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.

A number of analysts gave price targets for MUX. The most optimistic price target was 5, which equates to a potential upside of 90.84 percent. The most pessimistic analyst gave a price target of 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -26.32 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -26.32 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of MUX to grow at a rate of 600.16 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 45.53 percent below the high. 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 stock has a market capitalization of $0.8171 billion. MUX's next earnings release will be on 0000-00-00, which is days away.