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

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$1.81 +0.02 (+1.12 %)
(As of 11/18/2018 01:42 AM ET)
Previous Close$1.81
Today's Range$1.80 - $1.88
52-Week Range$1.68 - $2.55
Volume2.89 million shs
Average Volume2.50 million shs
Market Capitalization$586.86 million
P/E Ratio-60.33
Dividend Yield0.57%
Beta-0.99
McEwen 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
Current SymbolNYSE:MUX
Previous SymbolNYSE:UXG
CUSIP58039P10
Phone866-441-0690

Debt

Debt-to-Equity Ratio0.11
Current Ratio1.95
Quick Ratio1.25

Price-To-Earnings

Trailing P/E Ratio-60.33
Forward P/E Ratio-18.10
P/E GrowthN/A

Sales & Book Value

Annual Sales$67.72 million
Price / Sales9.01
Cash FlowN/A
Price / CashN/A
Book Value$1.47 per share
Price / Book1.23

Profitability

EPS (Most Recent Fiscal Year)($0.03)
Net Income$-10,630,000.00
Net Margins-17.63%
Return on Equity-3.84%
Return on Assets-3.29%

Miscellaneous

Employees535
Outstanding Shares337,280,000
Market Cap$586.86 million
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 Tuesday, August 14th. Shareholders of record on Monday, August 27th will be given a dividend of $0.005 per share on Tuesday, September 4th. This represents a 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) issued its quarterly earnings data on Wednesday, October, 31st. The basic materials company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by $0.01. The basic materials company had revenue of $26.90 million for the quarter, compared to the consensus estimate of $26.18 million. McEwen Mining had a negative return on equity of 3.84% and a negative net margin of 17.63%. 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, February 20th 2019. View Earnings Estimates for McEwen Mining.

What price target have analysts set for MUX?

2 brokers have issued 1 year price objectives for McEwen Mining's shares. Their predictions 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 121.0% 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 2 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. " (10/30/2018)
  • 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)

Has McEwen Mining been receiving favorable news coverage?

News articles about MUX stock have trended neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. McEwen Mining earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned news coverage 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 company's share price in the immediate future.

Are investors shorting McEwen Mining?

McEwen Mining saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 43,734,185 shares, a decrease of 8.7% from the October 15th total of 47,906,653 shares. Based on an average trading volume of 2,376,438 shares, the days-to-cover ratio is currently 18.4 days. Approximately 17.0% 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?

Who are McEwen Mining's key executives?

McEwen Mining's management team includes the folowing people:
  • Mr. Robert Ross McEwen, Chairman & CEO (Age 68)
  • Mr. Andrew L. Elinesky, Sr. VP & CFO (Age 41)
  • Mr. Donald Brown, Sr. VP of Projects (Age 60)
  • Mr. Sylvain Guérard, Sr. VP of Exploration (Age 54)
  • Mr. Christopher Alexander Stewart P. Eng, Pres & COO

Who are McEwen Mining's major shareholders?

McEwen Mining's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (2.95%), Mirae Asset Global Investments Co. Ltd. (1.26%), JPMorgan Chase & Co. (0.58%), JPMorgan Chase & Co. (0.58%), Credit Suisse AG (0.53%) and Alps Advisors Inc. (0.33%). Company insiders that own McEwen Mining stock include Allen V Ambrose, Chris Stewart, 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Alps Advisors Inc., Credit Suisse AG and FMR LLC. View Insider Buying and Selling for McEwen Mining.

Which major investors are buying McEwen Mining stock?

MUX stock was acquired by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Jane Street Group LLC, Public Employees Retirement Association of Colorado and IndexIQ Advisors LLC. 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 $1.81.

How big of a company is McEwen Mining?

McEwen Mining has a market capitalization of $586.86 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.

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:  177 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  401
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 11/18/2018 by MarketBeat.com Staff

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