McEwen Mining (MUX) Scheduled to Post Quarterly Earnings on Thursday

McEwen Mining (NYSE:MUX) (TSE:MUX) is scheduled to release its earnings data before the market opens on Thursday, May 9th. Analysts expect McEwen Mining to post earnings of ($0.03) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

McEwen Mining (NYSE:MUX) (TSE:MUX) last posted its earnings results on Thursday, February 29th. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $3.22. McEwen Mining had a return on equity of 19.20% and a net margin of 32.92%. The firm had revenue of $58.68 million for the quarter, compared to analyst estimates of $53.00 million.

McEwen Mining Trading Up 0.3 %

NYSE MUX opened at $12.09 on Wednesday. The firm has a market cap of $597.73 million, a price-to-earnings ratio of 10.61 and a beta of 1.48. McEwen Mining has a one year low of $5.92 and a one year high of $12.50. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.09 and a current ratio of 1.76. The firm has a 50 day simple moving average of $9.99 and a 200-day simple moving average of $8.05.

Analyst Ratings Changes

Several research analysts recently commented on the company. HC Wainwright lowered their target price on McEwen Mining from $18.50 to $13.00 and set a “buy” rating for the company in a research note on Monday, March 4th. TheStreet upgraded McEwen Mining from a “d” rating to a “c” rating in a research note on Friday, March 1st.

About McEwen Mining

McEwen Mining Inc engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada.