McEwen Mining Inc MUX Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$15.48 up $0.61, 4.10% at close Nov 6
Last close · Previous close $14.87
- Market cap
- $924.78MAt the Nov 6 close
- P/E ratio
- 12.29On last 12 months’ EPS
- Diluted EPS
- $1.26Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$15.48up $0.61, 4.10%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$14.87Nov 5
- Volume986.29KNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume909.15KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $13.58 to $29.70; now $15.48
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
MUX beat the S&P 500 in 1 of 7 periods.
| Period | MUX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | MUX: down 14.5% S&P 500: down 5.6% | MUX trailed the S&P 500 by 8.9 percentage points Trailed |
| 3M | MUX: down 15.2% S&P 500: down 4.1% | MUX trailed the S&P 500 by 11.1 percentage points Trailed |
| YTD | MUX: down 16.4% S&P 500: up 8.7% | MUX trailed the S&P 500 by 25.1 percentage points Trailed |
| 1Y | MUX: down 1.1% S&P 500: up 10.9% | MUX trailed the S&P 500 by 12.0 percentage points Trailed |
| Long term | ||
| 3Y | MUX: up 130.7% S&P 500: up 75.0% +32.1% vs +20.5% a year | MUX beat the S&P 500 by 55.7 percentage points Beat |
| 5Y | MUX: up 38.2% S&P 500: up 67.8% +6.7% vs +10.9% a year | MUX trailed the S&P 500 by 29.6 percentage points Trailed |
| 10Y | MUX: down 55.9% S&P 500: up 313.1% −7.9% vs +15.2% a year | MUX trailed the S&P 500 by 369.0 percentage points Trailed |
$10,000 invested in MUX 10 years ago (Nov 4, 2016) would be worth about $4,410 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
MUX beat the S&P 500 in 1 of 7 periods.
| Period | MUX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | MUX: down 14.5% S&P 500: down 5.6% | MUX trailed the S&P 500 by 8.9 percentage points Trailed |
| 3M | MUX: down 15.2% S&P 500: down 4.3% | MUX trailed the S&P 500 by 10.9 percentage points Trailed |
| YTD | MUX: down 16.4% S&P 500: up 7.8% | MUX trailed the S&P 500 by 24.2 percentage points Trailed |
| 1Y | MUX: down 1.1% S&P 500: up 9.7% | MUX trailed the S&P 500 by 10.8 percentage points Trailed |
| Long term | ||
| 3Y | MUX: up 130.7% S&P 500: up 68.8% +32.1% vs +19.1% a year | MUX beat the S&P 500 by 61.9 percentage points Beat |
| 5Y | MUX: up 38.2% S&P 500: up 56.9% +6.7% vs +9.4% a year | MUX trailed the S&P 500 by 18.7 percentage points Trailed |
| 10Y | MUX: down 56.4% S&P 500: up 252.6% −8.0% vs +13.4% a year | MUX trailed the S&P 500 by 309.0 percentage points Trailed |
$10,000 invested in MUX 10 years ago (Nov 4, 2016) would be worth about $4,361 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$322.18
Closing high on . Now 95.2% below that record.
Split-adjusted daily closes since May 7, 1980.
Stock splits
3
Latest: 1-for-10 on . Share counts adjust after each split.
All 3 splits
- 1-for-10
- 1.05-for-1
- 1-for-10
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Jun 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
12.3×The Nov 6 close ÷ diluted EPS over the last 12 months ($1.26)
The range covers daily P/E ratios from Oct 28, 2021 to Nov 6, 2026, each based on the previous 12 months of earnings.
MUX trades at 12.3× its earnings over the last 12 months, above its 5-year median of 7.5×. In plain terms, buyers are paying about $12 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 3.7×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 1.3×Book value as of Jun 30, 2026
Price relative to accounting equity (book value) per share on the Jun 30, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 10.7×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 0.69%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $956.83MAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Jun 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own MUX DCF in Excel. Value McEwen Mining with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $248.44Mup 47.7%
- Net income
- $80.65M
- Diluted EPS
- $1.26
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $52.25M | −$2.08M | −$0.04 |
| Q4 FY24 (Dec 31, 2024) | $33.52M | −$8.23M | −$0.16 |
| Q1 FY25 (Mar 31, 2025) | $35.70M | −$6.27M | −$0.12 |
| Q2 FY25 (Jun 30, 2025) | $46.70M | $3.04M | $0.06 |
| Q3 FY25 (Sep 30, 2025) | $50.53M | −$462.00K | −$0.01 |
| Q4 FY25 (Dec 31, 2025) | $64.62M | $38.13M | $0.66 |
| Q1 FY26 (Mar 31, 2026) | $74.05M | $33.38M | $0.47 |
| Q2 FY26 (Jun 30, 2026) | $59.23M | $9.61M | $0.14 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $136.54M | −$56.71M | Paused See the note under the price. |
| FY22 (Dec 31, 2022) | $110.42M | −$81.08M | −$1.71 |
| FY23 (Dec 31, 2023) | $166.23M | $55.30M | $1.16 |
| FY24 (Dec 31, 2024) | $174.48M | −$43.69M | −$0.86 |
| FY25 (Dec 31, 2025) | $197.55M | $34.43M | $0.59 |
Margins
- Gross 30.9%
- Operating 8.5%
- Net 32.5%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $6.34MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$66.64MLast 12 months
- Capital spending$60.31MLast 12 months
- 2.6%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $24.08MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$0.00Last 12 months
0% of free cash flow
Balance sheet
- $520.54MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$128.40MAs of Jun 30, 2026
- Net cash$392.15MAs of Jun 30, 2026
- 2.04As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.18As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 6 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✗Operating cash flow exceeded net income: not passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 13.5%Last 12 months
Over the last 12 months, McEwen Mining’s net income was 13.5% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 9.1%Last 12 months
Over the last 12 months, McEwen Mining’s net income was 9.1% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.10 |
| 2017 | $0.10 |
| 2018 | $0.10 |
| 2019 | $0.050 |
| 2020 | $0.000 |
| 2021 | $0.000 |
| 2022 | $0.000 |
| 2023 | $0.000 |
| 2024 | $0.000 |
| 2025 | $0.000 |
| 2026 (to date) | $0.000 |
Dividend details
- $0.00Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 0.00%; 5-yr low 0.05%, 5-yr high 1.53%Last 12 months
Dividends paid over the last 12 months as a share of the Nov 6 close. The bar shows where that yield sits in its range over the past five years; the median was 0.14%.
- $0.050Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
About McEwen Mining Inc
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 46.4% of McEwen Copper which owns the large, advanced stage Los Azules copper project in Argentina. The Company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. Rob McEwen, Chairman and Chief Owner, has personally invested $225 million in the companies and takes an annual salary of $1.
- Sector
- Basic Materials
- Industry
- Other Precious Metals & Mining
- Headquarters
- Ontario, Canada
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
MUX news
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MUX stock FAQ
What is MUX stock’s price today?
McEwen Mining (MUX) traded at $15.48 at the close on , up $0.61 (4.10%) from the previous close of $14.87. Over the past 52 weeks it has traded between $13.58 and $29.70.
If you invested $1,000 in MUX 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in MUX on would be worth about $441 at the close on , a total return of −55.9%. The same $1,000 would be worth $1,382 if invested five years ago, $989 if invested one year ago, $330 if invested 20 years ago, and $1,633 if invested 30 years ago. Past performance doesn’t predict future returns.
What is McEwen Mining’s market cap?
McEwen Mining’s market capitalization is about $924.8 million. That’s Tiingo’s daily market cap for , at that day’s closing price of $15.48 (how market cap works). McEwen Mining reported 59.74M shares outstanding at the end of its latest quarter ().
What is MUX’s P/E ratio?
MUX trades at 12.3 times its diluted earnings over the four quarters to ($1.26 per share), at the close. Over the past five years its P/E has ranged from 3.8 to 46.0, with a median of 7.5. (How the P/E ratio works.)
How much revenue does McEwen Mining make?
McEwen Mining reported $248.4 million of revenue over the four quarters to , up 47.7% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $59.2 million, up 26.8% from a year earlier.
Is McEwen Mining profitable?
Yes. McEwen Mining earned $80.6 million of net income over the four quarters to , a net margin of 32.5%, and its operating margin was 8.5% (what margins tell you).
What are MUX’s earnings per share?
MUX’s diluted earnings per share were $1.26 over the four quarters to , compared with −$0.26 in the twelve months before. The latest quarter (Q2 FY26) brought $0.14 per share, against $0.06 a year earlier (how EPS works).
Does MUX pay a dividend?
McEwen Mining hasn’t paid a dividend in the last twelve months.
What is MUX’s 52-week high and low?
Over the past 52 weeks MUX has traded as low as $13.58 and as high as $29.70. At $15.48 at the close on , it is 47.9% below that high and 14.0% above the low.
What is MUX’s all-time high?
MUX’s highest closing price was $322.18 on , adjusted for stock splits. At $15.48 at the close on , it is 95.2% below that record.
Has MUX stock ever split?
Yes, three times: 1-for-10 on ; 1.05-for-1 on ; 1-for-10 on .
How has MUX stock performed?
Including dividends and measured to the close on , MUX has returned −16.4% so far this year and −1.1% over the past year, and +38.2% over five years (+6.7% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is McEwen Mining in?
McEwen Mining is in the Basic Materials sector and the Other Precious Metals & Mining industry, and is headquartered in Ontario, Canada.
What exchange does MUX trade on?
McEwen Mining trades on the NYSE under the ticker symbol MUX. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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