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Mcewen Mining Inc (TSE:MUX)
TSX:MUX
Holding TSE:MUX?
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MUX Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$8.05 - C$17.08
Previous CloseC$12.25
Volume39.88K
Average Volume (3M)29.65K
Market Cap
C$643.50M
Enterprise ValueC$639.91M
Total Cash (Recent Filing)$42.65M
Total Debt (Recent Filing)$40.00M
Price to Earnings (P/E)5.1
Beta2.16
Next Earnings
Oct 30, 2024EPS Estimate
-C$0.16Last Dividend Ex-Date
Aug 24, 2018Dividend YieldN/A
Share Statistics
EPS (TTM)2.38
Shares Outstanding51,085,515
10 Day Avg. Volume36,362
30 Day Avg. Volume29,650
Standard Deviation0.18
R-Squared0.18
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.32
Price to Sales (P/S)2.45
Price to Cash Flow (P/CF)31.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.44
Enterprise Value/Gross Profit35.99
Enterprise Value/Ebitda-54.83
Forecast
1Y Price Target
C$18.40Price Target Upside46.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
McEwen Mining News
PremiumCompany Announcements
McEwen Mining Unveils High-Grade Gold at Grey Fox
PremiumPress Releases
McEwen Mining: Grey Fox Exploration Update
PremiumCompany Announcements
McEwen Copper Secures Renewable Energy for Argentina ProjectPremiumPress Releases
100% Renewable Energy for Los Azules
PremiumCompany Announcements
McEwen Mining Highlights Argentina’s Mining Potential
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthThe firm's balance sheet has been further strengthened with an increase in cash and cash equivalents to $40.7 million.
Financial PerformanceA significant turnaround was achieved with a gross profit of $10.9 million compared to a gross loss of $3.5 million in the previous quarter.
Revenue GrowthThe company reported a 19% year-over-year increase in revenue, driven by a 13% increase in gold equivalent ounces sold.
Bears Say
Cost IncreaseCash costs and all-in sustaining costs (AISC) per GEO sold at the Fox Complex increased to $1,588/GEO (+28% YoY) and $1,874/GEO (+37% YoY), respectively.
Investment LossThe firm’s net loss for the quarter was primarily driven by a $16.8M loss related to the firm's investment in McEwen Copper.
Production ShortfallProduction of 7,486 GEOs at the Fox Complex came in below expectations due to lower than anticipated grades.
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MUX FAQ
What was Mcewen Mining Inc’s price range in the past 12 months?
Mcewen Mining Inc lowest stock price was C$8.05 and its highest was C$17.08 in the past 12 months.
What is Mcewen Mining Inc’s market cap?
Currently, no data Available
When is Mcewen Mining Inc’s upcoming earnings report date?
Mcewen Mining Inc’s upcoming earnings report date is Oct 30, 2024 which is in 40 days.
How were Mcewen Mining Inc’s earnings last quarter?
Mcewen Mining Inc released its earnings results on Aug 08, 2024. The company reported -C$0.353 earnings per share for the quarter, missing the consensus estimate of -C$0.319 by -C$0.034.
Is Mcewen Mining Inc overvalued?
According to Wall Street analysts Mcewen Mining Inc’s price is currently Undervalued.
Does Mcewen Mining Inc pay dividends?
Mcewen Mining Inc pays a Semiannually dividend of C$0.05 which represents an annual dividend yield of N/A. See more information on Mcewen Mining Inc dividends here
What is Mcewen Mining Inc’s EPS estimate?
Mcewen Mining Inc’s EPS estimate is -C$0.16.
How many shares outstanding does Mcewen Mining Inc have?
Mcewen Mining Inc has 52,985,477 shares outstanding.
What happened to Mcewen Mining Inc’s price movement after its last earnings report?
Mcewen Mining Inc reported an EPS of -C$0.353 in its last earnings report, missing expectations of -C$0.319. Following the earnings report the stock price went up 1.778%.
Which hedge fund is a major shareholder of Mcewen Mining Inc?
Among the largest hedge funds holding Mcewen Mining Inc’s share is Graham Capital Management, L.P.. It holds Mcewen Mining Inc’s shares valued at 609K.
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McEwen Mining Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$18.40 (46.98% Upside)
C$18.40 (46.98% Upside)
Blogger Sentiment
Bullish
TSE:MUX Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 19.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $161.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 60.0%
Last 30 Days ▲ 60.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
23.92%
12-Months-Change
Fundamentals
Return on Equity
20.30%
Trailing 12-Months
Asset Growth
8.76%
Trailing 12-Months
Company Description
Mcewen Mining Inc
McEwen Mining, Inc. is a mining and minerals production and exploration company, which focuses on base metals in Argentina, Mexico and the United States. It operates through the following geographical segments: Mexico, MSC, Nevada, Los Azules, Canada and Other. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.
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MUX Earnings Call
Q2 2024
0:00 / 0:00
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MUX Stock 12 Month Forecast
Average Price Target
C$18.40
▲(46.98% Upside)
Technical Analysis
McEwen Mining
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Endeavour Silver
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Fortuna Silver Mines
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Silvercorp Metals
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Best Analysts Covering MUX
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+29.23%
reiterated a buy rating last month
Copying Heiko Ihle's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +29.23% per trade.
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