McEwen Mining Stock Target Price and Analyst Consensus

MUX Stock  USD 10.92  0.19  1.71%   
The current analyst and expert consensus on McEwen Mining is Strong Buy, with 2 strong buy opinions. The current projected McEwen Mining target price consensus is 14.02 with 5 analyst opinions. The most common way McEwen Mining analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview McEwen Mining executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on McEwen Mining. We strongly encourage you to use your own analysis of McEwen Mining to validate this buy or sell advice. McEwen Mining buy-or-sell recommendation module provides average expert sentiment on the projected McEwen Mining target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on McEwen Mining to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.
Lowest Forecast
12.76
Highest Forecast
15.56
Target Price
14.02
At this time, McEwen Mining's Pretax Profit Margin is fairly stable compared to the past year. Net Profit Margin is likely to rise to 0.35 in 2024, despite the fact that Gross Profit is likely to grow to (5.9 M). At this time, McEwen Mining's Non Current Liabilities Total is fairly stable compared to the past year. Other Current Assets is likely to rise to about 5.7 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 164.6 M in 2024.
  
It's important to approach McEwen Mining's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize McEwen Mining price targets

McEwen Mining's stock target price is an estimate of its future price, usually made by analysts. Using McEwen Mining's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at McEwen Mining's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if McEwen Mining's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional McEwen Mining Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of McEwen Mining is a key component of McEwen Mining valuation and have some predictive power on the future returns of a McEwen Mining.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of McEwen Mining's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
7.3411.1114.88
Details
Intrinsic
Valuation
LowRealHigh
8.0311.8015.57
Details
Naive
Forecast
LowNextHigh
7.0410.8114.59
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.15-0.07-0.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as McEwen Mining. Your research has to be compared to or analyzed against McEwen Mining's peers to derive any actionable benefits. When done correctly, McEwen Mining's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in McEwen Mining.

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When determining whether McEwen Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of McEwen Mining's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mcewen Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mcewen Mining Stock:
Check out Macroaxis Advice on McEwen Mining to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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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.
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The data published in McEwen Mining's official financial statements usually reflect McEwen Mining's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of McEwen Mining. For example, before you start analyzing numbers published by McEwen accountants, it's critical to develop an understanding of what McEwen Mining's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of McEwen Mining's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, McEwen Mining's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in McEwen Mining's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of McEwen Mining. Please utilize our Beneish M Score to check the likelihood of McEwen Mining's management manipulating its earnings.