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.

Results Declared: McEwen Mining, Inc. has declared results on 12 Mar 2026! Click here to unlock the latest financial performance

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.94 M

Shareholding (Dec 2025)

FII

13.70%

Held by 90 FIIs

DII

67.9%

Held by 22 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

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 1,347 Million (Small 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

2.76

Revenue and Profits:

Net Sales:

65 Million

(Quarterly Results - Dec 2025)

Net Profit:

38 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-1.91%

6 Months

35.9%

1 Year

135.5%

2 Years

118.79%

3 Years

134.01%

4 Years

111.2%

5 Years

65.27%

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)

8.75%

EBIT Growth (5y)

12.08%

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

61.31%

ROCE (avg)

ROE (avg)

1.24%

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

2.76

EV to EBIT

-89.04

EV to EBITDA

94.77

EV to Capital Employed

2.59

EV to Sales

8.40

PEG Ratio

Dividend Yield

ROCE (Latest)

-2.91%

ROE (Latest)

-3.08%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bullish

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

Mildly Bullish

No Trend

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

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 26 Schemes (18.37%)

Foreign Institutions

Held by 90 Foreign Institutions (13.7%)

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) - Dec'25 - YoY",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2025 is 92.84% vs -42.93% in Dec 2024",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2025 is 564.63% vs -105.81% in Dec 2024",
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    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
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          "val2": "33.50",
          "chgp": "92.84%",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.20",
          "val2": "-1.00",
          "chgp": "320.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.60",
          "val2": "0.90",
          "chgp": "188.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-1.20",
          "val2": "0.50",
          "chgp": "-340.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "38.10",
          "val2": "-8.20",
          "chgp": "564.63%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "-254.10%",
          "chgp": "15.23%",
          "chgp_class": "positive"
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  },
  {
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        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2025 is 178.72% vs -231.63% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
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      "body": [
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          "field": "Net Sales",
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          "val2": "174.50",
          "chgp": "13.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "17.90",
          "val2": "20.30",
          "chgp": "-11.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "7.20",
          "val2": "4.60",
          "chgp": "56.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "1.40",
          "val2": "0.40",
          "chgp": "250.00%",
          "chgp_class": "positive"
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        {
          "field": "Consolidate Net Profit",
          "val1": "34.40",
          "val2": "-43.70",
          "chgp": "178.72%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-69.70%",
          "val2": "-72.30%",
          "chgp": "0.26%",
          "chgp_class": "positive"
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]

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

Dec'25

Dec'24

Change(%)

Net Sales

64.60

33.50

92.84%

Operating Profit (PBDIT) excl Other Income

2.20

-1.00

320.00%

Interest

2.60

0.90

188.89%

Exceptional Items

-1.20

0.50

-340.00%

Consolidate Net Profit

38.10

-8.20

564.63%

Operating Profit Margin (Excl OI)

-101.80%

-254.10%

15.23%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Dec 2025 is 92.84% vs -42.93% in Dec 2024

Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is 564.63% vs -105.81% in Dec 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

197.60

174.50

13.24%

Operating Profit (PBDIT) excl Other Income

17.90

20.30

-11.82%

Interest

7.20

4.60

56.52%

Exceptional Items

1.40

0.40

250.00%

Consolidate Net Profit

34.40

-43.70

178.72%

Operating Profit Margin (Excl OI)

-69.70%

-72.30%

0.26%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is 13.24% vs 4.99% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is 178.72% vs -231.63% in Dec 2024

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