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MUX

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

10.35USD+0.09 (+0.88%)Market Closed

Market Summary

MUX
USD10.35+0.09
Market Closed
0.88%

MUX Alerts

  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

MUX Stock Price

View Fullscreen

MUX RSI Chart

MUX Valuation

Market Cap

511.7M

Price/Earnings (Trailing)

6.56

Price/Sales (Trailing)

2.96

EV/EBITDA

3.79

Price/Free Cashflow

-31.47

MUX Price/Sales (Trailing)

MUX Profitability

EBT Margin

46.92%

Return on Equity

16.16%

Return on Assets

12.21%

Free Cashflow Yield

-3.18%

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

-2.6%

Last 30 days

-3.2%

Last 90 days

20.3%

Trailing 12 Months

45.6%

How does MUX drawdown profile look like?

MUX Financial Health

Current Ratio

1.37

Debt/Equity

0.08

Debt/Cashflow

-0.44

MUX Investor Care

Shares Dilution (1Y)

4.24%

Diluted EPS (TTM)

1.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024172.7M000
2023119.6M123.4M135.8M166.2M
2022138.3M128.3M117.1M110.4M
202197.1M119.5M129.3M136.5M
2020132.8M114.7M109.4M104.8M
2019102.6M105.2M111.0M117.0M
201893.9M112.6M126.1M128.3M
201754.0M54.5M54.5M67.5M
201671.3M69.7M60.6M60.4M
201557.1M61.6M75.2M73.0M
201443.6M44.8M41.9M45.3M
201316.0M26.0M36.0M46.0M
20120006.0M
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Tracking the Latest Insider Buys and Sells of McEwen Mining Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 35

Which funds bought or sold MUX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 20, 2024
Virtu Financial LLC
sold off
-100
-147,000
-
-%
May 16, 2024
JANE STREET GROUP, LLC
added
58.23
596,324
1,108,660
-%
May 16, 2024
Tidal Investments LLC
new
-
1,347,770
1,347,770
0.02%
May 16, 2024
COMERICA BANK
reduced
-23.41
312
6,902
-%
May 15, 2024
Federation des caisses Desjardins du Quebec
new
-
1,662,150
1,662,150
0.01%
May 15, 2024
PDT Partners, LLC
reduced
-15.74
31,847
241,038
0.02%
May 15, 2024
MIRABELLA FINANCIAL SERVICES LLP
new
-
586,748
586,748
0.04%
May 15, 2024
Tower Research Capital LLC (TRC)
added
4,570
58,476
59,406
-%
May 15, 2024
Brevan Howard Capital Management LP
new
-
128,436
128,436
-%
May 15, 2024
Squarepoint Ops LLC
new
-
178,860
178,860
-%

1–10 of 44

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Jun 14, 2024
S-4/A
Mergers and Acquisition
Jun 14, 2024
8-K
Current Report
May 31, 2024
8-K
Current Report
May 30, 2024
FWP
Prospectus Filed
May 30, 2024
424B5
Prospectus Filed
May 22, 2024
S-4
Mergers and Acquisition
May 17, 2024
DEFA14A
DEFA14A
May 17, 2024
DEF 14A
DEF 14A
May 17, 2024
ARS
ARS
May 08, 2024
10-Q
Quarterly Report

Peers (Alternatives to McEwen Mining Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.3T
710.3M
-6.80% -0.23%
-37.6K
4.6K
-2.96% -94.29%
82.2B
9.7B
-13.45% 43.42%
34.88
8.48
-3.73% -11.90%
69.1B
23.8B
-10.28% 20.01%
17.88
2.9
10.30% 6.62%
47.1B
13.2B
-5.51% -4.43%
-17.59
3.58
13.70% -408.56%
37.6B
34.1B
-12.22% 2.32%
8.88
1.1
-14.07% -36.33%
15.9B
14.5B
-6.55% 8.30%
12.64
1.1
-12.23% -26.09%
MID-CAP
7.1B
21.9B
-16.61% -11.14%
16.15
0.32
-1.92% -15.58%
6.8B
10.5B
-5.34% 5.37%
-26.02
0.65
-11.40% 67.41%
5.8B
8.4B
-13.67% 4.41%
8.57
0.69
-8.32% -10.17%
2.3B
847.0M
8.70% 84.89%
-21.23
2.71
7.96% 2.02%
2.2B
1.6B
-6.31% -3.65%
26.83
1.39
-8.15% -14.39%
SMALL-CAP
1.4B
2.1B
-13.32% 55.09%
5.83
0.67
-17.61% 444.18%
475.8M
1.1B
-8.14% -67.54%
-6.16
0.41
-6.57% -146.25%
6.7M
12.0M
- -80.17%
-0.64
0.56
-48.46% 18.12%
996.8K
134.6M
- -92.29%
0.99
0.01
-14.16% -73.30%

McEwen Mining Inc News

Latest updates
The Globe and Mail12 hours ago
Defense World22 May 202407:00 am
Yahoo Finance10 May 202407:00 am

McEwen Mining Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In null)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-29.7%41,22858,68038,40434,39534,75228,24025,98830,64725,54234,96637,12940,70623,74027,70327,39518,29131,40032,36232,69136,38315,583
Gross Profit-53.9%6,01113,0503,755-3,4684,443-2881,5034,235-5,994-5,8973444,059-4,986-13,687-701-8,875-3,6851,2611,6194,6771,429
Costs and Expenses-53.9%27,99360,72632,59539,54447,27438,89417,08020,80418,11516,61817,77813,00610,3988,9339,37412,25995,66025,15619,39915,87212,967
  S&GA Expenses-34.7%4,0736,2383,7202,0503,4413,1014,3522,4561,9813,0513,4672,8342,0832,3652,5322,2402,0644,7072,6453,1722,261
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 Expenses40.2%-870-1,45410,33119,5778,464-2,693-1,817-1,639-1,640-1,760-2,072-1,859-509-1,858-1,945-1,754-1,877-2,871-650-2,783-513
Income Taxes-210.6%-2,5572,312-244-2,049-5367,226-524-163-814-3,437-841-1,022-2,015-114-152-30.00-1,094-1,269-2,192-501118
Earnings Before Taxes-112.9%-22,940177,909-28,617-45,310-36,946-34,937-11,066-12,406-21,878-24,465-18,242-7,011-14,481-23,656-9,930-19,844-100,285-26,401-13,657-13,515-10,018
EBT Margin16.4%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%-20,383138,453-18,451-21,627-43,076-37,364-9,976-14,409-19,326-20,856-17,401-5,989-12,466-23,542-9,778-19,814-99,191-25,132-11,465-13,014-10,136
Net Income Margin35.7%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%3,88116,405-18,792-41,666-45,120-10,470-26,799-53,227-32,132-17,499-27,515-14,442---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.8%639657573593678529545521536525540521528500506505524631607623629
  Current Assets-1.2%52.0053.0012614522382.0096.0072.0095.0085.0092.0075.0081.0053.0058.0058.0073.0092.0057.0065.0066.00
    Cash Equivalents-4.5%22.0023.0049.0085.0019140.0055.0044.0064.0054.0063.0042.0047.0021.008.0018.0029.0046.0013.0022.0027.00
  Inventory-0.4%20.0020.0027.0024.0024.0032.0030.0019.0016.0016.0019.0025.0028.0027.0034.0033.0038.0038.0034.0033.0031.00
  Net PPE-------------------425436436
Liabilities0.9%156155139131172172147139156135129133134135125122123132130135131
  Current Liabilities26.4%38.0030.0053.0053.0089.0084.0058.0044.0059.0052.0046.0045.0046.0046.0036.0033.0048.0049.0040.0034.0033.00
  Short Term Borrowings-------4.00---2.00-----8.005.002.00--
  Long Term Debt-7.5%37.0040.0040.0040.0048.0054.0060.0064.0015.0049.0022.0024.0024.0048.0024.0024.0017.0020.0023.0025.0025.00
Shareholder's Equity-4.0%483502434462505356398382379390411388394365381383400499478488498
  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 Outstanding0%49.0049.0047.0047.0047.0047.0047.0047.0047.0045.0046.0046.00---------
Minority Interest---84.0094.0011633.0038.0022.0013.0015.0015.00----------
Float----341---172---634---407---489-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-76.3%3,88116,405-2,280-34,267-19,4956,042-10,287-36,715-15,620-987-11,0032,070-10,143-2,600-5,174-8,191-11,908-17,611-12,7641,669-10,821
Cashflow From Investing90.4%-4,575-47,748-16,371-30,568-4,950-7,047-8,888-3,921-4,045-4,134-8,111-7,218-5,101-4,011160-2,525-5,3914,7173,686-7,972-14,492
Cashflow From Financing-101.1%-14213,302-562-25,540184,9824.0025,94610,04429,461-3,40442,576-22.0041,8339,3189,256-503-49346,399-3872,11721,878
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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 profit6,0114,443
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 recovery2,557536
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)49,44047,428
Diluted (in shares)49,44047,428
McEwen Copper Inc.  
OTHER OPERATING EXPENSES:  
Income (loss) from investment (Note 9)$ (18,012) 
OTHER INCOME (EXPENSE):  
Interest and other finance income (expenses), net16,454 
Loss before income and mining taxes37,737 
Net loss and comprehensive loss attributable to McEwen shareholders37,737 
Minera Santa Cruz S.A.  
REVENUE:  
Revenue from gold and silver sales65,927$ 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 taxes8,514(8,800)
Income and mining tax recovery191110
Net loss and comprehensive loss attributable to McEwen shareholders3,667(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)1,5691,743
Receivables, prepaids and other current assets (Note 6)5,8385,578
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 assets52,02152,661
Mineral property interests and plant and equipment, net (Note 8)167,149169,950
Investment in McEwen Copper Inc. (Note 9)308,135326,147
Investment in Minera Santa Cruz S.A. (Note 9)94,49693,218
Inventories (Note 7)11,81410,100
Restricted cash (Note 4)4,4294,490
Other assets672673
TOTAL ASSETS638,716657,239
Current liabilities:  
Accounts payable and accrued liabilities24,73222,656
Reclamation and remediation liabilities (Note 11)4,2353,105
Current portion of long-term debt (Note 10)3,000 
Contract liability (Note 15)1,966 
Flow-through share premium1,1031,661
Tax liabilities1,9791,603
Lease liabilities894978
Total current liabilities37,90930,003
Reclamation and remediation liabilities (Note 11 )39,02439,916
Long-term debt (Note 10)37,00040,000
Deferred tax liabilities37,90740,572
Other liabilities3,5623,840
Lease liabilities806488
Total liabilities156,208154,819
Shareholders' equity:  
Common shares: 49,440 as of March 31, 2024 (in thousands)1,768,9271,768,456
Accumulated deficit(1,286,419)(1,266,036)
Total shareholders' equity482,508502,420
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY$ 638,716$ 657,239
MUX
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 José 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
 WEBSITEmcewenmining.com
 INDUSTRYMetals and Mining
 EMPLOYEES520

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 Jun 14 2024, market cap of McEwen Mining Inc is 511.7 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 Jun 14 2024, MUX's PE ratio (Price to Earnings) is 6.56 and Price to Sales (PS) ratio is 2.96. 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 -0.09 (multiply by 100 for percentage) rate of return.