McEwen MiningMUX
MUX
About: McEwen Mining Inc is a mining and minerals production and exploration company that focuses on precious and base minerals in Argentina, Mexico, and the United States. The company primarily generates its revenue from gold and silver production. It owns and operates the wholly-owned El Gallo 1 mine in Mexico and holds a minority stake in the company that manages the San Jose mine in Argentina. More than half of the company's gold output comes from the El Gallo 1 mine, while the remaining gold production and the majority of silver production are sourced from the San Jose mine. Geographically, most production occurs in the United States.
Employees: 424
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
21% more call options, than puts
Call options by funds: $3.56M | Put options by funds: $2.95M
0.77% less ownership
Funds ownership: 28.56% [Q3] → 27.79% (-0.77%) [Q4]
11% less funds holding
Funds holding: 104 [Q3] → 93 (-11) [Q4]
21% less capital invested
Capital invested by funds: $145M [Q3] → $114M (-$30.7M) [Q4]
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$12.50
55%
upside
Avg. target
$15.25
89%
upside
High target
$18
123%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Roth MKM Joe Reagor 42% 1-year accuracy 16 / 38 met price target | 55%upside $12.50 | Buy Maintained | 21 Mar 2025 |
HC Wainwright & Co. Heiko Ihle 57% 1-year accuracy 114 / 199 met price target | 123%upside $18 | Buy Reiterated | 19 Mar 2025 |
Financial journalist opinion
Based on 3 articles about MUX published over the past 30 days
Neutral
Newsfile Corp
3 weeks ago
Canadian Gold Corp. Closes $3 Million Financing, McEwen Mining Inc. Becomes 5.9% Strategic Shareholder
Toronto, Ontario--(Newsfile Corp. - March 27, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that it has closed its non-brokered financing previously announced on March 10, 2025. The Company issued 8,823,529 charity flow-through shares (the "Charity FT Shares") at a price of $0.28 per Charity FT Share and 2,941,176 common share units (the "Share Units") at a price of $0.17 per Share Unit for aggregate gross proceeds to the Company of approximately $3 million (the "Offering").
Positive
Seeking Alpha
3 weeks ago
McEwen: Growth Target Back On Solid Momentum With New Funding
McEwen Mining Inc. is recommended as a "Buy" due to impressive profitability driven by rising gold prices, despite lower production volumes. The company's growth targets are supported by recent financing through convertible bonds, reducing borrowing costs and enabling future production increases. MUX's key assets include the Gold Bar Mine, Fox Complex, and San Jose Mine, with significant potential for increased GEO production by 2027.
Negative
Zacks Investment Research
4 weeks ago
MUX Q4 Earnings Miss Estimates, Revenues Down Y/Y on Low Sales Volumes
McEwen Mining's fourth-quarter revenues reflect the impact of low volumes sold, somewhat offset by higher prices.
Neutral
Seeking Alpha
1 month ago
McEwen Mining, Inc. (MUX) Q4 2024 Earnings Call Transcript
McEwen Mining, Inc. (NYSE:MUX ) Q4 2024 Earnings Conference Call March 18, 2025 11:00 AM ET Company Participants Rob McEwen - Chairman & Chief Owner William Shaver - Chief Operating Officer Perry Ing - Chief Financial Officer Jeff Chan - Vice President, Finance Stefan Spears - Vice President, Corporate Development Michael Meding - Vice President & General Manger, McEwen Copper Carmen Diges - General Counsel & Secretary Conference Call Participants Jake Sekelsky - Alliance Global Partners Mike Kozak - Cantor Fitzgerald Chris White - Gray Aspen John Tumazos - Very Independent Research Operator Hello, ladies and gentlemen, welcome to McEwen Mining's Fourth Quarter and Year End 2024 Operating and Financial Results Conference Call. Present from the company today are Rob McEwen, Chairman and Chief Owner; William Shaver, Chief Operating Officer; Perry Ing, Chief Financial Officer; Jeff Chan, Vice President, Finance; Stefan Spears, Vice President, Corporate Development; Michael Meding, Vice President and General Manager at McEwen Copper; Carmen Diges, General Counsel and Security.
Neutral
GlobeNewsWire
1 month ago
McEwen Mining Reports 2024 Q4 & Year-End Results and Outlook for 2025
TORONTO, March 18, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its fourth quarter ("Q4") and full year 2024 financial and operational results. Production ounces in line with guidance coupled with higher gold prices contributed to increased revenues. Looking ahead, the Company is advancing key projects at Los Azules and Fox Complex while continuing to invest in growth initiatives.
Neutral
GlobeNewsWire
1 month ago
McEwen Mining Q4 And Year-End 2024 Results Conference Call
TORONTO, March 17, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q4 and year-end 2024 financial results, on Tuesday, March 18 th , 2025, at 11:00 AM EDT, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast.
Negative
Zacks Investment Research
1 month ago
McEwen (MUX) Reports Q4 Loss, Lags Revenue Estimates
McEwen (MUX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $2.90 per share a year ago.
Neutral
Newsfile Corp
1 month ago
McEwen Mining Inc. to Become 5.9% Strategic Shareholder in Canadian Gold Corp. to Advance Tartan Mine Exploration & Development Plan
Toronto, Ontario--(Newsfile Corp. - March 10, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that it has entered into an agreement where it will issue 8,823,529 charity flow-through shares (the "Charity FT Shares") at a price of $0.28 per Charity FT Share and 2,941,176 common share units (the "Share Units") at a price of $0.17 per Share Unit for aggregate gross proceeds to the Company of approximately $3 million (the "Offering"). The Offering will be conducted on a non-brokered private placement basis.
Neutral
GlobeNewsWire
1 month ago
McEwen Mining: Highlights from 2024 Drilling at the Recently Acquired Timberline Property Assay Highlights:
WF006: 2.85 g/t Au over 33.5 m from 64.0 m (0.083 oz/T Au over 110 ft)
Negative
Zacks Investment Research
1 month ago
Analysts Estimate McEwen (MUX) to Report a Decline in Earnings: What to Look Out for
McEwen (MUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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