Mcewen Stock Analysis

MUX -  USA Stock  

USD 1.42  0.05  3.40%

The current rise in Mcewen Mining short term price appreciation may encourage investors to take a closer look at the firm as it is trading at a share price of 1.42 on 26,001,500 in trading volume. The company directors and management have successfully maneuvered the firm at convenient times to take advantage of all market conditions in May. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.4. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Mcewen Mining partners.
Additionally, see Stocks Correlation.

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The Mcewen Mining stock analysis report makes it easy to digest most publicly released information about Mcewen Mining and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Mcewen stock analysis module also helps to analyze the Mcewen Mining price relationship with some important fundamental indicators such as market cap and management efficiency.

Mcewen Stock Analysis Notes

About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.62. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mcewen Mining recorded a loss per share of 0.38. The entity next dividend is scheduled to be issued on the 7th of March 2019. The firm had 2:1 split on the 24th of December 1991. 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 founded 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 377 people. To find out more about Mcewen Mining contact Robert McEwen at 647-258-0395 or learn more at http://www.mcewenmining.com.

Mcewen Mining Quarterly Cost of Revenue

28.73 MillionShare

Mcewen Mining Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Mcewen Mining's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Mcewen Mining or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Mcewen Mining may become a speculative penny stock
Mcewen Mining has very high historical volatility over the last 90 days
Mcewen Mining was previously known as McEwen Mining and was traded on New York Stock Exchange under the symbol MUX.
The company reported the last year's revenue of 104.79 M. Reported Net Loss for the year was (152.32 M) with loss before taxes, overhead, and interest of (15.72 M).
Mcewen Mining has about 20.84 M in cash with (27.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Mcewen Mining has a poor financial position based on the latest SEC disclosures
Roughly 18.0% of the company outstanding shares are owned by corporate insiders

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. It also may provide a comparison to Mcewen Mining previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report5th of August 2021
Next Earnings Report4th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End9th of March 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

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
2020-10-29
2020-09-30-0.0233-0.020.003314 
2019-04-30
2019-03-31-0.035-0.030.00514 
2018-07-31
2018-06-30-0.0133-0.02-0.006750 
View All Earnings Estimates

Mcewen Mining SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Mcewen Mining prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Mcewen Mining investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Mcewen Mining specific information freely available to individual and institutional investors to make a timely investment decision.
10th of May 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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7th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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4th of May 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
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20th of April 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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19th of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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13th of April 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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29th of March 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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17th of March 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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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 IdeaPrecious Metals
USA Equities from Precious Metals industry as classified by Fama & French

Mcewen Market Capitalization

The company currently falls under 'Small-Cap' category with total capitalization of 652.05 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 these looking for more risk prefer small-cap and mid-cap equities.

Mcewen Profitablity

Mcewen Mining's profitability indicators refer to fundamental financial ratios that showcase Mcewen Mining's ability to generate income relative to its revenue or operating costs. If, let's say, Mcewen Mining is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Mcewen Mining's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Mcewen Mining's profitability requires more research than a typical breakdown of Mcewen Mining's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (145.36) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (39.02) %, which entails that for every $100 of revenue, it lost -0.39.
Last ReportedProjected for 2021
Return on Investment(31.51) (32.34) 
Return on Average Assets(0.30) (0.30) 
Return on Average Equity(0.40) (0.41) 
Return on Invested Capital(0.29) (0.32) 
Return on Sales(1.40) (1.51) 

Management Efficiency

The entity has Return on Asset of (16.54) % which means that on every $100 spent on asset, it lost $16.54. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (35.23) %, meaning that it generated no profit with money invested by stockholders. Mcewen Mining 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. Return on Investment is likely to drop to -32.34 in 2021. Return on Average Assets is likely to drop to -0.3 in 2021. Mcewen Mining Total Assets are fairly stable at the moment as compared to the past year. Mcewen Mining reported Total Assets of 499.94 Million in 2020. Current Assets is likely to rise to about 63.3 M in 2021, whereas Asset Turnover is likely to drop 0.18 in 2021.
Last ReportedProjected for 2021
Book Value per Share 0.91  1.18 
Enterprise Value over EBIT(3.00) (3.24) 
Enterprise Value over EBITDA(3.53) (3.80) 
Price to Book Value 1.10  1.24 
Tangible Assets Book Value per Share 1.24  1.55 
Enterprise Value434.6 M465.7 M
Tangible Asset Value499.9 M604.3 M

Technical Drivers

As of the 20th of June, Mcewen Mining secures the Mean Deviation of 2.62, risk adjusted performance of 0.0929, and Downside Deviation of 3.74. In connection with fundamental indicators, the technical analysis model lets you check existing 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 some-what accurately, providing market reflects its recent price of 1.42 per share. Please also check out Mcewen Mining total risk alpha, which is currently at 0.2454 to check the company can sustain itself at a future point.

Mcewen Mining Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. View also all equity analysis or get more info about mavp overlap studies indicator.

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 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 Forecast Models

Mcewen Mining time-series forecasting models is one of many Mcewen Mining's stock analysis techniquest aimed to predict 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 stock market movement and maximize returns from investment trading.

About Mcewen Mining Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Mcewen Mining stock is reacting to, or reflecting on a current stock 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 2021
Operating Margin(42.42) (45.77) 
EBITDA Margin(1.18) (1.27) 
Gross Margin(0.26) (0.28) 
Profit Margin(1.45) (1.57) 
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. The company primarily owns a 100 percent interest in the Gold Bar mine in Eureka County, Nevada the Black Fox gold mine 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 percent interest in the San Jos 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 founded in 1979 and is headquartered in Toronto, Canada.

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
1.88Strong Buy2Odds
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.
Quick Ratio0.50
Fifty Two Week Low0.8700
Revenue Growth-14.40%
Average Daily Volume Last 10 Day8.26M
Shares Short Prior Month51.25M
Average Daily Volume In Three Month4.62M
Shares Percent Shares Out10.97%
Gross Margins-15.00%
Forward Price Earnings71.00
Short Percent Of Float13.37%
Float Shares375.54M
Fifty Two Week High1.7100
Fifty Day Average1.3944
Enterprise Value To Ebitda-15.51
Two Hundred Day Average1.1613
Enterprise Value To Revenue6.05
Additionally, see Stocks Correlation. Note that the Mcewen Mining information on this page should be used as a complementary analysis to other Mcewen Mining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Mcewen Mining 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 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.
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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 underlying business (such as 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 Mcewen Mining value 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.