McEwen Mining (NYSE:MUX - Get Free Report) TSE: MUX will be announcing its earnings results after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
McEwen Mining (NYSE:MUX - Get Free Report) TSE: MUX last released its earnings results on Wednesday, August 7th. The basic materials company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by ($0.04). McEwen Mining had a return on equity of 18.08% and a net margin of 46.32%. The company had revenue of $47.48 million during the quarter, compared to analyst estimates of $43.90 million. During the same quarter last year, the business earned ($0.46) earnings per share. On average, analysts expect McEwen Mining to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
McEwen Mining Stock Performance
Shares of NYSE MUX traded down $0.16 during midday trading on Monday, reaching $9.16. The company had a trading volume of 437,753 shares, compared to its average volume of 661,275. McEwen Mining has a 1 year low of $5.92 and a 1 year high of $12.50. The business's 50-day simple moving average is $9.58 and its 200 day simple moving average is $9.99. The company has a current ratio of 1.68, a quick ratio of 1.21 and a debt-to-equity ratio of 0.07. The stock has a market cap of $467.80 million, a P/E ratio of 4.98 and a beta of 1.43.
Analysts Set New Price Targets
Separately, StockNews.com cut McEwen Mining from a "hold" rating to a "sell" rating in a research report on Thursday, July 11th.
Check Out Our Latest Stock Report on McEwen Mining
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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