NYSE:MUXMetals and Mining
McEwen (MUX) Stock May Be Below Fair Value After Strong Q2 Results
McEwen stock has delivered a 157.9% return over the past three years, yet the valuation checks paint a more mixed picture that stops short of calling it a clear bargain or clearly expensive at the current share price of US$18.26.
Over the past three years, McEwen has returned 157.9%, which puts recent short-term moves into the context of a strong multi-year run.
Recent progress on key gold and copper projects and new PhotonAssay laboratory capacity can support expectations for future...