McEwen Inc.

LSE:0JZT Stock Report

Market Cap: US$628.4m

McEwen Valuation

Is 0JZT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0JZT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$45.96
Fair Value
75.3% undervalued intrinsic discount
4
Number of Analysts

Below Fair Value: 0JZT ($11.33) is trading below our estimate of fair value ($45.96)

Significantly Below Fair Value: 0JZT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0JZT?

Key metric: As 0JZT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0JZT. This is calculated by dividing 0JZT's market cap by their current revenue.
What is 0JZT's PS Ratio?
PS Ratio3.7x
SalesUS$168.95m
Market CapUS$628.42m

Price to Sales Ratio vs Peers

How does 0JZT's PS Ratio compare to its peers?

The above table shows the PS ratio for 0JZT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.6x
ALTN AltynGold
2.4xn/aUK£167.8m
SRB Serabi Gold
1.9x4.82%UK£141.6m
PAF Pan African Resources
4.1x17.55%UK£1.1b
HOC Hochschild Mining
2x8.44%UK£1.4b
0JZT McEwen
3.7x9.01%US$628.4m

Price-To-Sales vs Peers: 0JZT is expensive based on its Price-To-Sales Ratio (3.7x) compared to the peer average (2.6x).

Price to Sales Ratio vs Industry

How does 0JZT's PS Ratio compare vs other companies in the GB Metals and Mining Industry?

17 CompaniesPrice / SalesEstimated GrowthMarket Cap
GLEN Glencore
0.2x0.50%US$51.93b
ENPL En+ Group International
0.3x1.57%US$4.67b
NLMK Novolipetsk Steel
0.3xn/aUS$4.08b
EVR EVRAZ
0.1x-8.51%US$1.42b
0JZT 3.7xIndustry Avg. 2.1xNo. of Companies17PS0246810+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0JZT is expensive based on its Price-To-Sales Ratio (3.7x) compared to the UK Metals and Mining industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is 0JZT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0JZT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.7x
Fair PS Ratio1.7x

Price-To-Sales vs Fair Ratio: 0JZT is expensive based on its Price-To-Sales Ratio (3.7x) compared to the estimated Fair Price-To-Sales Ratio (1.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0JZT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$11.33
US$15.06
+32.94%
5.55%US$16.00US$13.75n/a4
Jul ’26US$9.43
US$15.06
+59.73%
5.55%US$16.00US$13.75n/a4
Jun ’26n/a
US$14.31
0%
11.00%US$16.00US$12.00n/a4
May ’26n/a
US$15.06
0%
14.00%US$18.00US$12.50n/a4
Apr ’26n/a
US$14.56
0%
14.18%US$18.00US$12.50n/a4
Mar ’26US$6.87
US$14.81
+115.60%
12.93%US$18.00US$13.00n/a4
Feb ’26US$8.35
US$14.81
+77.45%
12.93%US$18.00US$13.00n/a4
Jan ’26US$7.76
US$14.63
+88.52%
18.31%US$19.00US$12.00n/a4
Dec ’25US$8.35
US$14.44
+72.93%
19.45%US$19.00US$12.00n/a4
Nov ’25US$9.32
US$13.56
+45.56%
9.07%US$15.00US$12.00n/a4
Oct ’25US$9.29
US$13.38
+43.99%
10.37%US$15.00US$12.00n/a4
Sep ’25US$9.10
US$13.38
+47.06%
10.37%US$15.00US$12.00n/a4
Aug ’25US$8.90
US$13.38
+50.23%
10.37%US$15.00US$12.00n/a4
Jul ’25US$9.06
US$13.38
+47.67%
10.37%US$15.00US$12.00US$9.434
Jun ’25US$11.92
US$13.13
+10.13%
9.48%US$15.00US$12.00n/a4
May ’25US$11.47
US$11.88
+3.53%
12.05%US$13.50US$10.00n/a4
Apr ’25US$9.94
US$11.75
+18.22%
11.06%US$13.00US$10.00n/a4
Mar ’25US$6.96
US$13.13
+88.58%
25.04%US$18.50US$10.00US$6.874
Feb ’25US$6.91
US$13.56
+96.27%
21.67%US$18.50US$11.00US$8.354
Jan ’25US$7.21
US$13.56
+88.11%
21.67%US$18.50US$11.00US$7.764
Dec ’24US$7.70
US$13.56
+76.08%
21.67%US$18.50US$11.00US$8.354
Nov ’24US$6.49
US$14.31
+120.70%
25.17%US$20.50US$11.75US$9.324
Oct ’24US$6.38
US$13.19
+106.72%
25.69%US$19.00US$10.75US$9.294
Sep ’24US$7.80
US$13.19
+69.05%
25.69%US$19.00US$10.75US$9.104
Aug ’24US$8.02
US$13.06
+62.90%
24.30%US$18.50US$10.75US$8.904
Jul ’24US$7.15
US$13.06
+82.69%
24.30%US$18.50US$10.75US$9.064
AnalystConsensusTarget
Consensus Narrative from 4 Analysts
US$14.66
Fair Value
22.7% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/23 01:31
End of Day Share Price 2025/07/21 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

McEwen Inc. is covered by 14 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob SekelskyAlliance Global Partners
Adam GrafB. Riley Securities, Inc.
null nullCantor Fitzgerald Canada Corporation