S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
NYSE:MUX

McEwen Mining (MUX) Stock Forecast, Price & News

$3.49
-0.05 (-1.41%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$3.36
$3.60
50-Day Range
$0.36
$6.40
52-Week Range
$3.20
$12.30
Volume
264,437 shs
Average Volume
254,159 shs
Market Capitalization
$165.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.75

McEwen Mining MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
294.0% Upside
$13.75 Price Target
Short Interest
Bearish
29.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.40mentions of McEwen Mining in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

Basic Materials Sector

151st out of 219 stocks

Gold & Silver Ores Industry

33rd out of 54 stocks

McEwen Mining logo

About McEwen Mining (NYSE:MUX) Stock

McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada. It also owns interests in the Fuller, Davidson-Tisdale, Buffalo Ankerite, and Paymaster exploration properties located in Canada; and a 49% interest in the San José mine located in Argentina. In addition, the company owns 100% interests in the Gold Bar and Tonkin properties located in Eureka County, Nevada; and interests in the Los Azules copper project located in the cordilleran region in the province of San Juan, Argentina. 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 headquartered in Toronto, Canada.

Analysts Set New Price Targets

A number of analysts have recently issued reports on MUX shares. StockNews.com started coverage on McEwen Mining in a research note on Sunday, July 31st. They issued a "sell" rating on the stock. Alliance Global Partners lowered their price target on McEwen Mining from $15.00 to $10.00 in a research note on Friday, May 13th.

McEwen Mining Price Performance

Shares of NYSE:MUX traded down $0.05 during trading on Friday, reaching $3.49. The stock had a trading volume of 264,437 shares, compared to its average volume of 254,159. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.34 and a current ratio of 1.61. The business has a fifty day moving average price of $4.40 and a 200-day moving average price of $6.58. The stock has a market cap of $165.53 million, a PE ratio of -2.49 and a beta of 1.19. McEwen Mining has a 1-year low of $3.20 and a 1-year high of $12.30.

McEwen Mining (NYSE:MUX - Get Rating) (TSE:MUX) last announced its quarterly earnings data on Tuesday, May 10th. The basic materials company reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of ($0.30) by ($0.10). McEwen Mining had a negative return on equity of 16.25% and a negative net margin of 46.05%. The company had revenue of $25.54 million for the quarter, compared to analysts' expectations of $31.50 million. On average, equities analysts forecast that McEwen Mining will post -1.25 earnings per share for the current fiscal year.

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MUX Stock News Headlines

McEwen Copper: Los Azules Progress Report #4
McEwen Mining: Cheap For A Reason
McEwen Mining (NYSE:MUX) Stock Price Up 905.6%
StockNews.com Initiates Coverage on McEwen Mining (NYSE:MUX)
McEwen Copper: Los Azules Progress Report #3
7 Undervalued Penny Stocks to Buy for Massive Gains
McEwen Mining Q1 Earnings Preview
McEwen Mining: Q1 2022 Results
McEwen Mining: Q1 2022 Results Webcast
McEwen Mining: A Whiff On The Fox PEA
McEwen Mining: A Year Of Improvement With Guidance Met
McEwen Mining: Fox PEA – Higher Production, Longer Life
McEwen Mining CFO on temporary medical leave
McEwen Mining: CFO on Temporary Medical Leave
McEwen Mining falls into non-compliance with the NYSE
See More Headlines

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MUX Company Calendar

Last Earnings
5/10/2022
Today
8/07/2022
Next Earnings (Estimated)
8/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
Precious Metals & Minerals
CUSIP
58039P10
Employees
427
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.75
High Stock Price Forecast
$17.50
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+294.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-56,710,000.00
Pretax Margin
-51.74%

Debt

Sales & Book Value

Annual Sales
$136.50 million
Book Value
$8.49 per share

Miscellaneous

Free Float
38,654,000
Market Cap
$165.53 million
Optionable
Optionable
Beta
1.19














MUX Stock - Frequently Asked Questions

Should I buy or sell McEwen Mining stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for McEwen Mining in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" McEwen Mining stock.
View analyst ratings for McEwen Mining
or view top-rated stocks.

What is McEwen Mining's stock price forecast for 2022?

2 Wall Street research analysts have issued 1-year price targets for McEwen Mining's stock. Their MUX stock forecasts range from $10.00 to $17.50. On average, they anticipate McEwen Mining's share price to reach $13.75 in the next twelve months. This suggests a possible upside of 294.0% from the stock's current price.
View analysts' price targets for McEwen Mining
or view top-rated stocks among Wall Street analysts.

How has McEwen Mining's stock price performed in 2022?

McEwen Mining's stock was trading at $8.8650 at the beginning of 2022. Since then, MUX stock has decreased by 60.6% and is now trading at $3.49.
View the best growth stocks for 2022 here
.

Are investors shorting McEwen Mining?

McEwen Mining saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 11,510,000 shares, an increase of 1,130.0% from the June 30th total of 935,800 shares. Based on an average daily trading volume, of 2,120,000 shares, the short-interest ratio is currently 5.4 days. Currently, 29.5% of the company's stock are short sold.
View McEwen Mining's Short Interest
.

When is McEwen Mining's next earnings date?

McEwen Mining is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for McEwen Mining
.

How were McEwen Mining's earnings last quarter?

McEwen Mining Inc (NYSE:MUX) released its earnings results on Tuesday, May, 10th. The basic materials company reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of ($0.30) by $0.10. The basic materials company had revenue of $25.54 million for the quarter, compared to analyst estimates of $31.50 million. McEwen Mining had a negative net margin of 46.05% and a negative trailing twelve-month return on equity of 16.25%.

When did McEwen Mining's stock split? How did McEwen Mining's stock split work?

Shares of McEwen Mining reverse split on the morning of Tuesday, July 26th 2022. The 1-10 reverse split was announced on Tuesday, July 26th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, July 26th 2022. An investor that had 100 shares of McEwen Mining stock prior to the reverse split would have 10 shares after the split.

What is Rob McEwen's approval rating as McEwen Mining's CEO?

6 employees have rated McEwen Mining CEO Rob McEwen on Glassdoor.com. Rob McEwen has an approval rating of 77% among McEwen Mining's employees.

What other stocks do shareholders of McEwen Mining own?

Based on aggregate information from My MarketBeat watchlists, some companies that other McEwen Mining investors own include First Majestic Silver (AG), Yamana Gold (AUY), Coeur Mining (CDE), Hecla Mining (HL), Northern Dynasty Minerals (NAK), Pretium Resources (PVG), Eldorado Gold (EGO), IAMGOLD (IAG) and B2Gold (BTG).

What is McEwen Mining's stock symbol?

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

Who are McEwen Mining's major shareholders?

McEwen Mining's stock is owned by a variety of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (44.48%), Oppenheimer & Close LLC (0.07%), Mirae Asset Global Investments Co. Ltd. (0.06%), Connor Clark & Lunn Investment Management Ltd. (0.42%) and Arizona State Retirement System (0.02%). Company insiders that own McEwen Mining stock include Anna Man-Yue Ladd-Kruger, G Peter Mah and Richard W Brissenden.
View institutional ownership trends 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is McEwen Mining's stock price today?

One share of MUX stock can currently be purchased for approximately $3.49.

How much money does McEwen Mining make?

McEwen Mining (NYSE:MUX) has a market capitalization of $165.53 million and generates $136.50 million in revenue each year. The basic materials company earns $-56,710,000.00 in net income (profit) each year or ($1.40) on an earnings per share basis.

How many employees does McEwen Mining have?

McEwen Mining employs 427 workers across the globe.

How can I contact McEwen Mining?

McEwen Mining's mailing address is 150 KING STREET WEST SUITE 2800, TORONTO A6, M5H 1J9. The official website for McEwen Mining is www.mcewenmining.com. The basic materials company can be reached via phone at 866-441-0690, via email at info@mcewenmining.com, or via fax at 64-7258-0408.

This page (NYSE:MUX) was last updated on 8/7/2022 by MarketBeat.com Staff

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