McEwen Mining Inc. sees slight fluctuations in its stock performance amid a backdrop of minimal news.
McEwen Mining Inc. (MUX.TO) has had a mixed week on the TSX, showing a slight decline of 0.79% over the past week and a stable performance over the month with a 4.04% increase. As of the latest trading day, the stock closed at C$27.83.
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McEwen Mining Inc.
MUX.TO
MUX.TO
McEwen Mining Inc.
WealthAwesomeMarket cap
$1.43B
P/E
12.9x
52W high
$40.07
52W low
$21.07
1W change
-6.55%
Beta
1.26
Analyst Price Targets
Based on analyst covering MUX · as of Oct 14, 2026
Wall Street analysts forecast MUX stock price to rise 101.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$48.18
+101.2% Upside
Previously C$49.03 on Oct 12, 2026
Current Price
C$23.95
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MUX's historical volatility
30-Day Vol
50.1%
Annualized
90-Day Vol
60.0%
Annualized
Trend (90d)
+13.4%
Annualized drift
90d Mean
C$25.12
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$24.33 | C$20.47 – C$28.92 |
| 60 trading days | C$24.72 | C$19.37 – C$31.56 |
| 90 trading days | C$25.12 | C$18.63 – C$33.88 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Despite the lack of recent news, McEwen Mining's fundamentals, including a healthy profit margin and a positive outlook from analysts, suggest a cautiously optimistic view for investors.
C$27.83: Latest Close
The stock's performance reflects a 1D change of 0.00%, with a notable year-to-date increase of 8.39%.
Bull case
Analysts are optimistic about McEwen, with an average target price of C$49.35, suggesting a potential upside of over 77% from current levels. The company's strong profit margins and return on equity support this positive outlook.
Bear case
On the downside, McEwen Mining's recent performance has shown volatility, with the stock trading near the lower end of its 52-week range. Limited coverage and news flow may also contribute to investor uncertainty.
Price Action Overview
McEwen Mining Inc. has closed at C$27.83, showing a stable 1D performance with no change. Over the past week, the stock has declined by 0.79%, although it has seen a more positive trend over the month with a 4.04% increase. Year-to-date, the stock has appreciated by 8.39%, suggesting some resilience in its performance.
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Recent Developments
Despite the lack of significant news in recent weeks, McEwen Mining did undergo a name change to McEwen Inc. in July 2025, which may reflect a broader strategic shift. The company also completed a $110 million convertible senior unsecured notes offering in February 2025, aimed at strengthening its financial position. These developments, while not recent, indicate ongoing efforts to enhance operational capabilities and investor confidence.
Technical Picture
From a technical standpoint, McEwen Mining's stock is currently trading above its 50-day moving average of C$26.08, indicating a short-term positive trend. However, it is below its 200-day moving average of C$29.23, suggesting longer-term challenges. The stock has a beta of 1.26, indicating higher volatility compared to the market. The current 52-week range is C$18.02 to C$40.07, with the stock trading at 44% of its range, highlighting the potential for both upward and downward movements.
Insider Activity
No insider trading activity has been reported for McEwen Mining Inc. recently, which suggests a stable insider sentiment at this time.
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