MUX Share Price | McEwen Mining, Inc. Stock Analysis & Recommendation

Q: What does McEwen Mining, Inc. do?

Overview:McEwen Mining, Inc. is a mining and minerals production and exploration company focused on precious and base metals in the Gems, Jewellery and Watches industry, categorized as a micro-cap company.Financial Snapshot:Most recent Net Sales: 36 Million (Quarterly Results - Mar 2025) Most recent Net Profit: -6 Million (Quarterly Results - Mar 2025) Market cap: USD 509.10 Million (Micro Cap)Key Metrics:Debt Equity: 0.10 Return on Equity: -6.30% Price to Book: 1.06 Contact Details:Address: 150 King St W Suite 2800 -, P.O. Box 24 TORONTO ON : M5H 1J9 Tel: 1 647 2580395 Website: http://www.mcewenmining.com/

Q: Is McEwen Mining, Inc. overvalued or undervalued?

As of 14 March 2025, the valuation grade for McEwen Mining, Inc. has moved from attractive to risky, indicating a shift in perception regarding its valuation. The company appears to be overvalued, particularly given its negative P/E ratio and poor return metrics, with a Price to Book Value of 1.05 and an EV to EBITDA of 25.18. In comparison, Gatos Silver, Inc. has a P/E of 29.51, while Caledonia Mining Corp. Plc is considered expensive with a P/E of 12.21, highlighting that McEwen Mining is not competitively positioned within its industry.Despite McEwen Mining's impressive year-to-date return of 75.06%, which significantly outperformed the S&P 500's 12.22%, the underlying financial metrics suggest that the stock may not be justified at its current price level. The company's return on equity (ROE) stands at -6.30%, further supporting the conclusion that it is overvalued in the current market environment.

Q: Is McEwen Mining, Inc. technically bullish or bearish?

As of 20 August 2025, the technical trend for McEwen Mining, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. The daily moving averages also indicate a bullish stance. While the Bollinger Bands show a mildly bullish signal on the weekly timeframe, they are bullish on the monthly. The KST is bullish weekly but mildly bearish monthly, and the Dow Theory reflects a mildly bullish stance on both timeframes. The OBV is mildly bullish on both weekly and monthly charts.In terms of performance, McEwen Mining has significantly outperformed the S&P 500 over the year, with a return of 52.86% compared to the S&P 500's 17.14%. However, it has underperformed in the last week, with a return of -1.38% against the S&P 500's 1.05%. Overall, the current technical stance is bullish, indicating a strong upward momentum.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.52 M

Shareholding (Sep 2025)

FII

11.74%

Held by 70 FIIs

DII

72.31%

Held by 19 DIIs

Promoter

0.02%

How big is McEwen Mining, Inc.?

22-Jun-2025

As of Jun 18, McEwen Mining, Inc. has a market capitalization of 509.10 million and reported net sales of 168.95 million, with a net profit loss of 29.57 million. As of Dec 24, the company has shareholder's funds of 494.98 million and total assets of 667.85 million.

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What does McEwen Mining, Inc. do?

22-Jun-2025

McEwen Mining, Inc. is a micro-cap company engaged in the production and exploration of precious and base metals. As of March 2025, it reported net sales of $36 million and a net profit loss of $6 million, with a market cap of $509.10 million.

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Who are in the management team of McEwen Mining, Inc.?

22-Jun-2025

As of March 2022, the management team of McEwen Mining, Inc. includes Mr. Robert McEwen as Chairman and CEO, with Dr. Donald Quick and several Independent Directors: Mr. Allen Ambrose, Ms. Michele Ashby, Mr. Richard Brissenden, and Mr. Robin Dunbar.

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Is McEwen Mining, Inc. overvalued or undervalued?

20-Sep-2025

As of March 14, 2025, McEwen Mining, Inc. is considered risky and overvalued due to its negative P/E ratio, poor return metrics, and a return on equity of -6.30%, despite a strong year-to-date return of 75.06%.

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Is McEwen Mining, Inc. technically bullish or bearish?

20-Sep-2025

As of August 20, 2025, McEwen Mining, Inc. shows a bullish technical trend supported by positive MACD indicators and moving averages, having outperformed the S&P 500 over the year with a 52.86% return, despite a recent weekly underperformance.

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Compare McEwen Mining, Inc. with Similar Stocks

Gatos Silver, Inc.Coeur Mining, Inc.Hecla Mining Co.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 1.24%

Poor long term growth as Operating profit has grown by an annual rate 14.05% of over the last 5 years
Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -14.08

Flat results in Jun 25

Risky - Negative Operating Profits

Mojo Parameters

Stock DNA

Industry

Gems, Jewellery And Watches

Market cap

USD 1,293 Million (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.11

Return on Equity

-3.08%

Price to Book

2.65

Revenue and Profits:

Net Sales:

51 Million

(Quarterly Results - Sep 2025)

Net Profit:

0 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

23.16%

6 Months

130.13%

1 Year

174.27%

2 Years

258.02%

3 Years

246.89%

4 Years

185.98%

5 Years

93.8%

McEwen Mining, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

7.95%

EBIT Growth (5y)

14.05%

EBIT to Interest (avg)

-14.08

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

0.10

Sales to Capital Employed (avg)

0.32

Tax Ratio

5.04%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

50.59%

ROCE (avg)

ROE (avg)

1.24%

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

1.05

EV to EBIT

-79.59

EV to EBITDA

25.18

EV to Capital Employed

1.05

EV to Sales

3.27

PEG Ratio

Dividend Yield

ROCE (Latest)

-1.32%

ROE (Latest)

-6.30%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 22 Schemes (15.92%)

Foreign Institutions

Held by 70 Foreign Institutions (11.74%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Sep'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Sep 2025 is -3.26% vs 35.94% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Sep 2025 is 76.19% vs 92.61% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "50.50",
          "val2": "52.20",
          "chgp": "-3.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.80",
          "val2": "12.60",
          "chgp": "-93.65%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.60",
          "val2": "1.10",
          "chgp": "45.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "1.50",
          "val2": "-0.40",
          "chgp": "475.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-0.50",
          "val2": "-2.10",
          "chgp": "76.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-150.90%",
          "val2": "57.10%",
          "chgp": "-20.80%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 4.99% vs 50.54% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -231.63% vs 138.56% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "174.50",
          "val2": "166.20",
          "chgp": "4.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.30",
          "val2": "-71.30",
          "chgp": "128.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.60",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.40",
          "val2": "20.50",
          "chgp": "-98.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-43.70",
          "val2": "33.20",
          "chgp": "-231.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-72.30%",
          "val2": "-627.50%",
          "chgp": "55.52%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Sep'25 - YoY

Sep'25

Sep'24

Change(%)

Net Sales

50.50

52.20

-3.26%

Operating Profit (PBDIT) excl Other Income

0.80

12.60

-93.65%

Interest

1.60

1.10

45.45%

Exceptional Items

1.50

-0.40

475.00%

Consolidate Net Profit

-0.50

-2.10

76.19%

Operating Profit Margin (Excl OI)

-150.90%

57.10%

-20.80%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Sep 2025 is -3.26% vs 35.94% in Sep 2024

Consolidated Net Profit

YoY Growth in quarter ended Sep 2025 is 76.19% vs 92.61% in Sep 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

174.50

166.20

4.99%

Operating Profit (PBDIT) excl Other Income

20.30

-71.30

128.47%

Interest

4.60

0.00

Exceptional Items

0.40

20.50

-98.05%

Consolidate Net Profit

-43.70

33.20

-231.63%

Operating Profit Margin (Excl OI)

-72.30%

-627.50%

55.52%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 4.99% vs 50.54% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -231.63% vs 138.56% in Dec 2023

All Annual Results

Company CV

About McEwen Mining, Inc.

McEwen Mining, Inc.

Gems, Jewellery And Watches

McEwen Mining Inc. is a mining and minerals production and exploration company. The Company is focused on precious and base metals in Argentina, Mexico and the United States. The Company's segments include Mexico, Minera Santa Cruz S.A. (MSC), Nevada and Los Azules. The Mexico Operations segment includes properties, such as El Gallo 1 mine and the El Gallo 2 project. The MSC segment includes properties, such as the San Jose mine and other concessions located around the mine. The Company's properties in Nevada segment include Gold Bar project and exploration properties. The Gold Bar project is a proposed mine project. The Los Azules segment includes various properties, such as Los Azules project, Chonchones project, Laganoso project, La Cerrada project and Other Argentina properties. The Los Azules copper project is an advanced-stage porphyry copper exploration project located in the cordilleran region of San Juan Province, Argentina near the border with Chile.

Company Coordinates

Company Details

150 King St W Suite 2800 -, P.O. Box 24 TORONTO ON : M5H 1J9

Tel: 1 647 2580395

http://www.mcewenmining.com/

Registrar Details

McEwen Mining, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is McEwen Mining, Inc.?

Watch in Real-Time

What does McEwen Mining, Inc. do?

Who are in the management team of McEwen Mining, Inc.?

Is McEwen Mining, Inc. overvalued or undervalued?

Is McEwen Mining, Inc. technically bullish or bearish?

Compare McEwen Mining, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 1.24%

Flat results in Jun 25

Risky - Negative Operating Profits

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Sep'25 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About McEwen Mining, Inc.

Company Coordinates