NYSE:MUX

McEwen Mining Stock Forecast, Price & News

$0.96

-0.02 (-2.05 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$0.95

Now: $0.96▼

$0.98

50-Day Range

$0.96

MA: $1.00▼

$1.07

52-Week Range

$0.53

Now: $0.96▼

$1.53

Volume5.58 million shs

Average Volume3.65 million shs

Market Capitalization$391.10 million

P/E RatioN/A

Dividend YieldN/A

Beta0.97

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.

MarketRank^™

Overall MarketRank^™

1.58 out of 5 stars

Basic Materials Sector

96th out of 652 stocks

Gold & Silver Ores Industry

20th out of 54 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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.83, McEwen Mining has a forecasted upside of 196.2% from its current price of $0.96.
Amount of Analyst Coverage
McEwen Mining has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
McEwen Mining has received 302 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
McEwen Mining has received 344 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
McEwen Mining has received 53.25% “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.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, McEwen Mining insiders have bought more of their company's stock than they have sold. Specifically, they have bought $10,480.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 21.10% of the stock of McEwen Mining is held by insiders.
Percentage Held by Institutions
Only 16.02% of the stock of McEwen Mining is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for McEwen Mining are expected to grow in the coming year, from ($0.13) to ($0.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of McEwen Mining is -2.45, 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 -2.45, 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 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Debt

Debt-to-Equity Ratio0.13

Current Ratio1.60

Quick Ratio0.65

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$117.02 million

Price / Sales3.34

Cash FlowN/A

Price / Cash FlowN/A

Book Value$1.25 per share

Price / Book0.77

Profitability

EPS (Most Recent Fiscal Year)($0.17)

Net Income$-59,750,000.00

Net Margins-140.63%

Return on Equity-16.86%

Return on Assets-12.95%

Miscellaneous

Outstanding Shares408,840,000

Market Cap$391.10 million

Next Earnings Date3/15/2021 (Estimated)

OptionableOptionable

$0.96

-0.02 (-2.05 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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McEwen Mining (NYSE:MUX) Frequently Asked Questions

How has McEwen Mining's stock been impacted by COVID-19?

McEwen Mining's stock was trading at $0.7986 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MUX shares have increased by 19.8% and is now trading at $0.9566.
View which stocks have been most impacted by COVID-19.

Is McEwen Mining a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for McEwen Mining in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" McEwen Mining stock.
View analyst ratings for McEwen Mining or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than McEwen Mining?

Wall Street analysts have given McEwen Mining a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but McEwen Mining wasn't one of them. MarketBeat thinks these five stocks 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 Monday, March 15th 2021.
View our earnings forecast for McEwen Mining.

How were McEwen Mining's earnings last quarter?

McEwen Mining Inc (NYSE:MUX) announced its quarterly earnings data on Thursday, November, 5th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.00. The basic materials company earned $27.40 million during the quarter, compared to analysts' expectations of $27.60 million. McEwen Mining had a negative return on equity of 16.86% and a negative net margin of 140.63%.
View McEwen Mining's earnings history.

What price target have analysts set for MUX?

3 brokers have issued 1 year price targets for McEwen Mining's stock. Their forecasts range from $2.00 to $4.00. On average, they anticipate McEwen Mining's stock price to reach $2.83 in the next twelve months. This suggests a possible upside of 196.2% from the stock's current price.
View analysts' price targets for McEwen Mining or view Wall Street analyst' top-rated stocks.

Who are some of McEwen Mining's key competitors?

Some companies that are related to McEwen Mining include Fortuna Silver Mines (FSM), Seabridge Gold (SA), Sandstorm Gold (SAND), Maverix Metals (MMX), DRDGOLD (DRD), Endeavour Silver (EXK), Maverix Metals (MMX), Metalla Royalty & Streaming (MTA), Hycroft Mining (HYMC), Golden Star Resources (GSS), Alexco Resource (AXU), Northern Dynasty Minerals (NAK), Corvus Gold (KOR), Corvus Gold (CORVF) and Fury Gold Mines (AUG).
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).

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 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.

What is McEwen Mining's stock price today?

One share of MUX stock can currently be purchased for approximately $0.96.

How big of a company is McEwen Mining?

McEwen Mining has a market capitalization of $391.10 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.

What is McEwen Mining's official website?

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

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 1/17/2021 by MarketBeat.com Staff

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