McEwen Mining (MUX) Stock Price, News & Analysis

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for McEwen Mining in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MUX shares.
View MUX analyst ratings or view top-rated stocks.

2 brokerages have issued 1-year target prices for McEwen Mining's stock. Their MUX share price targets range from $10.75 to $13.00. On average, they anticipate the company's share price to reach $11.92 in the next year. This suggests a possible upside of 6.2% from the stock's current price.
View analysts price targets for MUX or view top-rated stocks among Wall Street analysts.

McEwen Mining's stock was trading at $7.21 at the beginning of 2024. Since then, MUX stock has increased by 55.6% and is now trading at $11.22.
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McEwen Mining saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,110,000 shares, an increase of 25.4% from the February 29th total of 885,200 shares. Based on an average trading volume of 566,700 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.8% of the shares of the stock are short sold.
View McEwen Mining's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our MUX earnings forecast.

McEwen Mining Inc (NYSE:MUX) issued its earnings results on Thursday, February, 29th. The basic materials company reported $2.90 EPS for the quarter, beating the consensus estimate of ($0.32) by $3.22. The basic materials company earned $58.68 million during the quarter, compared to the consensus estimate of $53 million. McEwen Mining had a trailing twelve-month return on equity of 19.20% and a net margin of 32.92%.

McEwen Mining (NYSE:MUX) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 0.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MUX.

ETFs with the largest weight of McEwen Mining (NYSE:MUX) stock in their portfolio include Global X Silver Miners ETF (SIL), Global X Gold Explorers ETF (GOEX) and Sprott Junior Gold Miners ETF (SGDJ).Amplify Junior Silver Miners ETF (SILJ).

McEwen Mining shares reverse split before market open on Tuesday, July 26th 2022. The 1-10 reverse split was announced on Tuesday, July 26th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, July 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

6 employees have rated McEwen Mining Chief Executive Officer Rob McEwen on Glassdoor.com. Rob McEwen has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other McEwen Mining investors own include First Majestic Silver (AG), Yamana Gold (AUY), Coeur Mining (CDE), Hecla Mining (HL), Northern Dynasty Minerals (NAK), Pretium Resources (PVG), Eldorado Gold (EGO), IAMGOLD (IAG) and B2Gold (BTG).

Shares of MUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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