NYSE:MUX

McEwen Mining (MUX) Stock Price, News & Analysis

$12.26
+0.32 (+2.68%)
(As of 04/26/2024 08:53 PM ET)
Today's Range
$11.85
$12.50
50-Day Range
$5.94
$12.25
52-Week Range
$5.92
$12.50
Volume
1.35 million shs
Average Volume
718,457 shs
Market Capitalization
$606.13 million
P/E Ratio
10.75
Dividend Yield
N/A
Price Target
$11.92

McEwen Mining MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.8% Downside
$11.92 Price Target
Short Interest
Bearish
5.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of McEwen Mining in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.45 out of 5 stars

Basic Materials Sector

165th out of 172 stocks

Gold & Silver Ores Industry

33rd out of 35 stocks

MUX stock logo

About McEwen Mining Stock (NYSE:MUX)

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.

MUX Stock Price History

MUX Stock News Headlines

McEwen Mining (NYSE:MUX) Sets New 1-Year High at $12.27
McEwen Mining (NYSE:MUX) Trading Up 4.3%
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
MUX Apr 2024 9.000 call
MUX Mar 2024 10.000 call
MUX Mar 2024 13.000 call
Why McEwen Mining Shares Are Up Today
McEwen Mining reports FY results
McEwen Mining: 2023 Year End and Q4 Results
Earnings Outlook For McEwen Mining
Preview: McEwen Mining's Earnings
McEwen Mining 2023 Results Conference Call
McEwen Copper: Update on Assay Results at Los Azules
McEwen Mining: McEwen Copper Reports Improved Copper Recovery
MUX May 2024 11.000 call
McEwen Copper Reports Improved Copper Recovery
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/28/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
Precious Metals & Minerals
CUSIP
58039P10
Employees
427
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$11.92
High Stock Price Target
$13.00
Low Stock Price Target
$10.75
Potential Upside/Downside
-2.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$55.30 million
Pretax Margin
40.33%

Debt

Sales & Book Value

Annual Sales
$166.23 million
Cash Flow
$1.72 per share
Book Value
$10.16 per share

Miscellaneous

Free Float
40,837,000
Market Cap
$606.13 million
Optionable
Optionable
Beta
1.53

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MUX Stock Analysis - Frequently Asked Questions

Should I buy or sell McEwen Mining stock right now?

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. The consensus among Wall Street analysts is that investors should "buy" MUX shares.
View MUX analyst ratings
or view top-rated stocks.

What is McEwen Mining's stock price target for 2024?

2 brokerages have issued 1-year price objectives for McEwen Mining's shares. Their MUX share price targets range from $10.75 to $13.00. On average, they anticipate the company's stock price to reach $11.92 in the next twelve months. This suggests that the stock has a possible downside of 2.8%.
View analysts price targets for MUX
or view top-rated stocks among Wall Street analysts.

How have MUX shares performed in 2024?

McEwen Mining's stock was trading at $7.21 at the beginning of the year. Since then, MUX stock has increased by 70.0% and is now trading at $12.26.
View the best growth stocks for 2024 here
.

Are investors shorting McEwen Mining?

McEwen Mining saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,050,000 shares, an increase of 55.3% from the March 31st total of 1,320,000 shares. Based on an average daily trading volume, of 763,700 shares, the days-to-cover ratio is presently 2.7 days. Approximately 5.3% of the company's stock are short sold.
View McEwen Mining's Short Interest
.

When is McEwen Mining's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our MUX earnings forecast
.

How were McEwen Mining's earnings last quarter?

McEwen Mining Inc (NYSE:MUX) posted its quarterly earnings results on Thursday, February, 29th. The basic materials company reported $2.90 EPS for the quarter, topping analysts' consensus estimates of ($0.32) by $3.22. The basic materials company had revenue of $58.68 million for the quarter, compared to analyst estimates of $53 million. McEwen Mining had a trailing twelve-month return on equity of 19.20% and a net margin of 32.92%.

What ETFs hold McEwen Mining's stock?

ETFs with the largest weight of McEwen Mining (NYSE:MUX) stock in their portfolio include Global X Silver Miners ETF (SIL), Global X Gold Explorers ETF (GOEX) and Sprott Junior Gold Miners ETF (SGDJ).Amplify Junior Silver Miners ETF (SILJ).

When did McEwen Mining's stock split?

Shares of McEwen Mining reverse split on 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 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 Chief Executive Officer Rob McEwen on Glassdoor.com. Rob McEwen has an approval rating of 77% among the company'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).

Who are McEwen Mining's major shareholders?

McEwen Mining's stock is owned by a number of institutional and retail investors. Top institutional investors include Polunin Capital Partners Ltd (1.38%). Insiders that own company stock include Anna Man-Yue Ladd-Kruger, G Peter Mah and Ian J Ball.
View institutional ownership trends
.

How do I buy shares of McEwen Mining?

Shares of MUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does McEwen Mining have any subsidiaries?
The following companies are subsidiares of McEwen Mining: 10393444 Canada Inc., 11195581 Canada Inc., 912413 Ontario Inc., Andes Corporacion Minera S.A., Compania Minera Pangea S.A. de C.V., Gold Bar Enterprises LLC, Golden Pick LLC, International Copper Mining Inc., International Copper ULC, Las Yaretas S.A., Latin America Exploration Inc., Lexam Explorations (USA), Lexam VG Gold Inc., Los Azules Mining Inc., McEwen Mining - Minera Andes Acquisition ULC, McEwen Mining Alberta ULC, McEwen Mining Nevada Inc., Minandes S.A., Minera Andes Gold Inc., Minera Andes Inc., Minera Andes Mining Inc., Minera Andes S.A., Minera Andes Santa Cruz Inc., Minera Santa Cruz S.A, NPGUS LLC, Nevada Pacific Gold (US) Inc., Oro de Soltula S.A. de C.V., Pangea Resources, San Juan Copper Inc., Ticup LLC, Tonkin Springs Gold Mining Company, Tonkin Springs LLC, Tonkin Springs Venture Limited Partnership, U.S. Environmental Corporation, VG Holdings Inc., and WKGUS LLC.
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This page (NYSE:MUX) was last updated on 4/29/2024 by MarketBeat.com Staff

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