McEwen Mining Inc.

Company Profile

McEwen Mining Inc. had its IPO on 1980-05-07 under the ticker symbol MUX.

The company operates in the Basic Materials sector and Other Precious Metals & Mining industry. McEwen Mining Inc. has a staff strength of 520 employees.

Stock update

Shares of McEwen Mining Inc. opened at $6.87 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.69 - $7.03, and closed at $6.71.

This is a -3.59% slip from the previous day's closing price.

A total volume of 505,564 shares were traded at the close of the day’s session.

In the last one week, shares of McEwen Mining Inc. have slipped by -14.63%.

McEwen Mining Inc.'s Key Ratios

McEwen Mining Inc. has a market cap of $330.42 million, indicating a price to book ratio of 0.7296 and a price to sales ratio of 2.1822.

In the last 12-months McEwen Mining Inc.’s revenue was $123.38 million with a gross profit of $-47571000 and an EBITDA of $-109609000. The EBITDA ratio measures McEwen Mining Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, McEwen Mining Inc.’s operating margin was -111.54% while its return on assets stood at -15.44% with a return of equity of -31.35%.

In Q2, McEwen Mining Inc.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 12.2%.

McEwen Mining Inc.’s PE and PEG Ratio

Forward PE

196.0784

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-2.33 per share while it has a forward price to earnings multiple of 196.0784 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into McEwen Mining Inc.’s profitability.

McEwen Mining Inc. stock is trading at a EV to sales ratio of 2.2946 and a EV to EBITDA ratio of -6.7064. Its price to sales ratio in the trailing 12-months stood at 2.1822.

McEwen Mining Inc. stock pays annual dividends of $0 per share, indicating a yield of 0.55% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$593.18 million

Total Liabilities

$52.90 million

Operating Cash Flow

$-30568000.00

Capital Expenditure

$4.01 million

Dividend Payout Ratio

0%

McEwen Mining Inc. ended 2024 with $593.18 million in total assets and $0 in total liabilities. Its intangible assets were valued at $593.18 million while shareholder equity stood at $368.10 million.

McEwen Mining Inc. ended 2024 with $0 in deferred long-term liabilities, $52.90 million in other current liabilities, 1754142000.00 in common stock, $-1386039000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $84.82 million and cash and short-term investments were $114.01 million. The company’s total short-term debt was $1,070,000 while long-term debt stood at $40.00 million.

McEwen Mining Inc.’s total current assets stands at $144.92 million while long-term investments were $88.78 million and short-term investments were $29.19 million. Its net receivables were $6.86 million compared to accounts payable of $35.11 million and inventory worth $24.05 million.

In 2024, McEwen Mining Inc.'s operating cash flow was $-30568000.00 while its capital expenditure stood at $4.01 million.

Comparatively, McEwen Mining Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$6.71

52-Week High

$10

52-Week Low

$2.865

Analyst Target Price

$11.57

McEwen Mining Inc. stock is currently trading at $6.71 per share. It touched a 52-week high of $10 and a 52-week low of $10. Analysts tracking the stock have a 12-month average target price of $11.57.

Its 50-day moving average was $7.73 and 200-day moving average was $7.3 The short ratio stood at 6.07 indicating a short percent outstanding of 0%.

Around 1745.4% of the company’s stock are held by insiders while 2122.8% are held by institutions.