McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver in the United States, Canada, Mexico, and Argentina. More Details
Adequate balance sheet with limited growth.
Share Price & News
How has McEwen Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MUX's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: MUX underperformed the US Metals and Mining industry which returned 24.1% over the past year.
Return vs Market: MUX underperformed the US Market which returned 18.5% over the past year.
Price Volatility Vs. Market
How volatile is McEwen Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StMcEwen Mining Inc. (NYSE:MUX) Analysts Just Cut Their EPS Forecasts By 608%
7 months ago | Simply Wall StMcEwen Mining Inc. (NYSE:MUX) Just Reported And Analysts Have Been Cutting Their Estimates
7 months ago | Simply Wall StCould McEwen Mining Inc.'s (NYSE:MUX) Investor Composition Influence The Stock Price?
Is McEwen Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MUX ($1.09) is trading above our estimate of fair value ($0.14)
Significantly Below Fair Value: MUX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MUX is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: MUX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MUX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MUX is good value based on its PB Ratio (1.1x) compared to the US Metals and Mining industry average (1.5x).
How is McEwen Mining forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MUX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MUX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MUX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MUX's revenue (59.4% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: MUX's revenue (59.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MUX's Return on Equity is forecast to be high in 3 years time
How has McEwen Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MUX is currently unprofitable.
Growing Profit Margin: MUX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MUX is unprofitable, and losses have increased over the past 5 years at a rate of 2.4% per year.
Accelerating Growth: Unable to compare MUX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MUX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-39.6%).
Return on Equity
High ROE: MUX has a negative Return on Equity (-40.66%), as it is currently unprofitable.
How is McEwen Mining's financial position?
Financial Position Analysis
Short Term Liabilities: MUX's short term assets ($58.2M) exceed its short term liabilities ($32.7M).
Long Term Liabilities: MUX's short term assets ($58.2M) do not cover its long term liabilities ($89.3M).
Debt to Equity History and Analysis
Debt Level: MUX's debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: MUX's debt to equity ratio has increased from 1.3% to 12.5% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MUX has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MUX is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
What is McEwen Mining current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MUX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MUX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MUX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MUX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MUX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MUX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob McEwen (70 yo)
Mr. Robert Ross McEwen, also known as Rob, is Chief Owner of McEwen Mining Inc. and has been its Chief Executive Officer since August 18, 2005 and serves as its President. He served as President of of McEw ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD3.43K) is below average for companies of similar size in the US market ($USD1.93M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
|Senior Vice President of Exploration||3.5yrs||US$454.22k||0.0059% |
|Vice President of Finance||4.83yrs||US$277.52k||0.0039% |
|Chief Financial Officer||0.083yr||no data||no data|
|Chief Operating Officer||0.50yr||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|General Counsel & Secretary||5.17yrs||no data||0.018% |
|Vice President of Corporate Development||1.25yrs||US$663.36k||0.0024% |
|Exploration Manager||no data||no data||no data|
|Chief Exploration Geologist of Nevada||no data||no data||no data|
|General Manager for Nevada||1.42yrs||no data||no data|
|General Manager Ontario Operations||no data||no data||no data|
Experienced Management: MUX's management team is considered experienced (2.5 years average tenure).
|Independent Director||6.42yrs||US$87.36k||0.010% |
|Independent Director||8.5yrs||US$87.36k||0.11% |
|Independent Director||8.75yrs||US$84.36k||0.14% |
|Independent Director||3.5yrs||US$82.36k||0.0085% |
|Independent Director||8.5yrs||US$92.36k||0% |
|Independent Director||15.75yrs||US$84.36k||0.018% |
|Independent Director||15.75yrs||US$87.36k||0.017% |
Experienced Board: MUX's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.9%.
McEwen Mining Inc.'s company bio, employee growth, exchange listings and data sources
- Name: McEwen Mining Inc.
- Ticker: MUX
- Exchange: NYSE
- Founded: 1979
- Industry: Gold
- Sector: Materials
- Market Cap: US$445.579m
- Shares outstanding: 408.79m
- Website: https://www.mcewenmining.com
Number of Employees
- McEwen Mining Inc.
- 150 King Street West
- Suite 2800
- M5H 1J9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MUX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||May 1980|
|US8A||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 1980|
|MUX||TSX (The Toronto Stock Exchange)||Yes||Common Stock||CA||CAD||May 1980|
|MUX *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||May 1980|
|0JZT||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||May 1980|
|US8A||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||May 1980|
|MUX||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||May 1980|
McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver in the United States, Canada, Mexico, and Argentina. The company explores for copper deposits. It owns 10 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 23:44|
|End of Day Share Price||2020/10/21 00:00|
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.