About McEwen Mining (NYSE:MUX)
McEwen Mining Inc. is a mining and minerals production and exploration company. The Company is focused on precious and base metals in Argentina, Mexico and the United States. The Company's segments include Mexico, Minera Santa Cruz S.A. (MSC), Nevada and Los Azules. The Mexico Operations segment includes properties, such as El Gallo 1 mine and the El Gallo 2 project. The MSC segment includes properties, such as the San Jose mine and other concessions located around the mine. The Company's properties in Nevada segment include Gold Bar project and exploration properties. The Gold Bar project is a proposed mine project. The Los Azules segment includes various properties, such as Los Azules project, Chonchones project, Laganoso project, La Cerrada project and Other Argentina properties. The Los Azules copper project is an advanced-stage porphyry copper exploration project located in the cordilleran region of San Juan Province, Argentina near the border with Chile.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Integrated Mining
- Sub-Industry: Precious Metals & Minerals
- Symbol: NYSE:MUX
- CUSIP: 58039P10
- Web: www.mcewenmining.com
- Market Cap: $630.8 million
- Outstanding Shares: 312,276,000
- 50 Day Moving Avg: $2.24
- 200 Day Moving Avg: $2.58
- 52 Week Range: $1.94 - $4.43
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 14.43
- P/E Growth: 0.00
- Annual Revenue: $54.53 million
- Price / Sales: 11.57
- Book Value: $1.53 per share
- Price / Book: 1.32
- EBITDA: ($11,300,000.00)
- Net Margins: -9.19%
- Return on Equity: -1.69%
- Return on Assets: -1.51%
- Current Ratio: 3.46%
- Quick Ratio: 2.42%
- Average Volume: 3.25 million shs.
- Beta: -1.42
- Short Ratio: 8.41
Frequently Asked Questions for McEwen Mining (NYSE:MUX)
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 special dividend on Wednesday, August 2nd. Shareholders of record on Friday, August 4th will be given a dividend of $0.005 per share on Thursday, August 17th. The ex-dividend date of this dividend is Wednesday, August 2nd. View McEwen Mining's Dividend History.
How were McEwen Mining's earnings last quarter?
McEwen Mining Inc. (NYSE:MUX) issued its earnings results on Thursday, November, 3rd. The company reported $0.01 earnings per share for the quarter. The firm earned $13.42 million during the quarter. McEwen Mining had a negative return on equity of 1.69% and a negative net margin of 9.19%. View McEwen Mining's Earnings History.
When will McEwen Mining make its next earnings announcement?
Where is McEwen Mining's stock going? Where will McEwen Mining's stock price be in 2017?
1 analysts have issued 1-year target prices for McEwen Mining's shares. Their forecasts range from $5.00 to $5.00. On average, they expect McEwen Mining's share price to reach $5.00 in the next twelve months. View Analyst Ratings for McEwen Mining.
What are 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. " (10/12/2017)
- 2. HC Wainwright analysts commented, "We note that 2Q17 gold equivalent production fell by approximately 18% from 2Q16. Further, production increased approximately 10% from 1Q17. We expect 2H17 production to improve from 1H17 levels, and highlight that our model, adjusted for a 75:1 gold to silver ratio, estimates 2017 production to reach a total of 134,100 GEO. Production at San Jose improved sequentially while slightly decreasing YoY. San Jose 2Q17 production totaled 22,804 GEO. Total 1H17 production from the asset totaled 42,729 GEO, a slight improvement over 1H16, primarily due to higher gold grades. Annualized 1H17 production would result in total 2017 production of 85,400 GEO, somewhat below management’s guidance of 94,000 attributable GEO for San Jose. We note that our model reflects attributable 2017 production from San Jose to reach 88,000 GEO." (7/18/2017)
Are investors shorting McEwen Mining?
McEwen Mining saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 40,257,556 shares, an increase of 11.6% from the August 31st total of 36,086,535 shares. Based on an average daily trading volume, of 4,142,111 shares, the short-interest ratio is presently 9.7 days. Currently, 17.4% of the shares of the stock are sold short.
Who are some of McEwen Mining's key competitors?
Some companies that are related to McEwen Mining include MAG Silver Corp (MAG), Seabridge Gold (SA), Fortuna Silver Mines (FSM), Northern Dynasty Minerals Ltd (NAK), Dorchester Minerals, L.P. (DMLP), SolGold plc (SOLG), Central Asia Metals Ltd (CAML), Anglo Pacific Group plc (APF), Gold Resource (GORO), Polymet Mining Corp (PLM), Griffin Mining Ltd (GFM), A-Mark Precious Metals (AMRK), Avino Silver and Gold Mines Ltd (ASM), Horizonte Minerals Plc (HZM), Beowulf Mining plc (BEM), Comstock Mining (LODE), Georgian Mining Corp (GEO) and Kibo Mining PLC (KIBO).
Who are McEwen Mining's key executives?
McEwen Mining's management team includes the folowing people:
- Robert R. McEwen, Chairman of the Board, Chief Executive Officer
- Xavier L. Ochoa, President, Chief Operating Officer
- Andrew Louis Elinesky, Chief Financial Officer, Senior Vice President, Principal Financial Officer and Principal Accounting Officer
- Andrew Iaboni, Vice President - Finance
- Simon Tyler Quick, Vice President - Projects
- Craig P. Stanley, Vice President - Corporate Development
- Nathan M. Stubina Ph.D, Managing Director
- Gregory P. Fauquier, Director
- Allen V. Ambrose, Independent Director
- Michele Lucille Ashby, Independent Director
How do I buy McEwen Mining stock?
Shares of McEwen Mining can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is McEwen Mining's stock price today?
MarketBeat Community Rating for McEwen Mining (NYSE MUX)MarketBeat's community ratings are surveys of what our community members think about McEwen Mining and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of McEwen Mining stock can currently be purchased for approximately $2.02.
Consensus Ratings for McEwen Mining (NYSE:MUX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$5.00 (147.52% upside)|Consensus Price Target History for McEwen Mining (NYSE:MUX)
Analysts' Ratings History for McEwen Mining (NYSE:MUX)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/11/2017||HC Wainwright||Reiterated Rating||Buy||$5.00||N/A|
|3/14/2016||Rodman & Renshaw||Boost Price Target||$1.30 -> $2.40||N/A|
Earnings History for McEwen Mining (NYSE:MUX)Earnings History by Quarter for McEwen Mining (NYSE MUX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017|| || || || || || || || |
Earnings Estimates for McEwen Mining (NYSE:MUX)
Current Year EPS Consensus Estimate: $0.14 EPS
Next Year EPS Consensus Estimate: $0.14 EPS
Current Dividend Information for McEwen Mining (NYSE:MUX)
|Most Recent Dividend:||8/17/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for McEwen Mining (NYSE MUX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for McEwen Mining (NYSE:MUX)
Insider Ownership Percentage: 26.60%Insider Trades by Quarter for McEwen Mining (NYSE:MUX)
Institutional Ownership Percentage: 27.49%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/27/2016||Michele L Ashby||Director||Sell||10,000||$3.45||$34,500.00|| |
|6/28/2016||Colin Sutherland||President||Buy||15,166||$3.55||$53,839.30|| |
|6/17/2016||William Alexander Faust||COO||Sell||150,000||$3.50||$525,000.00|| |
|12/31/2015||2190303 Ontario Inc.||major shareholder||Buy||233,264||$1.05||$244,927.20|| |
|12/31/2015||Michele L Ashby||Director||Buy||10,000||$1.06||$10,600.00|| |
|12/30/2015||2190303 Ontario Inc.||major shareholder||Buy||132,826||$1.13||$150,093.38|| |
|12/24/2015||2190303 Ontario Inc.||Major Shareholder||Buy||43,466||$1.12||$48,681.92|| |
|12/23/2015||2190303 Ontario Inc.||Major Shareholder||Buy||23,584||$1.08||$25,470.72|| |
|12/22/2015||2190303 Ontario Inc.||Major Shareholder||Buy||47,172||$1.04||$49,058.88|| |
|12/18/2015||Richard W Brissenden||Director||Buy||10,000||$0.98||$9,800.00|| |
|12/10/2015||2190303 Ontario Inc.||major shareholder||Buy||400,000||$0.95||$380,000.00|| |
|12/8/2015||2190303 Ontario Inc.||major shareholder||Buy||200,000||$0.93||$186,000.00|| |
|12/4/2015||2190303 Ontario Inc.||major shareholder||Buy||292,552||$0.94||$274,998.88|| |
|12/2/2015||2190303 Ontario Inc.||major shareholder||Buy||170,994||$0.90||$153,894.60|| |
|11/25/2015||2190303 Ontario Inc.||Major Shareholder||Buy||153,374||$0.90||$138,036.60|| |
|11/23/2015||2190303 Ontario Inc.||Major Shareholder||Buy||20,378||$0.84||$17,117.52|| |
|11/18/2015||2190303 Ontario Inc.||major shareholder||Buy||132,446||$0.85||$112,579.10|| |
|11/13/2015||2190303 Ontario Inc.||major shareholder||Buy||186,258||$0.85||$158,319.30|| |
|9/16/2015||2190303 Ontario Inc.||Major Shareholder||Buy||108,140||$0.91||$98,407.40|| |
|9/14/2015||2190303 Ontario Inc.||Major Shareholder||Buy||91,860||$0.86||$78,999.60|| |
|6/24/2015||Leanne M Baker||Director||Buy||10,740||$0.95||$10,203.00|| |
|6/8/2015||Gregory P Fauquier||Director||Buy||12,000||$0.95||$11,400.00|| |
|9/11/2014||Donald R M Quick||Director||Sell||23,750||$2.66||$63,175.00|| |
|9/10/2014||Donald R M Quick||Director||Sell||45,000||$2.66||$119,700.00|| |
|8/12/2014||Andrew Louis Elinesky||VP||Sell||22,500||$3.18||$71,550.00|| |
Headline Trends for McEwen Mining (NYSE:MUX)
Latest Headlines for McEwen Mining (NYSE:MUX)
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McEwen Mining (MUX) Chart for Sunday, October, 22, 2017