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What's Going On With McEwen Mining Inc. Stock Tuesday?

By Wealth Awesome -

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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

Full stock page โ†’

MUX.TO

McEwen Mining Inc.

Source:WealthAwesomeWealthAwesome
โ†“ $2.92 (-9.51%)
120 day period
$22.94$29.38$35.82Mar 17Jun 11Sep 4

Market cap

$1.66B

P/E

15.9x

52W high

$40.07

52W low

$18.02

1W change

-0.79%

Beta

1.26

Analyst Price Targets

Based on analyst covering MUX

๐Ÿ“ˆ

Wall Street analysts forecast MUX stock price to rise 77.7% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$49.35

+77.7% Upside

Current Price

C$27.78

Last close

Compare analyst targets across the TSX & TSXV โ†’

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on MUX's historical volatility

HistoricalForecast68%95%
C$15.70C$26.60C$37.49C$48.39C$59.28C$70.17TodayApr 29Jul 3Sep 4Oct 17Nov 30Jan 12

30-Day Vol

60.1%

Annualized

90-Day Vol

64.2%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$33.21

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$29.48C$23.96 โ€“ C$36.28
60 trading daysC$31.29C$23.34 โ€“ C$41.96
90 trading daysC$33.21C$23.19 โ€“ C$47.57

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. 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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Wealth Awesome
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Wealth Awesome

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This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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๐Ÿ“Š Data AccuracyVerified sources
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๐Ÿ” Fact-CheckedEditorial review

โš ๏ธ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 9, 2026
Last Updated: September 9, 2026
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