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How to buy McEwen Mining stock | 0.975

Own McEwen Mining stock in just a few minutes.

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McEwen Mining Inc is an other precious metals & mining business based in the US. McEwen Mining shares (MUX) are listed on the NYSE and all prices are listed in US Dollars. McEwen Mining employs 448 staff and has a trailing 12-month revenue of around USD$109.4 million.

How to buy shares in McEwen Mining

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for McEwen Mining. Find the stock by name or ticker symbol: MUX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until McEwen Mining reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$0.975, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of McEwen Mining, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of McEwen Mining. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

McEwen Mining share price

Use our graph to track the performance of MUX stocks over time.

McEwen Mining shares at a glance

Information last updated 2020-11-19.
Latest market close USD$0.975
52-week range USD$0.53 - USD$1.53
50-day moving average USD$1.0455
200-day moving average USD$1.0888
Wall St. target price USD$1.86
PE ratio N/A
Dividend yield USD$0.01 (0.55%)
Earnings per share (TTM) USD$-0.17

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy McEwen Mining stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

McEwen Mining price performance over time

Historical closes compared with the close of $0.975 from 2020-11-16

1 week (2020-11-18) -0.51%
1 month (2020-10-23) -9.72%
3 months (2020-08-25) -18.07%
6 months (2020-05-22) 13.24%
1 year (2019-11-25) -12.95%
2 years (2018-11-23) -46.13%
3 years (2017-11-24) -51.73%
5 years (2015-11-25) 8.94%

McEwen Mining financials

Revenue TTM USD$109.4 million
Gross profit TTM USD$24.2 million
Return on assets TTM -16.82%
Return on equity TTM -35.86%
Profit margin -140.63%
Book value $0.931
Market capitalisation USD$400.7 million

TTM: trailing 12 months

Shorting McEwen Mining shares

There are currently 57.2 million McEwen Mining shares held short by investors – that's known as McEwen Mining's "short interest". This figure is 1.7% down from 58.2 million last month.

There are a few different ways that this level of interest in shorting McEwen Mining shares can be evaluated.

McEwen Mining's "short interest ratio" (SIR)

McEwen Mining's "short interest ratio" (SIR) is the quantity of McEwen Mining shares currently shorted divided by the average quantity of McEwen Mining shares traded daily (recently around 2.6 million). McEwen Mining's SIR currently stands at 21.77. In other words for every 100,000 McEwen Mining shares traded daily on the market, roughly 21770 shares are currently held short.

However McEwen Mining's short interest can also be evaluated against the total number of McEwen Mining shares, or, against the total number of tradable McEwen Mining shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case McEwen Mining's short interest could be expressed as 0.14% of the outstanding shares (for every 100,000 McEwen Mining shares in existence, roughly 140 shares are currently held short) or 0.1751% of the tradable shares (for every 100,000 tradable McEwen Mining shares, roughly 175 shares are currently held short).

A SIR above 20% would generally be considered very high, pointing to a pessimistic outlook for the share price, with a discouraging number of investors currently willing to bet against McEwen Mining.

Find out more about how you can short McEwen Mining stock.

McEwen Mining share dividends

We're not expecting McEwen Mining to pay a dividend over the next 12 months.

Have McEwen Mining's shares ever split?

McEwen Mining's shares were split on a 1:10 basis on 24 December 1991. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your McEwen Mining shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for McEwen Mining shares which in turn could have impacted McEwen Mining's share price.

McEwen Mining share price volatility

Over the last 12 months, McEwen Mining's shares have ranged in value from as little as $0.53 up to $1.53. A popular way to gauge a stock's volatility is its "beta".

MUX.US volatility(beta: 1.04)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while McEwen Mining's is 1.04. This would suggest that McEwen Mining's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

McEwen Mining overview

McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver in the United States, Canada, Mexico, and Argentina. The company explores for copper deposits. It 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. The company also owns interests in the Fuller, Davidson-Tisdale, Buffalo Ankerite, and Paymaster exploration properties located in Canada; and a 49% interest in the San José mine located in Argentina. In addition, it owns 100% interests in the Gold Bar and Tonkin properties located in Eureka County, Nevada; and interests in the Los Azules copper project located in the cordilleran region in the province of San Juan, Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was founded in 1979 and is headquartered in Toronto, Canada.

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