McEwen Mining Inc (NYSE: MUX)’s stock price has gone rise by 0.24 in comparison to its previous close of 7.86, however, the company has experienced a 5.47% increase in its stock price over the last five trading days. seekingalpha.com reported 2025-03-18 that 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.
Is It Worth Investing in McEwen Mining Inc (NYSE: MUX) Right Now?
The 36-month beta value for MUX is also noteworthy at 1.19. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for MUX is 45.21M, and at present, short sellers hold a 10.55% of that float. The average trading volume of MUX on March 19, 2025 was 852.27K shares.
MUX’s Market Performance
MUX stock saw an increase of 5.47% in the past week, with a monthly gain of 4.63% and a quarterly increase of -6.43%. The volatility ratio for the week is 5.16%, and the volatility levels for the last 30 days are 4.95% for McEwen Mining Inc (MUX). The simple moving average for the past 20 days is 8.79% for MUX’s stock, with a -11.44% simple moving average for the past 200 days.
Analysts’ Opinion of MUX
Many brokerage firms have already submitted their reports for MUX stocks, with ROTH Capital repeating the rating for MUX by listing it as a “Buy.” The predicted price for MUX in the upcoming period, according to ROTH Capital is $2 based on the research report published on September 14, 2020 of the previous year 2020.
B. Riley FBR, on the other hand, stated in their research note that they expect to see MUX reach a price target of $4.20. The rating they have provided for MUX stocks is “Buy” according to the report published on September 10th, 2019.
ROTH Capital gave a rating of “Buy” to MUX, setting the target price at $3.25 in the report published on December 11th of the previous year.
MUX Trading at 1.51% from the 50-Day Moving Average
After a stumble in the market that brought MUX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.97% of loss for the given period.
Volatility was left at 4.95%, however, over the last 30 days, the volatility rate increased by 5.16%, as shares surge +3.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.83% lower at present.
During the last 5 trading sessions, MUX rose by +4.22%, which changed the moving average for the period of 200-days by -35.45% in comparison to the 20-day moving average, which settled at $7.24. In addition, McEwen Mining Inc saw 1.27% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MUX starting from Darveau-Garneau Nicolas, who purchase 2,285 shares at the price of $8.37 back on Dec 06 ’24. After this action, Darveau-Garneau Nicolas now owns 2,285 shares of McEwen Mining Inc, valued at $19,114 using the latest closing price.
Diges Carmen L, the General Counsel/Corp Sec of McEwen Mining Inc, sale 17,066 shares at $9.44 during a trade that took place back on Jun 21 ’24, which means that Diges Carmen L is holding 10,982 shares at $161,103 based on the most recent closing price.
Stock Fundamentals for MUX
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.15 for the gross margin
The net margin for McEwen Mining Inc stands at 0.52. The total capital return value is set at -0.0. Equity return is now at value -8.76, with -6.58 for asset returns.
Based on McEwen Mining Inc (MUX), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 1.11. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -0.15.
Currently, EBITDA for the company is -71.41 million with net debt to EBITDA at 0.47. When we switch over and look at the enterprise to sales, we see a ratio of 2.22. The receivables turnover for the company is 95.11for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
In summary, McEwen Mining Inc (MUX) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
