McEwen Inc. (MUX)Basic Materials | Other Precious Metals & Mining | Toronto, Canada | NYSE
17.47 USD
-0.41
(-2.293%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 17.72 +0.25 (1.431%) ⇧ (July 13, 2026, 7:45 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:33 a.m. EDT
The investment case for McEwen Inc. is currently fractured by a severe lack of income and a precarious balance sheet. The company offers zero dividend yield, providing no cushion for investors in a stagnant or falling market. While the forward P/E looks attractive at 4.3x, this is likely a reflection of market skepticism regarding the sustainability of earnings in a volatile mining sector, rather than a genuine bargain. The balance sheet is fragile, with debt significantly outweighing cash reserves, creating a constant overhang that limits the board's flexibility during commodity downturns. The price action reflects this uncertainty. Despite a recent recovery in annual returns, the stock remains down nearly 77% from its peak nine years ago, a structural decline that has eroded shareholder value over the long term. The recent price action shows the stock trading below its 50-day and 200-day averages, confirming a lingering downtrend despite the latest quarterly bounce. Options activity highlights the tension in the market. Traders are placing massive bets on both a dramatic rally and a catastrophic drop, with heavy open interest in deep out-of-the-money puts acting as a hedge against a potential collapse. This binary positioning suggests the market sees the stock as a high-risk, high-reward speculative vehicle rather than a stable core holding. Until the balance sheet is strengthened and a consistent track record of profitability is established, the risk-reward profile remains unfavorable. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.097959 |
| AutoETS | 0.097962 |
| MSTL | 0.106384 |
| AutoTheta | 0.121874 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 2.90 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.542 |
| Excess Kurtosis | -0.67 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Ex Dividend Date | 2019-03-06 |
| Last Dividend Date | 2019-03-06 |
| Debt to Equity Ratio | 19.651 |
| Revenue per Share | 4.255 |
| Market Cap | 1,043,659,328 |
| Trailing P/E | 14.81 |
| Forward P/E | 4.21 |
| Beta | 1.21 |
| Profit Margins | 31.40% |
| Previous Name | McEwen Mining Inc. |
| Website | https://www.mcewenmining.com |
As of July 11, 2026, 3:33 a.m. EDT: Speculators are positioning for significant volatility rather than a clear directional bet. Call Open Interest is heavily skewed out-of-the-money (OTM) at strikes like $35 and $25, suggesting a speculative hope for a massive upside move. However, Put Open Interest is even more aggressive, with massive walls at $28, $30, and $27, indicating deep fear of a crash or a 'long squeeze' scenario. The imbalance suggests a binary event is expected, but the heavy put protection implies downside risk is priced as the primary concern.
| 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 | 0.64187324 |
| Address1 | 150 King Street West |
| Address2 | Suite 2800 |
| All Time High | 98.47036 |
| All Time Low | 0.229446 |
| Ask | 19.04 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 1,766,810 |
| Average Daily Volume3 Month | 1,185,950 |
| Average Volume | 1,185,950 |
| Average Volume10Days | 1,766,810 |
| Beta | 1.213 |
| Bid | 17.0 |
| Bid Size | 200 |
| Book Value | 11.015 |
| City | Toronto |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 17.47 |
| Current Ratio | 1.136 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 17.63 |
| Day Low | 17.1535 |
| Debt To Equity | 19.651 |
| Display Name | McEwen |
| Dividend Date | 1,552,608,000 |
| Earnings Call Timestamp End | 1,778,166,000 |
| Earnings Call Timestamp Start | 1,778,166,000 |
| Earnings Timestamp | 1,778,097,600 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 30,047,000 |
| Ebitda Margins | 0.12737 |
| Enterprise To Ebitda | 36.666 |
| Enterprise To Revenue | 4.67 |
| Enterprise Value | 1,101,701,376 |
| Eps Current Year | 1.72 |
| Eps Forward | 4.145 |
| Eps Trailing Twelve Months | 1.18 |
| 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 | 20.4364 |
| Fifty Day Average Change | -2.9664001 |
| Fifty Day Average Change Percent | -0.14515278 |
| Fifty Two Week Change Percent | 64.187325 |
| Fifty Two Week High | 29.7 |
| Fifty Two Week High Change | -12.230001 |
| Fifty Two Week High Change Percent | -0.41178456 |
| Fifty Two Week Low | 9.82 |
| Fifty Two Week Low Change | 7.6499996 |
| Fifty Two Week Low Change Percent | 0.7790224 |
| Fifty Two Week Range | 9.82 - 29.7 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 326,554,200,000 |
| Float Shares | 51,126,761 |
| Forward Eps | 4.145 |
| Forward P E | 4.2147164 |
| Free Cashflow | 21,460,376 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,981 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.36477003 |
| Gross Profits | 86,051,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.1437 |
| Held Percent Institutions | 0.56035 |
| Implied Shares Outstanding | 59,740,087 |
| Industry | Other Precious Metals & Mining |
| Industry Disp | Other Precious Metals & Mining |
| Industry Key | other-precious-metals-mining |
| Is Earnings Date Estimate | 1 |
| 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 | 1,043,659,328 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_310819 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | 74,083,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,068,152,755 |
| Number Of Analyst Opinions | 5 |
| Open | 17.44 |
| Operating Cashflow | 20,900,000 |
| Operating Margins | 0.14725 |
| Payout Ratio | 0.0 |
| Peg Ratio | -19.56 |
| Phone | 647 258 0395 |
| Post Market Change | 0.25 |
| Post Market Change Percent | 1.4310247 |
| Post Market Price | 17.72 |
| Post Market Time | 1,783,986,350 |
| Prev Name | McEwen Mining Inc. |
| Previous Close | 17.88 |
| Price Eps Current Year | 10.156976 |
| Price Hint | 2 |
| Price To Book | 1.5860189 |
| Price To Sales Trailing12 Months | 4.4240475 |
| Profit Margins | 0.31404 |
| Quick Ratio | 0.778 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.41 |
| Regular Market Change Percent | -2.29306 |
| Regular Market Day High | 17.63 |
| Regular Market Day Low | 17.1535 |
| Regular Market Day Range | 17.1535 - 17.63 |
| Regular Market Open | 17.44 |
| Regular Market Previous Close | 17.88 |
| Regular Market Price | 17.47 |
| Regular Market Time | 1,783,972,803 |
| Regular Market Volume | 629,209 |
| Return On Assets | -0.0018000001 |
| Return On Equity | 0.13091 |
| Revenue Growth | 1.074 |
| Revenue Per Share | 4.255 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 59,740,087 |
| Shares Percent Shares Out | 0.2027 |
| Shares Short | 12,108,804 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 9,905,390 |
| Short Name | McEwen Inc. |
| Short Percent Of Float | 0.2367 |
| Short Ratio | 7.93 |
| Source Interval | 15 |
| State | ON |
| Symbol | MUX |
| Target High Price | 35.0 |
| Target Low Price | 29.5 |
| Target Mean Price | 32.1 |
| Target Median Price | 31.0 |
| Total Cash | 70,077,000 |
| Total Cash Per Share | 1.173 |
| Total Debt | 128,119,000 |
| Total Revenue | 235,906,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.18 |
| Trailing P E | 14.805085 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 20.9972 |
| Two Hundred Day Average Change | -3.5272007 |
| Two Hundred Day Average Change Percent | -0.16798434 |
| Type Disp | Equity |
| Volume | 629,209 |
| Website | https://www.mcewenmining.com |
| Zip | M5H 1J9 |