Mcewen Mining Stock Analysis

McEwen Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.11. 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 Upcoming and Recent Events

McEwen Largest EPS Surprises

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McEwen Mining Thematic Classifications

McEwen Stock Institutional Investors

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 548.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate McEwen Mining's market, we take the total number of its shares issued and multiply it by McEwen Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

McEwen Profitablity

The company has Net Profit Margin of 0.33 %, 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.

Management Efficiency

McEwen Mining has Return on Asset of (0.1099) % which means that on every $100 spent on assets, it lost $0.1099. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0773 %, implying that it generated $0.0773 on every 100 dollars invested. 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. 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 0.09 in 2024, whereas Return On Capital Employed is likely to drop (0.17) in 2024. 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 637.2 M in 2024, whereas Total Current Assets are likely to drop slightly above 31.5 M in 2024.

Technical Drivers

As of the 25th of April, McEwen Mining secures the mean deviation of 2.66, and Risk Adjusted Performance of 0.1551. Concerning fundamental indicators, the technical analysis model lets you check available technical drivers of McEwen Mining, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for McEwen Mining, which can be compared to its peers in the industry. Please verify McEwen Mining semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if McEwen Mining is priced favorably, providing market reflects its recent price of 10.92 per share. Given that McEwen Mining has jensen alpha of 0.718, we recommend you to check McEwen Mining's last-minute market performance to make sure the company can sustain itself next year.

McEwen Mining Price Movement Analysis

McEwen Mining Insider Trading Activities

McEwen Mining Predictive Daily Indicators

McEwen Mining Corporate Filings

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.

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.

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.

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.

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 tightly coupled 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.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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.

Is McEwen Mining's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McEwen Mining. If investors know McEwen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McEwen Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of McEwen Mining is measured differently than its book value, which is the value of McEwen that is recorded on the company's balance sheet. Investors also form their own opinion of McEwen Mining's value that differs from its market value or its book value, called intrinsic value, which is McEwen Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McEwen Mining's market value can be influenced by many factors that don't directly affect McEwen Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between McEwen Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if McEwen Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McEwen Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.