McEwen (MUX) Stock Price, News & Analysis

Company Overview

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. It also owns interests in the Fuller, Davidson-Tisdale, Buffalo Ankerite, and Paymaster exploration properties located in Canada; and a 49% interest in the San José mine located in Argentina. In addition, the company owns 100% interests in the Gold Bar and Tonkin properties located in Eureka County, Nevada; and interests in the Los Azules copper project located in the cordilleran region in the province of San Juan, Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was founded in 1979 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: $10.01 to $10.37
• 50-Day Range: $7.97 to $11.64
• 52-Week Range: $6.38 to $11.80
• Volume: 852,530 shs
• Average Volume: 792,504 shs
• Market Capitalization: $542.60 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.83
• Consensus Rating: Buy

McEwen Stock Analysis - MarketRank™

McEwen scored higher than 43% of companies evaluated by MarketBeat, and ranked 132nd out of 186 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

McEwen has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

McEwen has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for McEwen are expected to grow in the coming year, from ($0.72) to ($0.28) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of McEwen is -17.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of McEwen is -17.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

McEwen has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.61% of the float of McEwen has been sold short.

Short Interest Ratio / Days to Cover

McEwen has a short interest ratio ("days to cover") of 7.

Change versus previous month

Short interest in McEwen has recently increased by 7.16%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

McEwen does not currently pay a dividend.

Dividend Growth

McEwen does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

11.61% of the float of McEwen has been sold short.

Short Interest Ratio / Days to Cover

McEwen has a short interest ratio ("days to cover") of 7.

Change versus previous month

Short interest in McEwen has recently increased by 7.16%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.53

News Sentiment

McEwen has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for McEwen this week, compared to 5 articles on an average week.

Search Interest

6 people have searched for MUX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added McEwen to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, McEwen insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.10% of the stock of McEwen is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 17.03% of the stock of McEwen is held by institutions.

MUX Stock Analysis - Frequently Asked Questions

How have MUX shares performed this year?

McEwen's stock was trading at $7.78 at the start of the year. Since then, MUX shares have increased by 29.2% and is now trading at $10.05.

How were McEwen's earnings last quarter?

McEwen Inc. (NYSE:MUX) released its quarterly earnings results on Wednesday, May, 7th. The basic materials company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.02. The basic materials company had revenue of $35.70 million for the quarter, compared to analyst estimates of $39.06 million. McEwen had a negative net margin of 17.51% and a negative trailing twelve-month return on equity of 6.03%.
Read the conference call transcript.

When did McEwen's stock split?

McEwen shares reverse split before market open on Tuesday, July 26th 2022.The 1-10 reverse split was announced on Tuesday, July 26th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, July 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Does McEwen have any subsidiaries?

McEwen subsidiaries include 10393444 Canada Inc., 11195581 Canada Inc., 912413 Ontario Inc., Andes Corporacion Minera S.A., Compania Minera Pangea S.A. de C.V., Gold Bar Enterprises LLC, Golden Pick LLC, and more.

Who are McEwen's major shareholders?

Top institutional shareholders of McEwen include Y Intercept Hong Kong Ltd (0.18%) and AlphaQuest LLC (0.05%). Insiders that own company stock include Perry Ing, Carmen L Diges, Ian J Ball, Nicolas Darveau-Garneau and Stephan Michael Spears.
View institutional ownership trends.

How do I buy shares of McEwen?

Shares of MUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of McEwen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that McEwen investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), GE Aerospace (GE), Advanced Micro Devices (AMD), Eli Lilly and Company (LLY) and Adobe (ADBE).

Company Calendar

• Last Earnings: 5/07/2025
• Today: 8/04/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: MINING - MISC
• Sub-Industry: Precious Metals & Minerals
• Current Symbol: NYSE:MUX
• Previous Symbol: NYSE:UXG
• CIK: 314203
• Web: www.mcewenmining.com
• Phone: 866-441-0690
• Fax: 64-7258-0408
• Employees: 430
• Year Founded: 1979

Price Target and Rating

• Average Price Target for McEwen: $14.83
• High Price Target: $17.00
• Low Price Target: $12.50
• Potential Upside/Downside: +47.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.57)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$43.69 million
• Net Margins: -17.51%
• Pretax Margin: -18.44%
• Return on Equity: -6.03%
• Return on Assets: -4.37%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 2.35
• Quick Ratio: 1.89

Sales & Book Value

• Annual Sales: $174.48 million
• Price / Sales: 3.11
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $9.35 per share
• Price / Book: 1.07

Miscellaneous

• Outstanding Shares: 53,990,000
• Free Float: 45,296,000
• Market Cap: $542.60 million
• Optionable: Optionable
• Beta: 0.88