National Bank Financial Weighs in on McEwen Q2 Earnings

McEwen Inc. (NYSE:MUX) (TSE:MUX) – National Bank Financial issued their Q2 2025 earnings estimates for shares of McEwen in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco expects that the basic materials company will earn $0.08 per share for the quarter. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for McEwen’s current full-year earnings is ($0.72) per share.

A number of other analysts have also recently commented on MUX. Roth Mkm dropped their price target on McEwen from $13.00 to $12.50 and set a “buy” rating on the stock in a research report on Friday, March 21st. Roth Capital set a $15.00 target price on McEwen and gave the company a “buy” rating in a report on Tuesday, July 1st. National Bankshares reissued an “outperform” rating on shares of McEwen in a research report on Wednesday. Wall Street Zen cut shares of McEwen from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. Finally, HC Wainwright dropped their price target on McEwen from $18.00 to $15.50 and set a “buy” rating for the company in a research note on Friday, May 9th. One analyst has rated the stock with a sell rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $14.33.

McEwen Stock Performance

Shares of MUX opened at $10.94 on Friday. The firm has a market capitalization of $590.65 million, a PE ratio of -19.19 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.35 and a quick ratio of 1.89. The company has a 50-day simple moving average of $9.27 and a two-hundred day simple moving average of $8.27. McEwen has a one year low of $6.38 and a one year high of $11.46.

McEwen (NYSE:MUX) (TSE:MUX) last announced its quarterly earnings results on Wednesday, May 7th. The basic materials company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.02. The company had revenue of $35.70 million for the quarter, compared to the consensus estimate of $39.06 million. McEwen had a negative return on equity of 6.03% and a negative net margin of 17.51%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Private Advisor Group LLC boosted its stake in shares of McEwen by 16.6% during the first quarter. Private Advisor Group LLC now owns 14,743 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 2,098 shares during the period. New Age Alpha Advisors LLC purchased a new position in McEwen in the fourth quarter valued at about $38,000. Aquatic Capital Management LLC raised its stake in shares of McEwen by 357.9% during the 4th quarter. Aquatic Capital Management LLC now owns 7,327 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 5,727 shares in the last quarter. American Century Companies Inc. grew its stake in McEwen by 8.8% during the 4th quarter. American Century Companies Inc. now owns 92,346 shares of the basic materials company’s stock worth $718,000 after buying an additional 7,492 shares during the last quarter. Finally, Total Wealth Planning & Management Inc. acquired a new position in shares of McEwen during the fourth quarter valued at about $96,000. Hedge funds and other institutional investors own 17.03% of the company’s stock.

McEwen 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.