McEwen Mining Company Profile (NYSE:MUX)

About McEwen Mining (NYSE:MUX)

McEwen Mining logoMcEwen 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
Capitalization:
  • Market Cap: $630.8 million
  • Outstanding Shares: 312,276,000
Average Prices:
  • 50 Day Moving Avg: $2.24
  • 200 Day Moving Avg: $2.58
  • 52 Week Range: $1.94 - $4.43
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.43
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $54.53 million
  • Price / Sales: 11.57
  • Book Value: $1.53 per share
  • Price / Book: 1.32
Dividend:
  • Dividend Yield: 0.5%
Profitability:
  • EBITDA: ($11,300,000.00)
  • Net Margins: -9.19%
  • Return on Equity: -1.69%
  • Return on Assets: -1.51%
Debt:
  • Current Ratio: 3.46%
  • Quick Ratio: 2.42%
Misc:
  • 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?

McEwen Mining is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for McEwen Mining.

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?

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?

One share of McEwen Mining stock can currently be purchased for approximately $2.02.


MarketBeat Community Rating for McEwen Mining (NYSE MUX)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  202
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.

Analyst Ratings

Consensus Ratings for McEwen Mining (NYSE:MUX) (How are Consensus Ratings Calculated?)
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)
Price Target History for McEwen Mining (NYSE:MUX)
Analysts' Ratings History for McEwen Mining (NYSE:MUX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017HC WainwrightReiterated RatingBuy$5.00N/AView Rating Details
3/14/2016Rodman & RenshawBoost Price Target$1.30 -> $2.40N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for McEwen Mining (NYSE:MUX)
Earnings by Quarter for McEwen Mining (NYSE:MUX)
Earnings History by Quarter for McEwen Mining (NYSE MUX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
11/3/2016Q3$0.01$13.42 millionViewN/AView Earnings Details
3/9/2015Q115$0.01$13.68 millionViewListenView Earnings Details
3/10/2014Q413$0.03ViewN/AView Earnings Details
11/8/2013Q3 13$0.01ViewN/AView Earnings Details
5/9/2013Q1 2013$0.02($0.04)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for McEwen Mining (NYSE:MUX)
Current Year EPS Consensus Estimate: $0.14 EPS
Next Year EPS Consensus Estimate: $0.14 EPS

Dividends

Current Dividend Information for McEwen Mining (NYSE:MUX)
Most Recent Dividend:8/17/2017
Dividend Yield:0.00%
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 Payments by Quarter for McEwen Mining (NYSE:MUX)

Dividend History by Quarter for McEwen Mining (NYSE MUX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2017special$0.018/2/20178/4/20178/17/2017
1/19/2017semiannual$0.010.26%2/1/20172/3/20172/14/2017
8/10/2016semiannual$0.010.23%8/22/20168/24/20168/29/2016
1/14/2016special$0.012/1/20162/3/20162/12/2016
6/19/2015special$0.017/29/20157/31/20158/17/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for McEwen Mining (NYSE:MUX)
Insider Ownership Percentage: 26.60%
Institutional Ownership Percentage: 27.49%
Insider Trades by Quarter for McEwen Mining (NYSE:MUX)
Institutional Ownership by Quarter for McEwen Mining (NYSE:MUX)
Insider Trades by Quarter for McEwen Mining (NYSE:MUX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/27/2016Michele L AshbyDirectorSell10,000$3.45$34,500.00View SEC Filing  
6/28/2016Colin SutherlandPresidentBuy15,166$3.55$53,839.30View SEC Filing  
6/17/2016William Alexander FaustCOOSell150,000$3.50$525,000.00View SEC Filing  
12/31/20152190303 Ontario Inc.major shareholderBuy233,264$1.05$244,927.20View SEC Filing  
12/31/2015Michele L AshbyDirectorBuy10,000$1.06$10,600.00View SEC Filing  
12/30/20152190303 Ontario Inc.major shareholderBuy132,826$1.13$150,093.38View SEC Filing  
12/24/20152190303 Ontario Inc.Major ShareholderBuy43,466$1.12$48,681.92View SEC Filing  
12/23/20152190303 Ontario Inc.Major ShareholderBuy23,584$1.08$25,470.72View SEC Filing  
12/22/20152190303 Ontario Inc.Major ShareholderBuy47,172$1.04$49,058.88View SEC Filing  
12/18/2015Richard W BrissendenDirectorBuy10,000$0.98$9,800.00View SEC Filing  
12/10/20152190303 Ontario Inc.major shareholderBuy400,000$0.95$380,000.00View SEC Filing  
12/8/20152190303 Ontario Inc.major shareholderBuy200,000$0.93$186,000.00View SEC Filing  
12/4/20152190303 Ontario Inc.major shareholderBuy292,552$0.94$274,998.88View SEC Filing  
12/2/20152190303 Ontario Inc.major shareholderBuy170,994$0.90$153,894.60View SEC Filing  
11/25/20152190303 Ontario Inc.Major ShareholderBuy153,374$0.90$138,036.60View SEC Filing  
11/23/20152190303 Ontario Inc.Major ShareholderBuy20,378$0.84$17,117.52View SEC Filing  
11/18/20152190303 Ontario Inc.major shareholderBuy132,446$0.85$112,579.10View SEC Filing  
11/13/20152190303 Ontario Inc.major shareholderBuy186,258$0.85$158,319.30View SEC Filing  
9/16/20152190303 Ontario Inc.Major ShareholderBuy108,140$0.91$98,407.40View SEC Filing  
9/14/20152190303 Ontario Inc.Major ShareholderBuy91,860$0.86$78,999.60View SEC Filing  
6/24/2015Leanne M BakerDirectorBuy10,740$0.95$10,203.00View SEC Filing  
6/8/2015Gregory P FauquierDirectorBuy12,000$0.95$11,400.00View SEC Filing  
9/11/2014Donald R M QuickDirectorSell23,750$2.66$63,175.00View SEC Filing  
9/10/2014Donald R M QuickDirectorSell45,000$2.66$119,700.00View SEC Filing  
8/12/2014Andrew Louis ElineskyVPSell22,500$3.18$71,550.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for McEwen Mining (NYSE:MUX)
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Chart

McEwen Mining (MUX) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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