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MUX Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
25.960
Open
24.650
VWAP
25.23
Vol
1.12M
Mkt Cap
1.50B
Low
24.650
Amount
28.29M
EV/EBITDA(TTM)
51.35
Total Shares
59.74M
EV
1.50B
EV/OCF(TTM)
71.95
P/S(TTM)
7.23
McEwen Inc. is a gold and silver mining production and exploration company. It is involved in a copper development project. Its operations sites include San Jose Mine, Fox Complex, Gold Bar mine, El Gallo Complex, Project Fenix, and Los Azules. The San Jose mine is in the northwest corner of the Deseado Massif region, over 20 kilometers north of Newmont's Cerro Negro mine. The Fox Complex is in the Timmins Gold Mining Camp in Northern Ontario, Canada. The Gold Bar Mine is in the southern Roberts Mountains of the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Central Nevada. The El Gallo Complex is in Mexico’s Sinaloa State, along the foothills of the Sierra Madres Occidental mountain range. Fox West properties are in the heart of Timmins Gold Camp in northern Ontario, Canada. It holds an interest in Tartan Lake Gold Mine Project, which is in the province of Manitoba, Canada. It also holds Jewel Ridge and Jewel Ridge West projects and Lookout Mountain discoveries.
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Events Timeline

(ET)
2026-03-23
06:10:00
McEwen Reports Mineral Resource Estimate for Tartan Mine Project
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2026-03-12 (ET)
2026-03-12
06:10:00
McEwen Mining Q4 Revenue $64.6M, Below Consensus
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2026-03-10 (ET)
2026-03-10
09:40:00
Goliath Resources Issues 3 Million Shares, Holds 100% Interest in Golddigger
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2026-01-28 (ET)
2026-01-28
23:10:00
McEwen to Acquire Golden Lake Exploration
select

News

Globenewswire
5.0
05-11Globenewswire
Goliath Resources Appoints New Advisor to Enhance Expertise
  • Advisor Appointment: Goliath Resources has appointed Alan Edwards to its advisory board, significantly enhancing the company's technical and operational capabilities with his 40 years of global mining experience, aiding in the advancement of the high-grade Surebet Gold Discovery.
  • Drilling Program: The company is set to launch a fully funded approximately 50,000-meter drilling program in 2026, aimed at expanding the Golddigger Project both laterally and at depth, which is expected to drive further resource assessment and development.
  • Equity Incentives: Alan has been granted 250,000 stock options priced at $1.79 per share, along with 210,000 restricted share units (RSUs), incentivizing him to contribute more value to the company over the next three years.
  • Strategic Investment: This appointment aligns with Goliath's strategic goals, as Alan's extensive experience and successful track record are anticipated to propel the development of the Surebet Gold Discovery, thereby enhancing shareholder value.
Newsfilter
5.0
05-11Newsfilter
Goliath Resources Appoints New Advisory Board Member
  • Strategic Appointment: Goliath Resources Limited has appointed Alan Edwards to its advisory board, whose 40 years of global mining experience is expected to significantly enhance the company's technical and operational capabilities, aiding the advancement of the high-grade Surebet Gold Discovery.
  • Drilling Program Launch: The company plans a fully funded ~50,000-meter drilling program in 2026 aimed at expanding its 100% owned Golddigger Project, which is anticipated to lay the groundwork for future mineral resource growth.
  • Equity Incentive Plan: The company has granted Alan 250,000 stock options priced at $1.79 per share, along with 210,000 restricted share units (RSUs), which will strengthen his commitment and incentive for the company's long-term development.
  • Positive Market Outlook: Goliath Resources completed its largest drilling campaign of 64,364 meters in 2025 and is expected to maintain a similar scale of drilling in 2026, demonstrating the company's strong growth potential in the Golden Triangle region.
seekingalpha
7.5
05-09seekingalpha
Rio Tinto Evaluates Economic Potential of Los Azules Copper Project
  • Economic Potential Assessment: Rio Tinto is evaluating the economic potential of McEwen Copper's Los Azules project, one of the world's ten largest undeveloped copper projects, considering increasing its 17.2% stake, which could enhance its strategic position in the copper market.
  • Deepening Technical Collaboration: Rio Tinto holds its stake in Los Azules through its Nuton copper technology venture, with its technical team testing Nuton's proprietary leaching technology on-site, which not only aids in assessing the project's economic viability but may also improve copper production efficiency.
  • Feasibility Study Results: The feasibility study released in October 2025 estimates an after-tax net present value of $2.9 billion for the Los Azules project, targeting first production by 2030, with an average production forecast of 204,800 metric tons per year of copper cathode over the first five years, indicating strong long-term profitability potential.
  • Ongoing Strategic Dialogue: McEwen Copper's managing director Michael Meding stated that Rio Tinto is having fruitful discussions with Nuton, as the construction of Rio's copper pipeline provides a favorable opportunity for collaboration, further solidifying its competitive edge in the copper market.
seekingalpha
9.5
05-08seekingalpha
McEwen Inc. Reports Q1 2026 Earnings with Significant Turnaround
  • Significant Profit Turnaround: McEwen Inc. reported a net income of $33.4 million for Q1 2026, translating to $0.56 per share, a stark contrast to the $6.3 million net loss and $0.12 loss per share from the previous year, indicating improved operational performance and rising gold and silver prices.
  • Production Outlook: The company aims to scale production to 250,000 to 300,000 gold equivalent ounces by 2030, with CEO McEwen emphasizing an internally funded multi-asset growth strategy that is expected to nearly double production while minimizing dilution risks over the coming years.
  • Cash Flow and Dividends: CFO Ing highlighted a cash balance of $57 million at the end of Q1, up from $51 million at the beginning of the year, and projected an additional $30 million to $40 million in dividends from Minera Santa Cruz throughout the year, enhancing the company's liquidity and financial stability.
  • Los Azules Project Financing: Management plans to reach a final investment decision by the end of 2026, with total financing costs estimated at approximately $4 billion, targeting a capital structure of 40% equity and 60% debt, while actively advancing the IPO process despite uncertainties surrounding project financing and approvals.
seekingalpha
9.5
05-07seekingalpha
McEwen Mining Q1 Earnings Exceed Expectations
  • Strong Performance: McEwen Mining reported Q1 GAAP EPS of $0.56, beating expectations by $0.27, indicating a significant improvement in profitability and reflecting the company's robust performance in the mining sector.
  • Substantial Revenue Growth: The company achieved Q1 revenue of $74 million, a 107.3% year-over-year increase, exceeding market expectations by $6.68 million, primarily driven by the sale of 15,752 GEOs, showcasing success in resource extraction and sales.
  • Adjusted EBITDA Surge: Q1 2026 adjusted EBITDA reached $44.8 million or $0.76 per share, compared to $8.7 million or $0.16 per share in Q1 2025, demonstrating a remarkable enhancement in the company's profitability.
  • Stable Production Outlook: The full-year 2026 production guidance remains between 114,000 and 126,000 GEOs, excluding early pre-commercial production from the Stock mine, reflecting the company's confidence in its future production capabilities.
Newsfilter
9.5
05-07Newsfilter
McEwen Inc. Reports Strong Q1 2026 Financial Results and Production Growth Plans
  • Significant Revenue Growth: In Q1 2026, McEwen reported revenues of $74 million, a 107% increase from Q1 2025, driven by the sale of 15,752 GEOs, highlighting the company's strong performance in the gold and silver markets.
  • Improved Profitability: The gross profit for Q1 was $31.5 million, with a substantial increase in gross margins, and net income reached $33.4 million, a stark contrast to the $6.3 million loss in Q1 2025, reflecting enhanced production efficiency and rising gold prices.
  • Production Expansion Plans: McEwen aims to increase annual production from 39,000-43,000 GEOs in 2026 to 90,000-110,000 GEOs by 2030, targeting projects like Lookout Mountain, Windfall, and Trinity Ridge to strengthen its competitive position in the market.
  • Updated Mineral Resource Estimates: The Tartan Mine project revealed an underground resource estimate of 308,900 ounces of gold, with initial annual production expected at 30,000 GEOs, and potential to increase output to 45,000-55,000 GEOs through future permit modifications, further solidifying the company's resource base.
Wall Street analysts forecast MUX stock price to rise
3 Analyst Rating
Wall Street analysts forecast MUX stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
21.00
Averages
22.00
High
23.50
Current: 0.000
sliders
Low
21.00
Averages
22.00
High
23.50
H.C. Wainwright
NULL -> Buy
upgrade
AI Analysis
2026-03-18
Reason
H.C. Wainwright
Price Target
AI Analysis
2026-03-18
upgrade
NULL -> Buy
Reason
H.C. Wainwright raised the firm's price target on McEwen Mining to $29.50 from $21.50 and keeps a Buy rating on the shares. The company's Los Azules project meaningfully benefits from higher spot prices, the analyst tells investors in a research note.
Roth Capital
NULL -> Buy
upgrade
$30 -> $35
2026-03-18
Reason
Roth Capital
Price Target
$30 -> $35
2026-03-18
upgrade
NULL -> Buy
Reason
Roth Capital raised the firm's price target on McEwen Mining to $35 from $30 and keeps a Buy rating on the shares. The company's Q4 results were mixed relative to expectations, though the management provided an updated net present value for its Los Azules site based on current copper prices and the firm has elected to increase its valuation following that update, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MUX
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Valuation Metrics

The current forward P/E ratio for McEwen Inc (MUX.N) is 12.58, compared to its 5-year average forward P/E of -23.48. For a more detailed relative valuation and DCF analysis to assess McEwen Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-23.48
Current PE
12.58
Overvalued PE
52.82
Undervalued PE
-99.79

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
19.95
Current EV/EBITDA
249.99
Overvalued EV/EBITDA
148.99
Undervalued EV/EBITDA
-109.08

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.72
Current PS
4.27
Overvalued PS
3.71
Undervalued PS
1.72

Financials

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Whales Holding MUX

P
PDT Partners, LLC
Holding
MUX
+8.11%
3M Return

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Frequently Asked Questions

What is McEwen Inc (MUX) stock price today?

The current price of MUX is 25.07 USD — it has increased 3.47

What is McEwen Inc (MUX)'s business?

McEwen Inc. is a gold and silver mining production and exploration company. It is involved in a copper development project. Its operations sites include San Jose Mine, Fox Complex, Gold Bar mine, El Gallo Complex, Project Fenix, and Los Azules. The San Jose mine is in the northwest corner of the Deseado Massif region, over 20 kilometers north of Newmont's Cerro Negro mine. The Fox Complex is in the Timmins Gold Mining Camp in Northern Ontario, Canada. The Gold Bar Mine is in the southern Roberts Mountains of the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Central Nevada. The El Gallo Complex is in Mexico’s Sinaloa State, along the foothills of the Sierra Madres Occidental mountain range. Fox West properties are in the heart of Timmins Gold Camp in northern Ontario, Canada. It holds an interest in Tartan Lake Gold Mine Project, which is in the province of Manitoba, Canada. It also holds Jewel Ridge and Jewel Ridge West projects and Lookout Mountain discoveries.

What is the price predicton of MUX Stock?

Wall Street analysts forecast MUX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MUX is22.00 USD with a low forecast of 21.00 USD and a high forecast of 23.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is McEwen Inc (MUX)'s revenue for the last quarter?

McEwen Inc revenue for the last quarter amounts to 74.05M USD, increased 107.44

What is McEwen Inc (MUX)'s earnings per share (EPS) for the last quarter?

McEwen Inc. EPS for the last quarter amounts to 0.48 USD, decreased -500.00

How many employees does McEwen Inc (MUX). have?

McEwen Inc (MUX) has 486 emplpoyees as of May 12 2026.

What is McEwen Inc (MUX) market cap?

Today MUX has the market capitalization of 1.50B USD.