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 a possible profit of 90.84 percent. The minimum price target given was 5, which equates to a potential downside of 90.84 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -26.32 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -26.32 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies 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. Currently the stock is 8.71 percent higher than its low, and below the high by 45.53 percent. 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 stock has a market capitalization of $0.8171 billion. MUX will post this quarters earnings in days, on 0000-00-00.