Mcewen Mining Stock Today

MUX Stock  USD 8.52  0.10  1.19%   

Performance

0 of 100

 
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Odds Of Distress

Less than 12

 
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Low
McEwen Mining is trading at 8.52 as of the 21st of November 2024; that is 1.19% up since the beginning of the trading day. The stock's open price was 8.42. McEwen Mining has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for McEwen Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
7th of May 1980
Category
Basic Materials
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. The company has 52.92 M outstanding shares of which 1.2 M shares are now shorted by investors with about 2.22 days to cover. More on McEwen Mining

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McEwen Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRobert McEwen
Thematic IdeaPrecious Metals (View all Themes)
Business ConcentrationMetals & Mining, Other Precious Metals & Mining, Basic Materials, NYSE Composite, GEX, Philadelphia GoldSilver, Stlmt ID PHLX, SDAX Index, Precious Metals, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.270.2529
Notably Up
Slightly volatile
Total Current Liabilities31.5 M30 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total131.1 M124.8 M
Sufficiently Up
Very volatile
Total Assets690.1 M657.2 M
Sufficiently Up
Pretty Stable
Total Current Assets31.5 M52.7 M
Way Down
Pretty Stable
Debt Levels
McEwen Mining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand McEwen Mining's financial leverage. It provides some insight into what part of McEwen Mining's total assets is financed by creditors.
Liquidity
McEwen Mining has 41.47 M in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. McEwen Mining has a current ratio of 1.62, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for McEwen to invest in growth at high rates of return.

Net Income

58.06 Million
McEwen Mining (MUX) is traded on New York Stock Exchange in USA. It is located in 150 King Street West, Toronto, ON, Canada, M5H 1J9 and employs 1,977 people. McEwen Mining is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 445.63 M. McEwen Mining runs under Metals & Mining sector within Materials industry. The entity has 52.92 M outstanding shares of which 1.2 M shares are now shorted by investors with about 2.22 days to cover. McEwen Mining has about 39.78 M in cash with (39.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19.
Check McEwen Mining Probability Of Bankruptcy
Ownership Allocation
McEwen Mining maintains a total of 52.92 Million outstanding shares. 30% of McEwen Mining outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Accordingly, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check McEwen Ownership Details

McEwen Stock Institutional Holders

InstituionRecorded OnShares
D. E. Shaw & Co Lp2024-06-30
419.4 K
Millennium Management Llc2024-06-30
372.2 K
Jupiter Asset Management Limited2024-09-30
259.3 K
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
236.4 K
Two Sigma Advisers, Llc2024-06-30
228.9 K
Deutsche Bank Ag2024-06-30
188.4 K
Susquehanna International Group, Llp2024-06-30
172 K
Tidal Investments Llc.2024-06-30
150.2 K
Northern Trust Corp2024-09-30
139.1 K
Van Eck Associates Corporation2024-06-30
2.1 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.6 M
View McEwen Mining Diagnostics

McEwen Mining Historical Income Statement

At this time, McEwen Mining's Tax Provision is fairly stable compared to the past year. Interest Income is likely to rise to about 38.8 M in 2024, whereas Interest Expense is likely to drop slightly above 125.4 K in 2024. View More Fundamentals

McEwen Stock Against Markets

McEwen Mining Corporate Directors

Leanne BakerIndependent DirectorProfile
Michael SteinIndependent DirectorProfile
Donald QuickIndependent DirectorProfile
William PEngInterim DirectorProfile

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.