McEwen Mining Inc. (MUX) Sees Light Trading Volume and Modest Price Movement

Mildred Roberts

Updated on:

McEwen Mining Inc. (NYSE: MUX), a leading player in the Other Precious Metals & Mining industry within the Basic Materials sector, witnessed a relatively light trading session recently. A total of 1.57 million shares changed hands, below the company’s average daily volume of 1.65 million shares.

During the session, MUX’s share price reached an intraday high of $17.46 before dipping to a low of $16.72. Over the past 52 weeks, the stock has traded between $6.38 at its lowest point and $24.88 at its highest. Analysts currently maintain a one-year price target of $23.86 for the stock. MUX has a beta of 1.07, indicating slightly higher volatility compared to the broader market. The company’s most recent dividend and ex-dividend date both occurred on timestamp 1551916800.

Price Performance and Earnings

Stock performance serves as a critical gauge for investors assessing profitability potential. For MUX, recent performance has shown mixed signals. The stock declined 9.99% over the past week and was down 6.01% over the past month. However, over the last three months, it gained 59.55%, with six-month and one-year returns standing at 111.82% and 121.08%, respectively. Year-to-date, the stock has climbed an impressive 80.86%.

In terms of earnings, MUX reported a trailing 12-month EPS of -$0.26, while analysts project next year’s EPS at $1.75. For the next quarter, EPS is expected to be $0.28, signaling potential growth of 156.08% for this year and 263.53% for the next.

Float and Short Interest

Currently, MUX has 54.10 million outstanding shares, with a public float of 45.37 million shares available for trading. As of October 15, 2025, short interest stood at 8.25 million shares, representing a 1,515% increase compared to the previous reporting period.

At the corporate helm, Mr. Robert Ross McEwen serves as the company’s Chairman, CEO, President & Chief Owner, while Mr. Perry Y. Ing, B.Com., C.A., C.F.A., CPA, holds the position of Chief Financial Officer.

Financial Overview

Understanding a company’s financials is essential for investors looking to assess long-term potential. In its fiscal quarter ended June 30, 2025, McEwen Mining reported revenue of $46.7 million and an operating income of $7,000. The company’s EBITDA came in at -$76,000, while diluted EPS stood at $0.06.

Analyst Ratings and Price Targets

Analyst sentiment remains positive for McEwen Mining. Of the one analyst currently covering the stock, the consensus recommendation is a BUY.

Price targets for MUX range from a low of $21.50 to a high of $28.50, with an average target of $24.00. This suggests potential upside of 65.7% to reach the high target and 25.0% to reach the low target. Achieving the average price target would imply a 39.53% gain from current levels.

EPS: Estimates vs. Actuals

Earnings estimates provide valuable insight into growth expectations. For the full year, analysts estimate MUX’s EPS to range between -$0.47 (high) and -$0.65 (low), averaging -$0.56. The company posted a -$0.12 earnings surprise in the prior quarter.

Looking ahead, analysts forecast EPS between $0.20 and $0.41 for the next quarter, with an average estimate of $0.31—a potentially encouraging sign of recovery and growth.

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