McEwen Mining (MUX) Set to Announce Quarterly Earnings on Thursday

McEwen Mining (TSE:MUX) (NYSE:MUX) is set to release its earnings data before the market opens on Thursday, May 9th. Analysts expect McEwen Mining to post earnings of C($0.04) per share for the quarter.

McEwen Mining (TSE:MUX) (NYSE:MUX) last posted its quarterly earnings results on Thursday, February 29th. The company reported C$3.95 earnings per share for the quarter, topping analysts’ consensus estimates of C($0.43) by C$4.38. McEwen Mining had a net margin of 33.27% and a return on equity of 7.73%. The firm had revenue of C$79.89 million for the quarter, compared to the consensus estimate of C$71.55 million.

McEwen Mining Trading Up 0.8 %

Shares of MUX stock opened at C$16.59 on Wednesday. The firm has a fifty day moving average of C$13.61 and a 200-day moving average of C$10.92. The stock has a market cap of C$819.71 million, a price-to-earnings ratio of 10.43 and a beta of 1.55. McEwen Mining has a 52-week low of C$8.05 and a 52-week high of C$17.08. The company has a debt-to-equity ratio of 8.25, a quick ratio of 1.00 and a current ratio of 1.75.

McEwen Mining Company Profile

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.