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HC Wainwright Raises Earnings Estimates for McEwen Mining

McEwen Mining logo with Basic Materials background

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

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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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Earnings History and Estimates for McEwen Mining (TSE:MUX)

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