NYSE:MUX - McEwen Mining Stock Price, News, & Analysis

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$1.96 +0.05 (+2.62 %)
(As of 08/20/2018 04:00 PM ET)
Previous Close$1.91
Today's Range$1.91 - $2.00
52-Week Range$1.82 - $2.86
Volume1.61 million shs
Average Volume2.33 million shs
Market Capitalization$725.13 million
P/E Ratio-65.33
Dividend Yield0.53%
Beta-1.47
McEwen Mining logoMcEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver. The company owns 100% interests in the El Gallo 1 mine and El Gallo 2 project in the state of Sinaloa, Mexico; and the Black Fox Complex, Buffalo Ankerite, Fuller, Davidson Tisdale, and Black Fox North properties in Canada. It also owns a 61.01% interest in the Paymaster property in Canada; and a 49% interest in the San José mine in the province of Santa Cruz, Argentina. In addition, the company owns 100% interests in the Gold Bar and Tonkin properties in Nevada, the United States; and the Los Azules copper project in San Juan, Argentina. Further, it owns interests in other exploration properties located in the United States; and in the province of San Juan, Argentina, as well as in Mexico. 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 based in Toronto, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Gold & silver ores
Sub-IndustryPrecious Metals & Minerals
SectorBasic Materials
SymbolNYSE:MUX
CUSIP58039P10
Phone866-441-0690

Debt

Debt-to-Equity RatioN/A
Current Ratio1.49
Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio-65.33
Forward P/E Ratio-49.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$67.72 million
Price / Sales9.76
Cash FlowN/A
Price / CashN/A
Book Value$1.57 per share
Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)($0.03)
Net Income$-10,630,000.00
Net Margins-14.56%
Return on Equity-2.68%
Return on Assets-2.36%

Miscellaneous

Employees535
Outstanding Shares337,280,000
Market Cap$725.13 million

McEwen Mining (NYSE:MUX) Frequently Asked Questions

What is McEwen Mining's stock symbol?

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

How often does McEwen Mining pay dividends? What is the dividend yield for McEwen Mining?

McEwen Mining declared a semiannual dividend on Tuesday, August 14th. Stockholders of record on Monday, August 27th will be paid a dividend of $0.005 per share on Tuesday, September 4th. This represents a dividend yield of 0.48%. The ex-dividend date of this dividend is Friday, August 24th. View McEwen Mining's Dividend History.

How were McEwen Mining's earnings last quarter?

McEwen Mining Inc (NYSE:MUX) posted its earnings results on Wednesday, August, 1st. The basic materials company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.01. The basic materials company had revenue of $34.18 million for the quarter, compared to analyst estimates of $28.55 million. McEwen Mining had a negative net margin of 14.56% and a negative return on equity of 2.68%. View McEwen Mining's Earnings History.

When is McEwen Mining's next earnings date?

McEwen Mining is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for McEwen Mining.

What price target have analysts set for MUX?

3 Wall Street analysts have issued 1-year price objectives for McEwen Mining's stock. Their forecasts range from $3.00 to $5.00. On average, they anticipate McEwen Mining's share price to reach $4.00 in the next year. This suggests a possible upside of 104.1% from the stock's current price. View Analyst Price Targets for McEwen Mining.

What is the consensus analysts' recommendation for McEwen Mining?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McEwen Mining in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for McEwen Mining.

What are Wall Street analysts saying about McEwen Mining stock?

Here are some recent quotes from research analysts about McEwen Mining stock:
  • 1. According to Zacks Investment Research, "U.S. GOLD CORP. is primarily engaged in the precious metal mining business in the continental United States, however, it may also evaluate properties outside the United States. " (8/4/2018)
  • 2. HC Wainwright analysts commented, "We highlight another strong quarter of production, which follows solid YoY growth in 1Q18. We also note that annualized 1H18 gold equivalent production is trending above our 2018 estimate of 171,000 ounces (adjusted to reflect the 75:1 silver to gold ratio used by the firm vs. 65:1 in our model). That said, we expect lower 2H18 production at El Gallo relative to the 1H18 given that mining activities ended in 2Q18, and the remaining production is now expected to come from residual heap leach activities." (7/17/2018)

Are investors shorting McEwen Mining?

McEwen Mining saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 47,835,053 shares, an increase of 1.0% from the July 13th total of 48,300,208 shares. Based on an average trading volume of 2,070,227 shares, the short-interest ratio is currently 23.1 days. Approximately 18.6% of the company's shares are sold short. View McEwen Mining's Current Options Chain.

Who are some of McEwen Mining's key competitors?

Who are McEwen Mining's key executives?

McEwen Mining's management team includes the folowing people:
  • Mr. Robert Ross McEwen, Chairman, Pres & CEO (Age 68)
  • Mr. Andrew L. Elinesky, Sr. VP & CFO (Age 41)
  • Mr. Xavier L. Ochoa, Chief Operating Officer (Age 49)
  • Mr. Donald Brown, Sr. VP of Projects (Age 60)
  • Mr. Sylvain Guérard, Sr. VP of Exploration (Age 54)

Has McEwen Mining been receiving favorable news coverage?

News articles about MUX stock have been trending somewhat positive recently, Accern reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. McEwen Mining earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the basic materials company an impact score of 45.59 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for McEwen Mining.

Who are McEwen Mining's major shareholders?

McEwen Mining's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (11.27%), BlackRock Inc. (2.80%), Global X Management Co LLC (1.26%), Alps Advisors Inc. (0.56%), Alps Advisors Inc. (0.47%) and Alps Advisors Inc. (0.47%). Company insiders that own McEwen Mining stock include Allen V Ambrose, Michele L Ashby, Simon Tyler Quick and Xavier Ochoa. View Institutional Ownership Trends for McEwen Mining.

Which major investors are selling McEwen Mining stock?

MUX stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Alps Advisors Inc., Alps Advisors Inc., BlackRock Inc., Schwab Charles Investment Management Inc., Bank of New York Mellon Corp and Raymond James & Associates. View Insider Buying and Selling for McEwen Mining.

Which major investors are buying McEwen Mining stock?

MUX stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Global X Management Co LLC, FMR LLC, Cubist Systematic Strategies LLC, Tower Research Capital LLC TRC and Aperio Group LLC. Company insiders that have bought McEwen Mining stock in the last two years include Allen V Ambrose, Michele L Ashby, Simon Tyler Quick and Xavier Ochoa. View Insider Buying and Selling for McEwen Mining.

How do I buy shares of McEwen Mining?

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

What is McEwen Mining's stock price today?

One share of MUX stock can currently be purchased for approximately $1.96.

How big of a company is McEwen Mining?

McEwen Mining has a market capitalization of $725.13 million and generates $67.72 million in revenue each year. The basic materials company earns $-10,630,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis. McEwen Mining employs 535 workers across the globe.

How can I contact McEwen Mining?

McEwen Mining's mailing address is 150 King Street West Suite 2800, TORONTO A6, M5H 1J9. The basic materials company can be reached via phone at 866-441-0690 or via email at [email protected]


MarketBeat Community Rating for McEwen Mining (NYSE MUX)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  377
MarketBeat's community ratings are surveys of what our community members think about McEwen Mining and other stocks. Vote "Outperform" if you believe MUX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MUX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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