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 maximum price target given was 5, implying a possible profit of 90.84 percent. The most pessimistic price target was 5, implying a possible loss 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
The growth rate of MUX's earnings is estimated by analysts to be 600.16 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MUX is 0.22.
In the last 52-weeks, MUX has achieved a high of 4.81 and a low of 2.41. 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 stock has a market capitalization of $0.8171 billion. MUX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.