Mcewen Mining Stock Analysis

MUX Stock  USD 8.55  0.31  3.76%   
McEwen Mining is undervalued with Real Value of 10.9 and Target Price of 14.63. The main objective of McEwen Mining stock analysis is to determine its intrinsic value, which is an estimate of what McEwen Mining is worth, separate from its market price. There are two main types of McEwen Mining's stock analysis: fundamental analysis and technical analysis.
The McEwen Mining stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. McEwen Mining is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. McEwen Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.

McEwen Stock Analysis Notes

About 16.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.87. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. McEwen Mining last dividend was issued on the 7th of March 2019. The entity had 1:10 split on the 28th of July 2022. McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada. Mcewen Mining operates under Other Precious Metals Mining classification in the United States and is traded on New York Stock Exchange. It employs 430 people. To find out more about McEwen Mining contact Robert McEwen at 647 258 0395 or learn more at https://www.mcewenmining.com.

McEwen Mining Investment Alerts

McEwen Mining generated a negative expected return over the last 90 days
McEwen Mining has about 39.78 M in cash with (39.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19.
McEwen Mining has a frail financial position based on the latest SEC disclosures
Roughly 16.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Goliath Resources Secures Strategic Investment from McEwen Mining - TipRanks

McEwen Mining Upcoming and Recent Events

Earnings reports are used by McEwen Mining to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
11th of March 2024
Upcoming Quarterly Report
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13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
11th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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McEwen Largest EPS Surprises

Earnings surprises can significantly impact McEwen Mining's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-08
2024-03-31-0.07-0.050.0228 
2022-11-04
2022-09-30-0.24-0.210.0312 
2020-10-29
2020-09-30-0.23-0.20.0313 
View All Earnings Estimates

McEwen Mining Environmental, Social, and Governance (ESG) Scores

McEwen Mining's ESG score is a quantitative measure that evaluates McEwen Mining's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of McEwen Mining's operations that may have significant financial implications and affect McEwen Mining's stock price as well as guide investors towards more socially responsible investments.

McEwen Mining Thematic Classifications

In addition to having McEwen Mining stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Precious Metals Idea
Precious Metals
USA Equities from Precious Metals industry as classified by Fama & French

McEwen Stock Institutional Investors

Shares
Susquehanna International Group, Llp2024-09-30
411.1 K
Connor Clark & Lunn Inv Mgmt Ltd2024-09-30
393.7 K
Morgan Stanley - Brokerage Accounts2024-09-30
358.4 K
Two Sigma Advisers, Llc2024-09-30
279.2 K
Jupiter Asset Management Limited2024-09-30
259.3 K
Amvescap Plc.2024-09-30
234.2 K
Millennium Management Llc2024-09-30
225.1 K
Deutsche Bank Ag2024-09-30
188.4 K
Cubist Systematic Strategies, Llc2024-09-30
155.5 K
Van Eck Associates Corporation2024-09-30
2.2 M
State Street Corp2024-09-30
1.1 M
Note, although McEwen Mining's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

McEwen Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 452.51 M.

McEwen Profitablity

The company has Net Profit Margin of 0.52 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.06 %, which entails that for every 100 dollars of revenue, it generated $0.06 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.10  0.10 
Return On Capital Employed(0.30)(0.31)
Return On Assets 0.10  0.10 
Return On Equity 0.13  0.08 

Management Efficiency

At this time, McEwen Mining's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.10 in 2025, whereas Return On Capital Employed is likely to drop (0.31) in 2025. At this time, McEwen Mining's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 730 M in 2025, whereas Total Current Assets are likely to drop slightly above 31.5 M in 2025. McEwen Mining's management efficiency ratios could be used to measure how well McEwen Mining manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 12.15  13.94 
Tangible Book Value Per Share 9.51  9.04 
Enterprise Value Over EBITDA(5.82)(6.11)
Price Book Value Ratio 0.61  0.58 
Enterprise Value Multiple(5.82)(6.11)
Price Fair Value 0.61  0.58 
Enterprise Value362 M380.1 M
McEwen Mining benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Operating Margin
0.0571
Profit Margin
0.5159
Beta
1.438
Return On Assets
(0.0008)
Return On Equity
0.226

Technical Drivers

As of the 31st of January, McEwen Mining secures the mean deviation of 2.24, and Risk Adjusted Performance of (0.07). Concerning fundamental indicators, the technical analysis model lets you check available technical drivers of McEwen Mining, as well as the relationship between them.

McEwen Mining Price Movement Analysis

Execute Study
The output start index for this execution was fourty-four with a total number of output elements of seventeen. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. McEwen Mining middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for McEwen Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

McEwen Mining Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific McEwen Mining insiders, such as employees or executives, is commonly permitted as long as it does not rely on McEwen Mining's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases McEwen Mining insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

McEwen Mining Outstanding Bonds

McEwen Mining issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. McEwen Mining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most McEwen bonds can be classified according to their maturity, which is the date when McEwen Mining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

McEwen Mining Predictive Daily Indicators

McEwen Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of McEwen Mining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

McEwen Mining Corporate Filings

8K
15th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
2nd of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
30th of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
10th of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
5th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
8th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
5th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
23rd of August 2024
Other Reports
ViewVerify

McEwen Mining Forecast Models

McEwen Mining's time-series forecasting models are one of many McEwen Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary McEwen Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About McEwen Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how McEwen Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling McEwen shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as McEwen Mining. By using and applying McEwen Stock analysis, traders can create a robust methodology for identifying McEwen entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.36  0.38 
Operating Profit Margin(1.12)(1.18)
Net Profit Margin 0.38  0.40 
Gross Profit Margin(0.19)(0.20)

Current McEwen Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. McEwen analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. McEwen analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
14.63Strong Buy4Odds
McEwen Mining current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most McEwen analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand McEwen stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of McEwen Mining, talking to its executives and customers, or listening to McEwen conference calls.
McEwen Analyst Advice Details

McEwen Stock Analysis Indicators

McEwen Mining stock analysis indicators help investors evaluate how McEwen Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading McEwen Mining shares will generate the highest return on investment. By understating and applying McEwen Mining stock analysis, traders can identify McEwen Mining position entry and exit signals to maximize returns.
Begin Period Cash Flow43.6 M
Long Term Debt40 M
Common Stock Shares Outstanding47.5 M
Total Stockholder Equity502.4 M
Tax Provision4.3 M
Property Plant And Equipment Net169.9 M
Cash And Short Term Investments24.8 M
Cash23 M
Accounts Payable22.7 M
Net Debt18.4 M
50 Day M A8.3118
Total Current Liabilities30 M
Other Operating Expenses328.3 M
Non Current Assets Total604.6 M
Forward Price Earnings200
Non Currrent Assets Other15.3 M
Stock Based Compensation971 K

Additional Tools for McEwen Stock Analysis

When running McEwen Mining's price analysis, check to measure McEwen Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McEwen Mining is operating at the current time. Most of McEwen Mining's value examination focuses on studying past and present price action to predict the probability of McEwen Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McEwen Mining's price. Additionally, you may evaluate how the addition of McEwen Mining to your portfolios can decrease your overall portfolio volatility.