McEwen Mining stock
MUXNYSEMcEwen Mining Inc., Basic MaterialsISIN US58039P3055
38Score 38 out of 100, Weak
Price and trend
32 / 100
Price history
−32% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 41% below it.
Since July 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 37).
The price is 59% below its 52-week high. Largest decline in 20 years: 97% (April 2011 to September 2022).
Chart figures for advanced users
- SMA 50$16.96
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$20.29
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)37
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$11.95
- The lowest closing price of the last twelve months.
- Resistance$29.05
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- McEwen Mining Inc. belongs to the Other Precious Metals industry (Canada) and, with a market value of $736.13M, is number 20 of 29 companies in its industry on MEQIRI.
- For fiscal 2026, analysts expect on average revenue of $251.59M (up 27.4%) and adjusted earnings per share of $1.01 (up 71.9%).
- MEQIRI Score 38 out of 100 (Weak): rank 410 of 467 in Basic Materials, median 58.
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- The P/E is 16.3 (Other Precious Metals median 16.1, own median of recent years 28.9).
- Our model puts fair value at $11.75, with the price 8% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High marginNet margin 18.4% over the last 12 months, Other Precious Metals median 10.1%.
Weaknesses
- DilutionShare count up 34% since 2020.Capital allocation 18
- Negative free cash flowFree cash flow −$35.5M over the last 12 months.Fundamentals 18
- Interest barely coveredOperating profit covers interest only 2 times.Stability 51
The score is held back by capital allocation and momentum.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 39 to 38.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
- price far below its 52-week high
- high price swings
What lowers it
- price not overheated over the past year
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $7.83 and expensive above $23.49 (uncertainty very high, based on the price swings of the past year).
Valuation metrics
From earnings times the industry P/E (16.1) alone; there are no viable cash flows for the cash-flow model.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 45.1% on the twelve months before. Revenue turned from negative at the start of the period to positive ($197.55M in the latest year).
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 11%, operating −7%, net 17%.
Debt & balance sheet
latest quarterDebt is low, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 11 Mar 2027in 119 days
- Last reported
- 9 Nov 2026EPS reported −$0.60 (expected $0.09)below expectations
Analyst estimates
- Earnings per share
- $1.01+14.1%
- Revenue
- $251.59M0.0%
- Earnings per share
- $2.07+0.2%
- Revenue
- $371.91M0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook lowered
Share price after the results: −2.6%Operations fell short of the company's own expectations (more carbonaceous ore than expected), and no further dividend is expected this year.
The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
One insider bought on the open market in the last 6 months, $18,360 in total. One insider sold, $59,372 in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at McEwen Mining
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
467 rated companies in Basic Materials
- This company
- 38
- Sector median
- 58
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Other Precious Metals
The next larger and next smaller companies by market value
- Solaris ResourcesSLSR $1.18B35
- TMC the metals company inc.TMC $1.09B30
- Elemental RoyaltyELE $1.08B39
- Versamet RoyaltiesVMET $927.23M51
- Avino Silver & Gold MinesASM $779.63M61
- Metalla Royalty & StreamingMTA $720.85M40
- Santacruz Silver MiningSCZM $684.41M59
- Elevra LithiumELVR $537.56M38
ETFs that hold McEwen Mining
Held by 14 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Global X Silver Miners UCITS ETF USD AccSLVR | 0.56% | 0.65% | €1.1B |
| VanEck Junior Gold Miners UCITS ETFG2XJ | 0.20% | 0.55% | €1.08B |
| iShares Gold Producers UCITS ETF USD (Acc)IS0E | 0.10% | 0.55% | €3.87B |
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| VanEck S&P Global Mining UCITS ETF A USDWMIN | 0.04% | 0.50% | €1.98B |
| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.03% | 0.30% | €2.17B |
| Avantis Global Small Cap Value UCITS ETFAVWS | 0.03% | 0.39% | €1.47B |
| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.03% | 0.30% | €4.22B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.02% | 0.30% | €185.82M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 2 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.