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McEwen Mining NYSE:MUX Stock Report

Last Price

US$7.98

Market Cap

US$415.5m

7D

-5.2%

1Y

4.9%

Updated

20 Dec, 2024

Data

Company Financials +

MUX Stock Overview

Engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. More details

MUX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

McEwen Mining Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for McEwen Mining
Historical stock prices
Current Share PriceUS$7.98
52 Week HighUS$12.50
52 Week LowUS$5.92
Beta1.42
1 Month Change-5.23%
3 Month Change-14.74%
1 Year Change4.86%
3 Year Change-12.31%
5 Year Change-34.59%
Change since IPO-92.49%

Recent News & Updates

Is There An Opportunity With McEwen Mining Inc.'s (NYSE:MUX) 39% Undervaluation?

Dec 04
Is There An Opportunity With McEwen Mining Inc.'s (NYSE:MUX) 39% Undervaluation?

Earnings Update: McEwen Mining Inc. (NYSE:MUX) Just Reported And Analysts Are Boosting Their Estimates

Nov 09
Earnings Update: McEwen Mining Inc. (NYSE:MUX) Just Reported And Analysts Are Boosting Their Estimates

Recent updates

Is There An Opportunity With McEwen Mining Inc.'s (NYSE:MUX) 39% Undervaluation?

Dec 04
Is There An Opportunity With McEwen Mining Inc.'s (NYSE:MUX) 39% Undervaluation?

Earnings Update: McEwen Mining Inc. (NYSE:MUX) Just Reported And Analysts Are Boosting Their Estimates

Nov 09
Earnings Update: McEwen Mining Inc. (NYSE:MUX) Just Reported And Analysts Are Boosting Their Estimates

Getting In Cheap On McEwen Mining Inc. (NYSE:MUX) Is Unlikely

Oct 23
Getting In Cheap On McEwen Mining Inc. (NYSE:MUX) Is Unlikely

McEwen Mining: Bright Prospects Driven By Bullish Gold, Possibility Of A Dip (Rating Downgrade)

Oct 09

Pinning Down McEwen Mining Inc.'s (NYSE:MUX) P/S Is Difficult Right Now

Jul 24
Pinning Down McEwen Mining Inc.'s (NYSE:MUX) P/S Is Difficult Right Now

McEwen Mining: Shares Oversold, Now More Attractive With Better Prospects

Jul 03

McEwen Mining's (NYSE:MUX) Earnings Aren't As Good As They Appear

May 21
McEwen Mining's (NYSE:MUX) Earnings Aren't As Good As They Appear

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

Shareholder Returns

MUXUS Metals and MiningUS Market
7D-5.2%-6.6%-2.4%
1Y4.9%-5.5%23.3%

Return vs Industry: MUX exceeded the US Metals and Mining industry which returned -5.5% over the past year.

Return vs Market: MUX underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is MUX's price volatile compared to industry and market?
MUX volatility
MUX Average Weekly Movement7.5%
Metals and Mining Industry Average Movement8.1%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: MUX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MUX's weekly volatility (7%) 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$415.47m
Earnings (TTM)US$102.99m
Revenue (TTM)US$199.63m

4.1x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MUX income statement (TTM)
RevenueUS$199.63m
Cost of RevenueUS$133.40m
Gross ProfitUS$66.23m
Other Expenses-US$36.76m
EarningsUS$102.99m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.95
Gross Margin33.18%
Net Profit Margin51.59%
Debt/Equity Ratio8.0%

How did MUX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 08:17
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

McEwen Mining Inc. is covered by 13 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