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

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

McEwen Mining Inc (NYSE:MUX) announced its quarterly earnings data on Wednesday, October, 30th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.01) by $0.02. The basic materials company had revenue of $32.69 million for the quarter, compared to analysts' expectations of $36.67 million. McEwen Mining had a negative net margin of 50.01% and a negative return on equity of 11.41%. View McEwen Mining's Earnings History.

3 analysts have issued 1 year price objectives for McEwen Mining's stock. Their forecasts range from $2.00 to $4.00. On average, they anticipate McEwen Mining's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 130.8% from the stock's current price. View Analyst Price Targets 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.

News coverage about MUX stock has been trending somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. McEwen Mining earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for McEwen Mining.

McEwen Mining saw a increase in short interest in January. As of January 31st, there was short interest totalling 40,420,000 shares, an increase of 6.3% from the January 15th total of 38,040,000 shares. Based on an average daily trading volume, of 4,750,000 shares, the short-interest ratio is presently 8.5 days. Approximately 14.1% of the shares of the stock are short sold. View McEwen Mining's Current Options Chain.

Some companies that are related to McEwen Mining include Osisko gold royalties (OR), Coeur Mining (CDE), Iamgold (IAG), Eldorado Gold (EGO), Seabridge Gold (SA), Fortuna Silver Mines (FSM), DRDGOLD (DRD), Endeavour Silver (EXK), Corvus Gold (CORVF), Gold Reserve (GDRZF), Loncor Resources (LONCF), Rare Element Resource (REEMF), China Natural Resources (CHNR), New Jersey Mining (NJMC) and Mexus Gold US (MXSG).

Based on aggregate information from My MarketBeat watchlists, some companies that other McEwen Mining investors own include First Majestic Silver (AG), Northern Dynasty Minerals (NAK), Pretium Resources (PVG), Uranium Energy (UEC), FuelCell Energy (FCEL), Yamana Gold (AUY), Endeavour Silver (EXK), Hecla Mining (HL), Canopy Growth (CGC) and Coeur Mining (CDE).

McEwen Mining's stock is owned by many different of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (4.92%), State Street Corp (2.93%), Sun Valley Gold LLC (0.68%), Geode Capital Management LLC (0.68%), Charles Schwab Investment Management Inc. (0.35%) and Bank of America Corp DE (0.18%). Company insiders that own McEwen Mining stock include Allen V Ambrose, Chris Stewart, Michele L Ashby and Richard W Brissenden. View Institutional Ownership Trends for McEwen Mining.

MUX stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Barclays PLC, Wedbush Securities Inc., Goldman Sachs Group Inc., Advisor Group Inc., Sicart Associates LLC, Perritt Capital Management Inc. and UBS Asset Management Americas Inc.. View Insider Buying and Selling for McEwen Mining.

MUX stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Sun Valley Gold LLC, Bank of America Corp DE, Sprott Inc., Geode Capital Management LLC, Pictet Asset Management Ltd., Cubist Systematic Strategies LLC and Renaissance Technologies LLC. Company insiders that have bought McEwen Mining stock in the last two years include Allen V Ambrose, Chris Stewart and Michele L Ashby. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of MUX stock can currently be purchased for approximately $1.30.

McEwen Mining has a market capitalization of $471.29 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. McEwen Mining employs 427 workers across the globe.View Additional Information About McEwen Mining.

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

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]