Analyst Ratings for McEwen Mining Inc. (MUX)

Updated: 2017-07-29

Analysts covering McEwen Mining Inc. (NYSE:MUX) have given it a consensus rating of Buy. About 30 days ago, MUX was issued an average rating of Buy.

Of the 1 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for MUX by the analysts covering the stock. The most optimistic price target was 5, implying potential capital gains of 90.84 percent. The lowest price target was 5, which equates to a potential downside of 90.84 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -26.32 percent. If we look at the last 90 days instead, we find a net average change of -26.32 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of MUX's earnings is estimated by analysts to be 600.16 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. MUX has a PEG ratio of 0.22.

MUX has a 52-week high of 4.81 and a 52-week low of 2.41. Today's price is 8.71 percent above the 52-week low, and 45.53 percent below the high. MUX has a P/E ratio of 131. Investors typically compare the P/E ratio to a company's peers in the industry. The MUX value stock report compares MUX to some of its peers using value stock charts. The market cap of MUX is $0.8171 billion. MUX's next earnings release will be on 0000-00-00, which is days away.