McEwen Mining Inc. (MUX)
NYSE: MUX · IEX Real-Time Price · USD
11.22
+0.18 (1.63%)
At close: Apr 19, 2024, 4:00 PM
11.20
-0.02 (-0.18%)
After-hours: Apr 19, 2024, 7:09 PM EDT
McEwen Mining Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for McEwen Mining stock have an average target of 12.5, with a low estimate of 12 and a high estimate of 13. The average target predicts an increase of 11.41% from the current stock price of 11.22.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 4, 2024.
Analyst Ratings
The average analyst rating for McEwen Mining stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $19 → $13 | Strong Buy | Maintains | $19 → $13 | +15.86% | Mar 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $21 → $19 | Strong Buy | Maintains | $21 → $19 | +64.88% | Nov 10, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $19 → $21 | Strong Buy | Maintains | $19 → $21 | +82.71% | Oct 31, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +6.95% | Aug 16, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $19 → $19 | Strong Buy | Maintains | $19 → $19 | +69.34% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
174.98M
from 166.23M
Increased by 5.26%
Revenue Next Year
n/a
from 174.98M
EPS This Year
1.00
from 1.16
Decreased by -14.00%
EPS Next Year
3.22
from 1.00
Increased by 222.27%
Revenue Forecast
| Revenue | 2024 |
|---|---|
| High | 190.4M |
| Avg | 175.0M |
| Low | 161.9M |
Revenue Growth
| Revenue Growth | 2024 |
|---|---|
| High | 14.5% |
| Avg | 5.3% |
| Low | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 5.23 | 7.00 |
| Avg | 1.00 | 3.22 |
| Low | -0.58 | -0.29 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 350.9% | 601.7% |
| Avg | -14.0% | 222.3% |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.