NYSE:MUXMcEwen Mining Stock Price, Forecast & News

McEwen Mining's stock was trading at $0.7986 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MUX stock has increased by 24.1% and is now trading at $0.9907. View which stocks have been most impacted by Coronavirus.

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.

McEwen Mining is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for McEwen Mining.

McEwen Mining Inc (NYSE:MUX) issued its earnings results on Tuesday, May, 19th. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.02. The basic materials company earned $31.40 million during the quarter, compared to analysts' expectations of $31.66 million. McEwen Mining had a negative return on equity of 13.94% and a negative net margin of 112.02%. View McEwen Mining's earnings history.

2 equities research analysts have issued 1-year price targets for McEwen Mining's stock. Their forecasts range from $1.75 to $4.00. On average, they expect McEwen Mining's share price to reach $2.88 in the next twelve months. This suggests a possible upside of 190.2% from the stock's current price. View analysts' price targets for McEwen Mining.

Media coverage about MUX stock has trended positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. 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 coverage optimism score of 2.4 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutMcEwen Mining.

Some companies that are related to McEwen Mining include Osisko gold royalties (OR), Eldorado Gold (EGO), Coeur Mining (CDE), Seabridge Gold (SA), Fortuna Silver Mines (FSM), DRDGOLD (DRD), Maverix Metals (MMX), Endeavour Silver (EXK), Corvus Gold (CORVF), BRP Group (MTA), Gold Reserve (GDRZF), Rare Element Resource (REEMF), Loncor Resources (LONCF), New Jersey Mining (NJMC) and China Natural Resources (CHNR). View all competitors.

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

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

McEwen Mining's stock is owned by a variety of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (4.56%), BlackRock Inc. (2.89%), State Street Corp (2.09%), Geode Capital Management LLC (0.67%), ETF Managers Group LLC (0.51%) and Morgan Stanley (0.33%). Company insiders that own McEwen Mining stock include 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 Morgan Stanley, State Street Corp, GSA Capital Partners LLP, BlackRock Inc., WINTON GROUP Ltd, Aperio Group LLC, UBS Group AG, and CIBC World Markets Inc.. View insider buying and selling activity for McEwen Mining.

MUX stock was acquired by a variety of institutional investors in the last quarter, including Sigma Planning Corp, Van ECK Associates Corp, ETF Managers Group LLC, Geode Capital Management LLC, Commonwealth Equity Services LLC, Jane Street Group LLC, Arizona State Retirement System, and Pictet Asset Management Ltd.. Company insiders that have bought McEwen Mining stock in the last two years include Chris Stewart, and Michele L Ashby. View insider buying and selling activity 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 $0.99.

McEwen Mining has a market capitalization of $396.68 million and generates $117.02 million in revenue each year. The basic materials company earns $-59,750,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. McEwen Mining employs 427 workers across the globe.

The official website for McEwen Mining is 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]