company background image
MUX logo

McEwen Mining NYSE:MUX Stock Report

Last Price

US$12.26

Market Cap

US$605.8m

7D

9.3%

1Y

49.5%

Updated

26 Apr, 2024

Data

Company Financials +

MUX Stock Overview

McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina.

MUX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

McEwen Mining Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for McEwen Mining
Historical stock prices
Current Share PriceUS$12.26
52 Week HighUS$12.50
52 Week LowUS$5.92
Beta1.55
1 Month Change27.31%
3 Month Change81.09%
1 Year Change49.51%
3 Year Change2.17%
5 Year Change-12.43%
Change since IPO-88.46%

Recent News & Updates

McEwen Mining: Gold Breakout Boosts Margins, But No Longer Cheap

Apr 16

Subdued Growth No Barrier To McEwen Mining Inc. (NYSE:MUX) With Shares Advancing 27%

Mar 14
Subdued Growth No Barrier To McEwen Mining Inc. (NYSE:MUX) With Shares Advancing 27%

McEwen Mining: Suitable For Gold Rally At Lower Share Price

Mar 11

Recent updates

McEwen Mining: Gold Breakout Boosts Margins, But No Longer Cheap

Apr 16

Subdued Growth No Barrier To McEwen Mining Inc. (NYSE:MUX) With Shares Advancing 27%

Mar 14
Subdued Growth No Barrier To McEwen Mining Inc. (NYSE:MUX) With Shares Advancing 27%

McEwen Mining: Suitable For Gold Rally At Lower Share Price

Mar 11

McEwen Mining: Tracking To Low End Of 2023 Guidance

Dec 20

McEwen Mining: It Is All About The Los Azules Project

Oct 12

McEwen Mining: Further Margin Compression In Q2

Aug 18

McEwen Mining: Limited Margin Of Safety At Current Levels

Aug 01

McEwen Mining: The Stock Is Now Expensive

Jul 24

McEwen Mining: An Inferior Way To Buy The Dip

May 23

McEwen Mining: Share Dilution And High Costs, But Rising Gold Prices Could Raise Margins

Feb 15

McEwen Mining: Don't Chase The Stock Here

Jan 05

McEwen Mining Q3 Earnings Preview

Nov 07

McEwen Mining Has Upside Potential

Oct 21

McEwen Mining Q2 Earnings Preview

Aug 10

McEwen Mining: Cheap For A Reason

Aug 02

McEwen Mining: 1 For 10 Reverse Split Was The Last Blow

Jul 25

McEwen Mining announces 1-for-10 reverse split, effective July 26

Jul 12

McEwen Mining: An Inferior Way To Buy The Dip

May 20

McEwen Mining: The Fox Complex Keeps On Giving

Mar 31

McEwen Mining: Limited Downside At Current Metals Prices

Mar 07

McEwen Mining: A Whiff On The Fox PEA

Feb 08

McEwen Mining: A Year Of Improvement With Guidance Met

Feb 01

McEwen Mining: The Balance Sheet Is Mediocre, But Gold Production Is Increasing

Dec 30

McEwen Mining: Progressing Slowly

Oct 11

Is McEwen Mining (NYSE:MUX) A Risky Investment?

Sep 21
Is McEwen Mining (NYSE:MUX) A Risky Investment?

McEwen Mining: Costs Improve In Q2, But Still At Industry-Lagging Levels

Aug 23

Shareholder Returns

MUXUS Metals and MiningUS Market
7D9.3%-1.1%1.0%
1Y49.5%19.2%21.9%

Return vs Industry: MUX exceeded the US Metals and Mining industry which returned 19.2% over the past year.

Return vs Market: MUX exceeded the US Market which returned 21.9% over the past year.

Price Volatility

Is MUX's price volatile compared to industry and market?
MUX volatility
MUX Average Weekly Movement8.8%
Metals and Mining Industry Average Movement8.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: MUX's share price has been volatile over the past 3 months.

Volatility Over Time: MUX's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19791,977Rob McEwenwww.mcewenmining.com

McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. It holds a 100% interest in the Tonkin property and Gold Bar mine located in Nevada, United States; the Froome mine, the Stock West project, and the Grey Fox, as well as the Fox Complex comprising 118 parcels representing patents and leases and 163 unpatented mining claims totaling 27 square miles in mining rights, and 11 square miles in surface rights located in Ontario, Canada; and the El Gallo Project and Fenix silver-gold project located in Sinaloa, Mexico.

McEwen Mining Inc. Fundamentals Summary

How do McEwen Mining's earnings and revenue compare to its market cap?
MUX fundamental statistics
Market capUS$605.75m
Earnings (TTM)US$55.30m
Revenue (TTM)US$166.23m

11.0x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MUX income statement (TTM)
RevenueUS$166.23m
Cost of RevenueUS$201.87m
Gross Profit-US$35.64m
Other Expenses-US$90.93m
EarningsUS$55.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.12
Gross Margin-21.44%
Net Profit Margin33.27%
Debt/Equity Ratio8.0%

How did MUX perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.