NYSE:MUX

McEwen Mining Stock Forecast, Price & News

$1.13

-0.01 (-0.88 %)

(As of 07/23/2021 12:00 AM ET)

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Today's Range

$1.11

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$1.14

50-Day Range

$1.12

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$1.65

52-Week Range

$0.90

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$1.71

Volume2.20 million shs

Average Volume3.46 million shs

Market Capitalization$518.88 million

P/E RatioN/A

Dividend YieldN/A

Beta1.22

30 days | 90 days | 365 days | Advanced Chart

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About McEwen Mining

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.

McEwen reports 113% increase in gold equivalent production for Q2 2021
July 24, 2021 | markets.businessinsider.com

McEwen Mining (NYSE:MUX) Shares Cross Above Two Hundred Day Moving Average of $0.00
July 23, 2021 | americanbankingnews.com

McEwen Mining: A Better Quarter, But Output Still Below FY2019 Levels
July 22, 2021 | seekingalpha.com

McEwen Mining (NYSE:MUX) Receives Buy Rating from HC Wainwright
July 14, 2021 | americanbankingnews.com

Roth Capital Boosts McEwen Mining (NYSE:MUX) Price Target to $2.10
July 14, 2021 | americanbankingnews.com

McEwen Mining (NYSE:MUX) Shares Gap Up on Analyst Upgrade
July 14, 2021 | americanbankingnews.com

McEwen Mining (NYSE:MUX) Shares Down 6.3%
July 8, 2021 | americanbankingnews.com

McEwen Mining (NYSE:MUX) Shares Gap Down to $1.41
July 7, 2021 | americanbankingnews.com

McEwen Mining (NYSE:MUX) Stock Rating Reaffirmed by HC Wainwright
July 7, 2021 | americanbankingnews.com

McEwen Mining (NYSE:MUX) Shares Gap Up to $1.41
July 6, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Gold & silver ores
Sub-IndustryPrecious Metals & Minerals
SectorBasic Materials
Current SymbolNYSE:MUX
Previous SymbolNYSE:UXG
CUSIP58039P10
CIK314203
Webwww.mcewenmining.com
Phone866-441-0690
Employees427
Year FoundedN/A

Sales & Book Value

Annual Sales$104.79 million
Price / Sales4.95
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.88 per share
Price / Book1.28

Profitability

EPS (Most Recent Fiscal Year)($0.17)
Net Income$-152,320,000.00
Net Margins-67.54%
Return on Equity-17.23%
Return on Assets-12.87%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares459,190,000
Market Cap$518.88 million
Next Earnings Date8/5/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.16 out of 5 stars

Basic Materials Sector

327th out of 920 stocks

Gold & Silver Ores Industry

57th out of 92 stocks

3.5 Analyst's Opinion

Consensus Rating
McEwen Mining has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.93, McEwen Mining has a forecasted upside of 70.4% from its current price of $1.13.
Amount of Analyst Coverage
McEwen Mining has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
McEwen Mining has received 307 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
McEwen Mining has received 349 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
McEwen Mining has received 53.20% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about McEwen Mining and other stocks. Vote “Outperform” if you believe MUX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MUX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
McEwen Mining does not currently pay a dividend.
Dividend Growth
McEwen Mining does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, McEwen Mining insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 18.50% of the stock of McEwen Mining is held by insiders.
Percentage Held by Institutions
Only 23.05% of the stock of McEwen Mining is held by institutions.

0.0 Earnings and Valuation

Earnings Growth
Earnings for McEwen Mining are expected to decrease in the coming year, from ($0.08) to ($0.11) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of McEwen Mining is -7.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of McEwen Mining is -7.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
McEwen Mining has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

McEwen Mining (NYSE:MUX) Frequently Asked Questions

Is McEwen Mining a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for McEwen Mining in the last twelve months. 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 stocks does MarketBeat like better than McEwen Mining?

Wall Street analysts have given McEwen Mining a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but McEwen Mining wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is McEwen Mining's next earnings date?

McEwen Mining is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for McEwen Mining.

How were McEwen Mining's earnings last quarter?

McEwen Mining Inc (NYSE:MUX) released its quarterly earnings data on Monday, May, 10th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.01. The basic materials company had revenue of $23.74 million for the quarter, compared to the consensus estimate of $24.50 million. McEwen Mining had a negative net margin of 67.54% and a negative trailing twelve-month return on equity of 17.23%.
View McEwen Mining's earnings history.

How has McEwen Mining's stock price been impacted by COVID-19 (Coronavirus)?

McEwen Mining's stock was trading at $0.7986 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MUX stock has increased by 41.5% and is now trading at $1.13.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for MUX?

2 Wall Street analysts have issued 12-month price objectives for McEwen Mining's shares. Their forecasts range from $1.75 to $2.10. On average, they expect McEwen Mining's share price to reach $1.93 in the next year. This suggests a possible upside of 70.4% from the stock's current price.
View analysts' price targets for McEwen Mining or view top-rated stocks among Wall Street analysts.

Who are McEwen Mining's key executives?

McEwen Mining's management team includes the following people:

Mr. Robert Ross McEwen, Chairman & CEO (Age 69)
Mr. Christopher Alexander Stewart P.Eng., P. Eng, Pres & COO (Age 50)
Mr. Donald Brown, Technical Consultant (Age 61)
Mr. Sylvain Guérard, Sr. VP of Exploration (Age 55)
Dr. Merushe Verli CPA, C.A., CPA, CPA, -CA, CA, Chief Financial Officer

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.

Who are some of McEwen Mining's key competitors?

Some companies that are related to McEwen Mining include Coeur Mining (CDE), MAG Silver (MAG), Eldorado Gold (EGO), Sandstorm Gold (SAND), Seabridge Gold (SA), Fortuna Silver Mines (FSM), IAMGOLD (IAG), SilverCrest Metals (SILV), Orla Mining (ORLA), DRDGOLD (DRD), Silvercorp Metals (SVM), Endeavour Silver (EXK), Maverix Metals (MMX), Maverix Metals (MMX) and Copper Mountain Mining (CPPMF).
View all of MUX's competitors.

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), (SAND), 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."

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 $1.13.

How much money does McEwen Mining make?

McEwen Mining has a market capitalization of $518.88 million and generates $104.79 million in revenue each year. The basic materials company earns $-152,320,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.

How many employees does McEwen Mining have?

McEwen Mining employs 427 workers across the globe.

What is McEwen Mining's official website?

The official website for McEwen Mining is www.mcewenmining.com.

Where are McEwen Mining's headquarters?

McEwen Mining is headquartered at 150 KING STREET WEST SUITE 2800, TORONTO A6, M5H 1J9.

How can I contact McEwen Mining?

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]

This page was last updated on 7/25/2021 by MarketBeat.com Staff

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