McEwen Mining Inc (TSE:MUX - Free Report) NYSE: MUX - Analysts at Roth Capital dropped their FY2024 EPS estimates for McEwen Mining in a report released on Wednesday, November 6th. Roth Capital analyst J. Reagor now forecasts that the company will post earnings of ($1.05) per share for the year, down from their previous estimate of ($0.79). The consensus estimate for McEwen Mining's current full-year earnings is $0.07 per share. Roth Capital also issued estimates for McEwen Mining's Q4 2024 earnings at ($0.07) EPS, Q1 2025 earnings at ($0.10) EPS, Q2 2025 earnings at ($0.11) EPS and FY2025 earnings at $0.00 EPS.
McEwen Mining Stock Down 7.9 %
McEwen Mining stock traded down C$0.98 during midday trading on Monday, hitting C$11.42. 48,970 shares of the stock were exchanged, compared to its average volume of 34,592. McEwen Mining has a 52-week low of C$8.05 and a 52-week high of C$17.08. The stock has a market capitalization of C$605.15 million, a price-to-earnings ratio of 4.88 and a beta of 1.45. The business's 50-day moving average price is C$13.10 and its 200-day moving average price is C$13.59. The company has a quick ratio of 1.00, a current ratio of 1.68 and a debt-to-equity ratio of 8.53.
McEwen Mining Company Profile
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McEwen Mining Inc engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada.
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