FY2025 EPS Estimates for McEwen Mining Increased by Analyst

McEwen Mining Inc (TSE:MUX) (NYSE:MUX) – Equities research analysts at HC Wainwright boosted their FY2025 earnings estimates for McEwen Mining in a research note issued to investors on Tuesday, July 29th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of ($0.62) per share for the year, up from their prior forecast of ($0.68). The consensus estimate for McEwen Mining’s current full-year earnings is $0.07 per share.

Several other equities analysts have also recently issued reports on MUX. National Bank Financial upgraded McEwen Mining to a “strong-buy” rating in a research report on Tuesday, April 29th. National Bankshares set a C$20.00 price objective on McEwen Mining and gave the stock an “outperform” rating in a report on Wednesday, April 30th.

McEwen Mining Price Performance

Shares of TSE:MUX opened at C$13.86 on Friday. McEwen Mining has a 52 week low of C$9.13 and a 52 week high of C$16.04. The company has a 50-day moving average price of C$13.62 and a 200 day moving average price of C$11.79. The company has a market cap of C$523.91 million, a P/E ratio of 4.99 and a beta of 1.45. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 8.46.

About McEwen Mining

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.