McEwen Mining Inc (TSE:MUX - Free Report) NYSE: MUX - Investment analysts at HC Wainwright increased their FY2024 EPS estimates for shares of McEwen Mining in a research report issued on Thursday, November 7th. HC Wainwright analyst H. Ihle now anticipates that the company will earn ($0.83) per share for the year, up from their prior estimate of ($1.21). The consensus estimate for McEwen Mining's current full-year earnings is $0.07 per share. HC Wainwright also issued estimates for McEwen Mining's FY2025 earnings at ($0.21) EPS.
McEwen Mining Stock Performance
Shares of MUX stock traded down C$0.98 during trading on Monday, reaching C$11.42. 48,970 shares of the company's stock traded hands, compared to its average volume of 34,592. The company has a market capitalization of C$605.15 million, a P/E ratio of 4.88 and a beta of 1.45. The company has a current ratio of 1.68, a quick ratio of 1.00 and a debt-to-equity ratio of 8.53. The firm's 50-day moving average is C$13.10 and its 200 day moving average is C$13.59. McEwen Mining has a 1 year low of C$8.05 and a 1 year high of C$17.08.
McEwen Mining Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider McEwen Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and McEwen Mining wasn't on the list.
While McEwen Mining currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.