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

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$1.72 +0.04 (+2.38 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$1.68
Today's Range$1.67 - $1.73
52-Week Range$1.61 - $2.52
Volume1.64 million shs
Average Volume2.14 million shs
Market Capitalization$593.28 million
P/E Ratio-13.23
Dividend Yield0.60%
Beta-0.69
McEwen Mining, Inc. is a mining and minerals production and exploration company, which focuses on base metals in Argentina, Mexico and the United States. It operates through the following geographical segments: Mexico, MSC, Nevada, Los Azules, Canada and Other. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.

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Industry, Sector and Symbol

Industry Gold & silver ores
Sub-IndustryPrecious Metals & Minerals
SectorBasic Materials
CUSIP58039P10
Phone866-441-0690

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$128.82 million
Book Value$1.44 per share

Profitability

Net Income$-44,870,000.00

Miscellaneous

EmployeesN/A
Market Cap$593.28 million
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

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 announced a semiannual dividend on Friday, February 22nd. Investors of record on Friday, March 8th will be given a dividend of $0.005 per share on Friday, March 15th. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, March 7th. View McEwen Mining's Dividend History.

How were McEwen Mining's earnings last quarter?

McEwen Mining Inc (NYSE:MUX) announced its quarterly earnings data on Thursday, February, 21st. The basic materials company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.02. The basic materials company earned $26.46 million during the quarter, compared to analysts' expectations of $18.03 million. McEwen Mining had a negative return on equity of 8.53% and a negative net margin of 35.32%. 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 Wednesday, May 1st 2019. View Earnings Estimates for McEwen Mining.

What price target have analysts set for MUX?

2 equities research analysts have issued 1-year price objectives for McEwen Mining's shares. Their forecasts range from $4.00 to $4.00. On average, they anticipate McEwen Mining's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 132.6% from the stock's current price. View Analyst Price Targets for McEwen Mining.

What is the consensus analysts' recommendation for McEwen Mining?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McEwen Mining in the last year. There are currently 1 hold rating and 1 buy rating 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. " (2/27/2019)
  • 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)

Has McEwen Mining been receiving favorable news coverage?

Media headlines about MUX stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. McEwen Mining earned a news impact score of -1.1 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting McEwen Mining?

McEwen Mining saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 46,287,580 shares, an increase of 2.9% from the February 15th total of 45,001,323 shares. Based on an average daily volume of 2,687,367 shares, the short-interest ratio is currently 17.2 days. Currently, 17.5% of the shares of the company are sold short. View McEwen Mining's Current Options Chain.

Who are some of McEwen Mining's key competitors?

What other stocks do shareholders of McEwen Mining own?

Based on aggregate information from My MarketBeat watchlists, some companies that other McEwen Mining investors own include First Majestic Silver (AG), Pretium Resources (PVG), Yamana Gold (AUY), Barrick Gold (GOLD), Hecla Mining (HL), Wheaton Precious Metals (WPM), Coeur Mining (CDE), Endeavour Silver (EXK), Iamgold (IAG) and Gold Standard Ventures (GSV).

Who are McEwen Mining's key executives?

McEwen Mining's management team includes the folowing people:
  • Robert Ross McEwen, Executive Chairman & Chief Executive Officer
  • Christopher Stewart, President & Chief Operating Officer
  • Andrew Louis Elinesky, CFO, Principal Financial & Accounting Officer, SVP
  • Simon Tyler Quick, Vice President-Projects
  • Christina McCarthy, Head-Investor Relations & Corporate Development

Who are McEwen Mining's major shareholders?

McEwen Mining's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (12.21%), BlackRock Inc. (2.90%), Mirae Asset Global Investments Co. Ltd. (1.41%), Geode Capital Management LLC (0.56%), Geode Capital Management LLC (0.54%) and Stuyvesant Capital Management (0.45%). Company insiders that own McEwen Mining stock include Allen V Ambrose, Chris Stewart, Michele L Ashby, Richard W Brissenden, 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 D. E. Shaw & Co. Inc., FMR LLC, Stuyvesant Capital Management, BlackRock Inc., Squarepoint Ops LLC, Northern Trust Corp, IndexIQ Advisors LLC and Smith Moore & CO.. View Insider Buying and Selling for McEwen Mining.

Which major investors are buying McEwen Mining stock?

MUX stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Mirae Asset Global Investments Co. Ltd., Alps Advisors Inc., Perritt Capital Management Inc., Geode Capital Management LLC, Geode Capital Management LLC, Two Sigma Investments LP and Barclays PLC. Company insiders that have bought McEwen Mining stock in the last two years include Allen V Ambrose, Chris Stewart, 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 $1.72.

How big of a company is McEwen Mining?

McEwen Mining has a market capitalization of $593.28 million and generates $128.82 million in revenue each year. The basic materials company earns $-44,870,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis.

What is McEwen Mining's official website?

The official website for McEwen Mining is http://www.mcewenmining.com.

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:  194 (Vote Outperform)
Underperform Votes:  243 (Vote Underperform)
Total Votes:  437
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 3/25/2019 by MarketBeat.com Staff

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