McEwen Mining (MUX) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for McEwen Mining in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MUX shares.
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1 brokers have issued twelve-month price objectives for McEwen Mining's shares. Their MUX share price forecasts range from $10.75 to $18.50. On average, they predict the company's stock price to reach $14.63 in the next twelve months. This suggests a possible upside of 79.7% from the stock's current price.
View analysts price targets for MUX or view top-rated stocks among Wall Street analysts.

McEwen Mining's stock was trading at $5.86 at the beginning of 2023. Since then, MUX shares have increased by 38.9% and is now trading at $8.14.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
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McEwen Mining Inc (NYSE:MUX) announced its quarterly earnings results on Monday, March, 13th. The basic materials company reported ($0.79) EPS for the quarter, missing the consensus estimate of ($0.23) by $0.56. The basic materials company earned $28.24 million during the quarter, compared to the consensus estimate of $29.40 million. McEwen Mining had a negative net margin of 86.45% and a negative trailing twelve-month return on equity of 16.26%.

ETFs with the largest weight of McEwen Mining (NYSE:MUX) stock in their portfolio include Sprott Junior Gold Miners ETF (SGDJ), Global X Silver Miners ETF (SIL), Global X Gold Explorers ETF (GOEX) and ETFMG Prime Junior Silver Miners ETF (SILJ).VanEck Junior Gold Miners ETF (GDXJ).

Shares of McEwen Mining 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.

6 employees have rated McEwen Mining Chief Executive Officer Rob McEwen on Glassdoor.com. Rob McEwen has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other McEwen Mining investors own include First Majestic Silver (AG), Yamana Gold (AUY), Coeur Mining (CDE), Hecla Mining (HL), Northern Dynasty Minerals (NAK), Pretium Resources (PVG), Eldorado Gold (EGO), IAMGOLD (IAG) and B2Gold (BTG).

McEwen Mining trades on the New York Stock Exchange (NYSE) under the ticker symbol "MUX."

McEwen Mining's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (4.60%), Mirae Asset Global Investments Co. Ltd. (2.33%), BlackRock Inc. (1.16%), Jane Street Group LLC (1.14%), ETF Managers Group LLC (0.96%) and Geode Capital Management LLC (0.79%). Insiders that own company stock include Anna Man-Yue Ladd-Kruger and G Peter Mah.
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Shares of MUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MUX stock can currently be purchased for approximately $8.14.

McEwen Mining (NYSE:MUX) has a market capitalization of $386.08 million and generates $110.42 million in revenue each year. The basic materials company earns $-81,070,000.00 in net income (profit) each year or ($2.17) on an earnings per share basis.

The company employs 427 workers across the globe.

McEwen Mining's mailing address is 150 KING STREET WEST SUITE 2800, TORONTO A6, M5H 1J9. The official website for the company is www.mcewenmining.com. The basic materials company can be reached via phone at 866-441-0690, via email at info@mcewenmining.com, or via fax at 64-7258-0408.