MUX : McEwen Mining Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

McEwen Mining Inc trades with the ticker MUX on the TSX and is in the Other Precious Metals & Mining industry.

Overview
McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. It primarily owns a 100% interest in the Gold Bar mine in Eureka County, Nevada; the Fox Complex in Ontario, Canada; the El Gallo Project and Fenix silver-gold project in Sinaloa, Mexico; the Los Azules copper deposit in San Juan, Argentina; and a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. It also owns a 49% interest in the San José mine located in Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.
 

Looking to invest in McEwen Mining Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

MUX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $540.874MM

PE Ratio:

Price: 8.14 (Updated: 3/12/2024 0:47:16)



McEwen Mining Inc (MUX) vs Competitors in Other Precious Metals & Mining

Lets see how MUX.TO stacks up against others in the Other Precious Metals & Mining asset management industry. We have identified its main peers as:

Avino Silver & Gold Mines Ltd, Golden Minerals Company, Alexco Resource Corp, China Gold International Resources Corp. Ltd, Dundee Corporation

.

Other Precious Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Avino Silver & Gold Mines Ltd (ASM) $88.064 70.0 19.78 N/A%
Golden Minerals Company (AUMN) $7.606 N/A -0.518 N/A%
Alexco Resource Corp (AXU) $111.61 N/A -5.568 0.0%
China Gold International Resources Corp. Ltd (CGG) $2,854.181 55.385 39.036 0.0%
Dundee Corporation (DC-A) $81.502 N/A -53.705 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Precious Metals & Mining

  • McEwen Mining Inc (MUX) vs Avino Silver & Gold Mines Ltd (ASM)
    • ASM has higher EPS (0.01 vs -3.4). MUX has a P/E under 0, indicating ASM (P/E 70.0) is in a better position.
  • McEwen Mining Inc (MUX) vs Golden Minerals Company (AUMN)
    • AUMN has higher EPS (-2.27 vs -3.4). AUMN and MUX both have P/E’s under 0.
  • McEwen Mining Inc (MUX) vs Alexco Resource Corp (AXU)
    • AXU has higher EPS (-0.124 vs -3.4). AXU provides dividends, while MUX does not. AXU and MUX both have P/E’s under 0.
  • McEwen Mining Inc (MUX) vs China Gold International Resources Corp. Ltd (CGG)
    • CGG has higher EPS (0.13 vs -3.4). CGG provides dividends, while MUX does not. MUX has a P/E under 0, indicating CGG (P/E 55.385) is in a better position.
  • McEwen Mining Inc (MUX) vs Dundee Corporation (DC-A)
    • DC-A has higher EPS (-0.1 vs -3.4). DC-A and MUX both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-5.27) than the industry average (-3.48), indicating attractive valuation.
 

How to Buy MUX stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment