MUX - McEwen Mining Inc Stock Price, Fair Value and News

11.33USD+0.73 (+6.89%)Market Closed

Market Summary

USD11.33+0.73

Market Closed

6.89%

MUX Alerts

Big jump in Earnings (Y/Y)

Losses in recent quarter

MUX Stock Price

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MUX RSI Chart

MUX Valuation

Market Cap

560.2M

Price/Earnings (Trailing)

7.18

Price/Sales (Trailing)

3.24

EV/EBITDA

4.13

Price/Free Cashflow

-78.37

MUX Price/Sales (Trailing)

MUX Profitability

EBT Margin

46.92%

Return on Equity

16.16%

Return on Assets

12.21%

Free Cashflow Yield

-1.28%

MUX Fundamentals

MUX Revenue

Revenue (TTM)

172.7M

Rev. Growth (Yr)

18.63%

Rev. Growth (Qtr)

-29.74%

MUX Earnings

Earnings (TTM)

78.0M

Earnings Growth (Yr)

52.68%

Earnings Growth (Qtr)

-114.72%

Breaking Down MUX Revenue

Last 7 days

10.2%

Last 30 days

4.0%

Last 90 days

82.7%

Trailing 12 Months

45.3%

How does MUX drawdown profile look like?

MUX Financial Health

Current Ratio

1.37

Debt/Equity

0.08

Debt/Cashflow

-0.19

MUX Investor Care

Shares Dilution (1Y)

4.24%

Diluted EPS (TTM)

1.63

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	172.7M	0	0	0
2023	119.6M	123.4M	135.8M	166.2M
2022	138.3M	128.3M	117.1M	110.4M
2021	97.1M	119.5M	129.3M	136.5M
2020	132.8M	114.7M	109.4M	104.8M
2019	102.6M	105.2M	111.0M	117.0M
2018	93.9M	112.6M	126.1M	128.3M
2017	54.0M	54.5M	54.5M	67.5M
2016	71.3M	69.7M	60.6M	60.4M
2015	57.1M	61.6M	75.2M	73.0M
2014	43.6M	44.8M	41.9M	45.3M
2013	16.0M	26.0M	36.0M	46.0M
2012	0	0	0	6.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of McEwen Mining Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 29, 2023	shaver william m	acquired	-	-	20,111	chief operating officer
Dec 29, 2023	ing perry	acquired	-	-	14,699	chief financial officer
Dec 29, 2023	diges carmen l	acquired	-	-	10,017	general counsel/corp sec
Sep 29, 2023	ing perry	acquired	-	-	852	chief financial officer
Sep 29, 2023	spears stephan michael	acquired	-	-	751	vp corporate development
Sep 29, 2023	diges carmen l	acquired	-	-	965	general counsel/corp sec
Sep 29, 2023	shaver william m	acquired	-	-	1,066	chief operating officer
Jun 23, 2023	ball ian j	bought	19,012	7.1583	2,656	-
Mar 15, 2022	mah g. peter	bought	24,989	1.06	23,575	chief operating officer
Aug 17, 2021	ladd-kruger anna man-yue	bought	10,400	1.04	10,000	chief financial officer

Which funds bought or sold MUX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	added	58.23	596,324	1,108,660	-%
May 16, 2024	COMERICA BANK	reduced	-23.41	312	6,902	-%
May 16, 2024	Tidal Investments LLC	new	-	1,347,770	1,347,770	0.02%
May 15, 2024	Royal Bank of Canada	reduced	-60.92	-189,000	218,000	-%
May 15, 2024	STATE STREET CORP	reduced	-2.66	376,853	1,514,850	-%
May 15, 2024	D. E. Shaw & Co., Inc.	new	-	658,776	658,776	-%
May 15, 2024	CITADEL ADVISORS LLC	added	32.08	929,490	2,082,330	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	230	1,208,200	1,551,920	-%
May 15, 2024	PERRITT CAPITAL MANAGEMENT INC	added	0.36	271,343	999,863	0.54%
May 15, 2024	Paloma Partners Management Co	new	-	116,604	116,604	0.01%

Are Funds Buying or Selling MUX?

Are funds buying MUX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MUX

No. of Funds

Unveiling McEwen Mining Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 07, 2020	van eck associates corp	4.09%	17,485,796	SC 13G/A

Recent SEC filings of McEwen Mining Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	ARS	ARS
May 17, 2024	DEF 14A	DEF 14A
May 17, 2024	DEFA14A	DEFA14A
May 08, 2024	10-Q	Quarterly Report
Apr 29, 2024	10-K/A	Annual Report
Apr 18, 2024	425	Prospectus Filed
Apr 18, 2024	8-K	Current Report
Mar 15, 2024	10-K	Annual Report
Mar 01, 2024	8-K	Current Report
Feb 22, 2024	3	Insider Trading

Peers (Alternatives to McEwen Mining Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	96.9B	9.7B	9.79%	81.46%	41.11	9.99	-3.73%	-11.90%
FCX	78.0B	23.8B	8.93%	52.10%	20.18	3.28	10.30%	6.62%
NEM	50.4B	13.2B	13.43%	1.09%	-18.86	3.83	13.70%	-408.56%
NUE	41.3B	34.1B	-10.72%	22.70%	9.75	1.21	-14.07%	-36.33%
RS	17.1B	14.5B	-7.36%	20.90%	13.61	1.18	-12.23%	-26.09%
CLF	8.3B	21.9B	-17.49%	13.86%	18.95	0.38	-1.92%	-15.58%
MID-CAP
HL	3.8T	710.3M	15.72%	16.03%	-44.1K	5.4K	-2.96%	-94.29%
AA	7.4B	10.5B	16.03%	12.06%	-10.88	0.71	-11.40%	15.25%
CMC	6.7B	8.4B	3.13%	26.83%	9.8	0.79	-8.32%	-10.17%
MTRN	2.4B	1.6B	-3.14%	10.94%	29.06	1.51	-8.15%	-14.39%
SMALL-CAP
CDE	2.4B	847.0M	32.96%	84.06%	-21.75	2.78	7.96%	2.02%
CENX	1.7B	2.1B	1.94%	121.74%	6.83	0.78	-17.61%	444.18%
CMP	544.4M	1.1B	-1.20%	-61.36%	-6.29	0.47	-6.57%	-123.93%
AUMN	6.9M	12.0M	-27.69%	-88.94%	-0.65	0.57	-48.46%	18.12%
GLG	996.8K	134.6M	-	-92.73%	0.82	0.01	-14.16%	-64.26%

McEwen Mining Inc News

Latest updates

McEwen Mining Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-29.7%	41,228	58,680	38,404	34,395	34,752	28,240	25,988	30,647	25,542	34,966	37,129	40,706	23,740	27,703	27,395	18,291	31,400	32,362	32,691	36,383	15,583
Gross Profit	-53.9%	6,011	13,050	3,755	-3,468	4,443	-288	1,503	4,235	-5,994	-5,897	344	4,059	-4,986	-13,687	-701	-8,875	-3,685	1,261	1,619	4,677	1,429
Costs and Expenses	-53.9%	27,993	60,726	32,595	39,544	47,274	38,894	17,080	20,804	18,115	16,618	17,778	13,006	10,398	8,933	9,374	12,259	95,660	25,156	19,399	15,872	12,967
S&GA Expenses	-100.0%	-	6,238	3,720	2,050	3,441	3,101	4,352	2,456	1,981	3,051	3,467	2,834	2,083	2,365	2,532	2,240	2,064	4,707	2,645	3,172	2,261
EBITDA Margin	-0.3%	0.81*	0.81*	-0.58*	-0.62*	-0.61*	-0.62*	-0.44*	-0.46*	-0.39*	-0.33*	-0.33*	-0.29*	-	-	-	-	-	-	-	-	-
Interest Expenses	40.2%	-870	-1,454	10,331	19,577	8,464	-2,693	-1,817	-1,639	-1,640	-1,760	-2,072	-1,859	-509	-1,858	-1,945	-1,754	-1,877	-2,871	-650	-2,783	-513
Income Taxes	-107.0%	-2,557	36,688	-244	-2,049	-536	7,226	-524	-163	-814	-3,437	-841	-1,022	-2,015	-114	-152	-30.00	-1,094	-1,269	-2,192	-501	118
Earnings Before Taxes	-112.9%	-22,940	177,909	-28,617	-45,310	-36,946	-34,937	-11,066	-12,406	-21,878	-24,465	-18,242	-7,011	-14,481	-23,656	-9,930	-19,844	-100,285	-26,401	-13,657	-13,515	-10,018
EBT Margin	16.4%	0.47*	0.40*	-1.07*	-1.04*	-0.80*	-0.73*	-0.60*	-0.60*	-0.52*	-0.47*	-0.49*	-0.46*	-	-	-	-	-	-	-	-	-
Net Income	-114.7%	-20,383	138,453	-18,451	-21,627	-43,076	-37,364	-9,976	-14,409	-19,326	-20,856	-17,401	-5,989	-12,466	-23,542	-9,778	-19,814	-99,191	-25,132	-11,465	-13,014	-10,136
Net Income Margin	35.7%	0.45*	0.33*	-0.89*	-0.91*	-0.88*	-0.73*	-0.55*	-0.56*	-0.46*	-0.42*	-0.46*	-0.43*	-	-	-	-	-	-	-	-	-
Free Cashflow	-76.3%	3,881	16,405	-18,792	-41,666	-45,120	-10,470	-26,799	-53,227	-32,132	-17,499	-27,515	-14,442	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.8%	639	657	573	593	678	529	545	521	536	525	540	521	528	500	506	505	524	631	607	623	629
Current Assets	-1.2%	52.00	53.00	126	145	223	82.00	96.00	72.00	95.00	85.00	92.00	75.00	81.00	53.00	58.00	58.00	73.00	92.00	57.00	65.00	66.00
Cash Equivalents	-4.5%	22.00	23.00	49.00	85.00	191	40.00	55.00	44.00	64.00	54.00	63.00	42.00	47.00	21.00	8.00	18.00	29.00	46.00	13.00	22.00	27.00
Inventory	-0.4%	20.00	20.00	27.00	24.00	24.00	32.00	30.00	19.00	16.00	16.00	19.00	25.00	28.00	27.00	34.00	33.00	38.00	38.00	34.00	33.00	31.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	425	436	436
Liabilities	0.9%	156	155	139	131	172	172	147	139	156	135	129	133	134	135	125	122	123	132	130	135	131
Current Liabilities	26.4%	38.00	30.00	53.00	53.00	89.00	84.00	58.00	44.00	59.00	52.00	46.00	45.00	46.00	46.00	36.00	33.00	48.00	49.00	40.00	34.00	33.00
Short Term Borrowings	-	-	-	-	-	-	-	4.00	-	-	-	2.00	-	-	-	-	-	8.00	5.00	2.00	-	-
Long Term Debt	-7.5%	37.00	40.00	40.00	40.00	48.00	54.00	60.00	64.00	50.00	49.00	22.00	24.00	24.00	48.00	24.00	24.00	17.00	20.00	23.00	25.00	25.00
Shareholder's Equity	-4.0%	483	502	434	462	505	356	398	382	379	390	411	388	394	365	381	383	400	499	478	488	498
Retained Earnings	-1.6%	-1,286	-1,266	-1,404	-1,386	-1,364	-1,321	-1,284	-1,273	-1,259	-1,240	-1,219	-1,202	-1,196	-1,183	-1,160	-1,150	-1,130	-1,031	-1,006	-994	-981
Shares Outstanding	0%	49.00	49.00	47.00	47.00	47.00	47.00	47.00	47.00	47.00	45.00	46.00	46.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	84.00	94.00	116	33.00	38.00	22.00	13.00	15.00	15.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	341	-	-	-	172	-	-	-	634	-	-	-	407	-	-	-	489	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-76.3%	3,881	16,405	-2,280	-25,154	-28,608	6,042	-10,287	-36,715	-15,620	-987	-11,003	2,070	-10,143	-2,600	-5,174	-8,191	-11,908	-17,611	-12,764	1,669	-10,821
Cashflow From Investing	90.4%	-4,575	-47,748	-16,371	-30,568	-4,950	-7,047	-8,888	-3,921	-4,045	-4,134	-8,111	-7,218	-5,101	-4,011	160	-2,525	-5,391	4,717	3,686	-7,972	-14,492
Cashflow From Financing	-101.1%	-142	13,302	-562	-25,540	184,982	4.00	25,946	10,044	29,461	-3,404	42,576	-22.00	41,833	9,318	9,256	-503	-493	46,399	-387	2,117	21,878

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MUX Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUE:
Revenue from gold and silver sales	$ 41,228	$ 34,752
OPERATING EXPENSES:
Production costs applicable to sales	(25,110)	(23,413)
Depreciation and depletion	(10,107)	(6,896)
Gross profit	6,011	4,443
OTHER OPERATING EXPENSES:
Advanced projects - Los Azules		(31,880)
Advanced projects - Other	(2,454)	(1,680)
Exploration	(3,871)	(5,900)
General and administrative	(4,073)	(3,441)
Income (loss) from investment (Note 9)	(16,734)	(3,461)
Depreciation	(171)	(282)
Reclamation and remediation (Note 11)	(690)	(630)
Total other operating expenses	(27,993)	(47,274)
Operating loss	(21,982)	(42,831)
OTHER INCOME (EXPENSE):
Interest and other finance income (expenses), net	(870)	8,464
Other expense (Note 3)	(88)	(2,579)
Total other income (expense)	(958)	5,885
Loss before income and mining taxes	(22,940)	(36,946)
Income and mining tax recovery	2,557	536
Net loss after income and mining taxes	(20,383)	(36,410)
Net income attributable to non-controlling interests		(6,666)
Net loss and comprehensive loss attributable to McEwen shareholders	$ (20,383)	$ (43,076)
Net loss per share (Note 12):
Basic (in dollars per share)	$ (0.41)	$ (0.91)
Diluted (in dollars per share)	$ (0.41)	$ (0.91)
Weighted average common shares outstanding (thousands) (Note 12):
Basic (in shares)	49,440	47,428
Diluted (in shares)	49,440	47,428
McEwen Copper Inc.
OTHER OPERATING EXPENSES:
Income (loss) from investment (Note 9)	$ (18,012)
OTHER INCOME (EXPENSE):
Interest and other finance income (expenses), net	16,454
Loss before income and mining taxes	37,737
Net loss and comprehensive loss attributable to McEwen shareholders	37,737
Minera Santa Cruz S.A.
REVENUE:
Revenue from gold and silver sales	65,927	$ 45,740
OPERATING EXPENSES:
Depreciation and depletion	(8,926)	(8,230)
OTHER OPERATING EXPENSES:
Income (loss) from investment (Note 9)	1,278	(3,461)
OTHER INCOME (EXPENSE):
Loss before income and mining taxes	8,514	(8,800)
Income and mining tax recovery	191	110
Net loss and comprehensive loss attributable to McEwen shareholders	3,667	(5,485)
Gold and silver sales
REVENUE:
Revenue from gold and silver sales	$ 41,228	$ 34,752

MUX Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents (Note 4)	$ 21,989	$ 23,020
Investments (Note 5)	1,569	1,743
Receivables, prepaids and other current assets (Note 6)	5,838	5,578
Due from McEwen Copper Inc. (Note 13)	$ 2,754	$ 2,376
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Name [Extensible Enumeration]	McEwen Copper Inc. [Member]	McEwen Copper Inc. [Member]
Inventories (Note 7)	$ 19,871	$ 19,944
Total current assets	52,021	52,661
Mineral property interests and plant and equipment, net (Note 8)	167,149	169,950
Investment in McEwen Copper Inc. (Note 9)	308,135	326,147
Investment in Minera Santa Cruz S.A. (Note 9)	94,496	93,218
Inventories (Note 7)	11,814	10,100
Restricted cash (Note 4)	4,429	4,490
Other assets	672	673
TOTAL ASSETS	638,716	657,239
Current liabilities:
Accounts payable and accrued liabilities	24,732	22,656
Reclamation and remediation liabilities (Note 11)	4,235	3,105
Current portion of long-term debt (Note 10)	3,000
Contract liability (Note 15)	1,966
Flow-through share premium	1,103	1,661
Tax liabilities	1,979	1,603
Lease liabilities	894	978
Total current liabilities	37,909	30,003
Reclamation and remediation liabilities (Note 11 )	39,024	39,916
Long-term debt (Note 10)	37,000	40,000
Deferred tax liabilities	37,907	40,572
Other liabilities	3,562	3,840
Lease liabilities	806	488
Total liabilities	156,208	154,819
Shareholders' equity:
Common shares: 49,440 as of March 31, 2024 (in thousands)	1,768,927	1,768,456
Accumulated deficit	(1,286,419)	(1,266,036)
Total shareholders' equity	482,508	502,420
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$ 638,716	$ 657,239

About McEwen Mining Inc

McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. It primarily owns a 100% interest in the Gold Bar mine in Eureka County, Nevada; the Fox Complex in Ontario, Canada; the El Gallo Project and Fenix silver-gold project in Sinaloa, Mexico; the Los Azules copper deposit in San Juan, Argentina; and a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. It also owns a 49% interest in the San JosÃƒÂ© mine located in Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.

CEO	Mr. Robert Ross McEwen
WEBSITE	mcewenmining.com
INDUSTRY	Metals and Mining
EMPLOYEES	520

McEwen Mining Inc Frequently Asked Questions

What is the ticker symbol for McEwen Mining Inc? What does MUX stand for in stocks?

MUX is the stock ticker symbol of McEwen Mining Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of McEwen Mining Inc (MUX)?

As of Fri May 17 2024, market cap of McEwen Mining Inc is 560.16 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MUX stock?

You can check MUX's fair value in chart for subscribers.

What is the fair value of MUX stock?

You can check MUX's fair value in chart for subscribers. The fair value of McEwen Mining Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of McEwen Mining Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MUX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is McEwen Mining Inc a good stock to buy?

The fair value guage provides a quick view whether MUX is over valued or under valued. Whether McEwen Mining Inc is cheap or expensive depends on the assumptions which impact McEwen Mining Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MUX.

What is McEwen Mining Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MUX's PE ratio (Price to Earnings) is 7.18 and Price to Sales (PS) ratio is 3.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MUX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on McEwen Mining Inc's stock?

In the past 10 years, McEwen Mining Inc has provided -0.062 (multiply by 100 for percentage) rate of return.