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

McEwen Mining is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for McEwen Mining.

3 Wall Street analysts have issued twelve-month price targets for McEwen Mining's stock. Their forecasts range from $2.00 to $4.40. On average, they anticipate McEwen Mining's share price to reach $3.20 in the next year. This suggests a possible upside of 183.2% 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.

Media stories about MUX stock have trended somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. McEwen Mining earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for McEwen Mining.

McEwen Mining saw a increase in short interest in the month of 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 trading volume of 4,750,000 shares, the days-to-cover ratio is currently 8.5 days. Approximately 14.1% of the shares of the stock are sold short. View McEwen Mining's Current Options Chain.

Some companies that are related to McEwen Mining include Iamgold (IAG), Osisko gold royalties (OR), Coeur Mining (CDE), 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), Mexus Gold US (MXSG) and Timberline Resources (TLRS).

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 shareholders 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 bought 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 $1.13.

McEwen Mining has a market capitalization of $409.66 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]