McEwen Mining FY2024 EPS Forecast Lifted by HC Wainwright

McEwen Mining Inc (TSE:MUX) (NYSE:MUX) – Investment analysts at HC Wainwright boosted their FY2024 earnings per share (EPS) estimates for McEwen Mining in a research report issued to clients and investors on Thursday, November 7th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.83) for the year, up from their prior estimate of ($1.21). The consensus estimate for McEwen Mining’s current full-year earnings is $0.07 per share. HC Wainwright also issued estimates for McEwen Mining’s FY2025 earnings at ($0.21) EPS.

McEwen Mining Stock Down 5.1 %

Shares of McEwen Mining stock opened at C$12.40 on Monday. McEwen Mining has a twelve month low of C$8.05 and a twelve month high of C$17.08. The stock has a market cap of C$657.08 million, a price-to-earnings ratio of 4.88 and a beta of 1.45. The company has a current ratio of 1.68, a quick ratio of 1.00 and a debt-to-equity ratio of 8.53. The company has a fifty day moving average price of C$13.10 and a 200 day moving average price of C$13.59.

McEwen Mining Company Profile

McEwen Mining Inc engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada.