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.

Investment analysts gave a few price targets for MUX. The most optimistic analyst gave a price target of 5, which equates to a potential upside of 90.84 percent. The lowest price target was 5, implying potential capital losses of 90.84 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain 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. Meanwhile, fiscal year estimates have been revised downwards by -26.32 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -26.32 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

The growth rate of MUX's earnings is estimated by analysts to be 600.16 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, though it could be better to see where the ratio stands relative to peers in the industry. MUX has a PEG ratio of 0.22.

MUX has traded between a high of 4.81 and a low of 2.41 over the past year. Today's price is 8.71 percent above the 52-week low, and below the high by 45.53 percent. MUX has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.