Report) TSE: MUX last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.02. The firm had revenue of $35.70 million for the quarter, compared to the consensus estimate of $39.06 million. McEwen Mining had a negative return on equity of 6.03% and a negative net margin of 17.51%.

A number of other analysts also recently issued reports on MUX. Roth Mkm lowered their price objective on shares of McEwen Mining from $13.00 to $12.50 and set a "buy" rating on the stock in a report on Friday, March 21st. Wall Street Zen cut shares of McEwen Mining from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. National Bankshares restated an "outperform" rating on shares of McEwen Mining in a research note on Tuesday, June 24th. HC Wainwright lowered their target price on McEwen Mining from $18.00 to $15.50 and set a "buy" rating on the stock in a research report on Friday, May 9th. Finally, National Bank Financial raised McEwen Mining to a "strong-buy" rating in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, McEwen Mining has an average rating of "Moderate Buy" and a consensus price target of $14.33.

McEwen Mining Price Performance

McEwen Mining stock traded up $0.37 during midday trading on Thursday, reaching $11.36. The stock had a trading volume of 827,889 shares, compared to its average volume of 706,630. The firm's fifty day simple moving average is $8.47 and its 200-day simple moving average is $8.01. The company has a quick ratio of 1.89, a current ratio of 2.35 and a debt-to-equity ratio of 0.26. McEwen Mining has a 1-year low of $6.38 and a 1-year high of $11.46.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MUX. Private Advisor Group LLC lifted its stake in McEwen Mining by 18.8% in the 4th quarter. Private Advisor Group LLC now owns 12,645 shares of the basic materials company's stock valued at $98,000 after purchasing an additional 2,000 shares during the last quarter. Bank of America Corp DE lifted its position in shares of McEwen Mining by 74.9% in the fourth quarter. Bank of America Corp DE now owns 115,080 shares of the basic materials company's stock valued at $895,000 after buying an additional 49,301 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new position in shares of McEwen Mining during the 4th quarter worth approximately $526,000. Quantbot Technologies LP increased its holdings in shares of McEwen Mining by 53.5% during the 4th quarter. Quantbot Technologies LP now owns 37,980 shares of the basic materials company's stock worth $295,000 after acquiring an additional 13,230 shares during the last quarter. Finally, Northern Trust Corp raised its stake in McEwen Mining by 16.4% in the 4th quarter. Northern Trust Corp now owns 161,972 shares of the basic materials company's stock valued at $1,260,000 after acquiring an additional 22,854 shares during the period. Institutional investors own 17.03% of the company's stock.

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.