McEwen Inc. (MUX)Basic Materials | Other Precious Metals & Mining | Toronto, Canada | NYSE
20.42 USD
-1.24
(-5.725%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 20.43 +0.01 (0.068%) ⇧ (Aug. 28, 2026, 7:36 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:03 a.m. EDT
The investment case for McEwen is currently bifurcated between a compelling turnaround narrative and severe execution risks. Fundamentally, the company shows signs of life with revenue growing 27% and earnings surging 156%, supported by a massive catalyst: the acquisition of the Grey Fox copper project. This copper option provides a potential floor and upside that pure gold miners lack, justifying the current valuation relative to peers. However, the balance sheet remains fragile with negative free cash flow and a debt load that requires careful monitoring as the turnaround plays out. The price action reflects this tension. While the stock has recovered significantly from its lows, it is still trading well below its five-year average, suggesting the market remains skeptical of the speed of the recovery. The short-term outlook is neutral; while the momentum is building off recent earnings beats, the statistical forecast offers no clear edge, and the heavy short interest (nearly 24%) acts as a double-edged sword, providing fuel for a squeeze but also indicating deep institutional skepticism. Crucially, there is no dividend yield to provide income during this volatile transition. Investors must rely entirely on capital appreciation. The options market confirms this uncertainty, with traders buying protection at the lows while dreaming of a breakout at the highs. Until the copper production ramps up and cash flow turns consistently positive, the risk of a value trap remains, keeping the long-term rating neutral despite the improving fundamentals. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.142750 |
| AutoETS | 0.142756 |
| MSTL | 0.163359 |
| AutoTheta | 0.182185 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 1.79 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.193 |
| Excess Kurtosis | 0.39 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Ex Dividend Date | 2019-03-06 |
| Last Dividend Date | 2019-03-06 |
| Debt to Equity Ratio | 18.17 |
| Revenue per Share | 4.352 |
| Market Cap | 1,252,941,952 |
| Trailing P/E | 17.16 |
| Forward P/E | 5.02 |
| Beta | 1.25 |
| Profit Margins | 32.46% |
| Previous Name | McEwen Mining Inc. |
| Website | https://www.mcewenmining.com |
As of Aug. 22, 2026, 3:03 a.m. EDT: Speculators are positioning for significant volatility rather than a clear directional bet. Call volume is heavily skewed toward out-of-the-money strikes (25.0 and 29.0), suggesting a bullish 'lottery ticket' mentality hoping for a commodity-driven spike. Conversely, put volume is concentrated deep in-the-money (15.0 and 17.0) with massive open interest, indicating a hedge against a continued grind lower or a crash scenario. The implied volatility surface shows elevated premiums for both extremes, reflecting uncertainty about whether the company can execute its turnaround story.
| Date | Dividend | Yield % |
|---|---|---|
| 2019-03-07 | 0.05 | 0.303030 |
| 2018-08-24 | 0.05 | 0.248756 |
| 2018-02-01 | 0.05 | 0.225225 |
| 2017-08-10 | 0.05 | 0.215517 |
| 2017-02-01 | 0.05 | 0.126904 |
| 2016-08-22 | 0.05 | 0.113895 |
| 2016-02-01 | 0.05 | 0.375940 |
| 2015-07-29 | 0.05 | 0.713267 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.5707034 |
| Address1 | 150 King Street West |
| Address2 | Suite 2800 |
| All Time High | 98.47036 |
| All Time Low | 0.229446 |
| Ask | 22.0 |
| Ask Size | 200 |
| Average Analyst Rating | 1.2 - Strong Buy |
| Average Daily Volume10 Day | 1,310,620 |
| Average Daily Volume3 Month | 1,162,912 |
| Average Volume | 1,162,912 |
| Average Volume10Days | 1,310,620 |
| Beta | 1.248 |
| Bid | 20.56 |
| Bid Size | 300 |
| Book Value | 11.828 |
| City | Toronto |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 20.42 |
| Current Ratio | 2.037 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 21.93 |
| Day Low | 20.27 |
| Debt To Equity | 18.17 |
| Display Name | McEwen |
| Dividend Date | 1,552,608,000 |
| Earnings Call Timestamp End | 1,786,028,400 |
| Earnings Call Timestamp Start | 1,786,028,400 |
| Earnings Growth | 1.56 |
| Earnings Quarterly Growth | 2.16 |
| Earnings Timestamp | 1,785,960,000 |
| Earnings Timestamp End | 1,793,822,400 |
| Earnings Timestamp Start | 1,793,822,400 |
| Ebitda | 28,582,000 |
| Ebitda Margins | 0.11505 |
| Enterprise To Ebitda | 45.12 |
| Enterprise To Revenue | 5.191 |
| Enterprise Value | 1,289,631,872 |
| Eps Current Year | 1.53 |
| Eps Forward | 4.07 |
| Eps Trailing Twelve Months | 1.19 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,551,916,800 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 647 258 0408 |
| Fifty Day Average | 18.4632 |
| Fifty Day Average Change | 1.9568005 |
| Fifty Day Average Change Percent | 0.10598382 |
| Fifty Two Week Change Percent | 57.07034 |
| Fifty Two Week High | 29.7 |
| Fifty Two Week High Change | -9.280001 |
| Fifty Two Week High Change Percent | -0.31245792 |
| Fifty Two Week Low | 12.38 |
| Fifty Two Week Low Change | 8.04 |
| Fifty Two Week Low Change Percent | 0.64943457 |
| Fifty Two Week Range | 12.38 - 29.7 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 326,554,200,000 |
| Float Shares | 51,268,150 |
| Forward Eps | 4.07 |
| Forward P E | 5.017199 |
| Free Cashflow | -18,615,500 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,981 |
| Fullday Change | -1.24 |
| Fullday Change Percent | -5.72484 |
| Fullday Price | 20.4338 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.37315 |
| Gross Profits | 92,705,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.16524 |
| Held Percent Institutions | 0.63479 |
| Implied Shares Outstanding | 61,358,566 |
| Industry | Other Precious Metals & Mining |
| Industry Disp | Other Precious Metals & Mining |
| Industry Key | other-precious-metals-mining |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,551,916,800 |
| Last Dividend Value | 0.05 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,658,966,400 |
| Last Split Factor | 1:10 |
| Long Business Summary | McEwen Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. It also explores for copper deposits. The company owns 100% interests in the Gold Bar gold mine located in Nevada; the Fox Complex that consists of 132 parcels, including patents and leases, and 163 unpatented mining claims totaling 28 square miles in mining rights, as well as 13 square miles in surface rights located in Ontario, Canada; and the Fenix project located in Mexico. It also holds a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. The company was formerly known as McEwen Mining Inc. and changed its name to McEwen Inc. in June 2025. McEwen Inc. was incorporated in 1979 and is headquartered in Toronto, Canada. |
| Long Name | McEwen Inc. |
| Market | us_market |
| Market Cap | 1,252,941,952 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_310819 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | 80,649,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,329,026,539 |
| Number Of Analyst Opinions | 5 |
| Open | 21.68 |
| Operating Cashflow | 66,643,000 |
| Operating Margins | -0.05921 |
| Payout Ratio | 0.0 |
| Peg Ratio | -19.56 |
| Phone | 647 258 0395 |
| Post Market Change | 0.013799667 |
| Post Market Change Percent | 0.06757917 |
| Post Market Price | 20.4338 |
| Post Market Time | 1,787,960,174 |
| Prev Name | McEwen Mining Inc. |
| Previous Close | 21.66 |
| Price Eps Current Year | 13.346406 |
| Price Hint | 2 |
| Price To Book | 1.7264119 |
| Price To Sales Trailing12 Months | 5.0432377 |
| Profit Margins | 0.32462 |
| Quick Ratio | 1.544 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.16667 |
| Region | US |
| Regular Market Change | -1.24 |
| Regular Market Change Percent | -5.72484 |
| Regular Market Day High | 21.93 |
| Regular Market Day Low | 20.27 |
| Regular Market Day Range | 20.27 - 21.93 |
| Regular Market Open | 21.68 |
| Regular Market Previous Close | 21.66 |
| Regular Market Price | 20.42 |
| Regular Market Time | 1,787,947,203 |
| Regular Market Volume | 950,421 |
| Return On Assets | -0.0043099998 |
| Return On Equity | 0.13542 |
| Revenue Growth | 0.268 |
| Revenue Per Share | 4.352 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 61,358,566 |
| Shares Percent Shares Out | 0.19610001 |
| Shares Short | 12,030,248 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 12,211,831 |
| Short Name | McEwen Inc. |
| Short Percent Of Float | 0.22799999 |
| Short Ratio | 12.94 |
| Source Interval | 15 |
| State | ON |
| Symbol | MUX |
| Target High Price | 37.0 |
| Target Low Price | 28.0 |
| Target Mean Price | 31.0 |
| Target Median Price | 31.0 |
| Total Cash | 91,708,000 |
| Total Cash Per Share | 1.495 |
| Total Debt | 128,398,000 |
| Total Revenue | 248,440,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.19 |
| Trailing P E | 17.159662 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 21.03645 |
| Two Hundred Day Average Change | -0.61644936 |
| Two Hundred Day Average Change Percent | -0.02930387 |
| Type Disp | Equity |
| Volume | 950,421 |
| Website | https://www.mcewenmining.com |
| Zip | M5H 1J9 |