(MUX) McEwen Mining - Ratings and Ratios

McEwen Mining Inc. (NYSE:MUX) is a mining company focused on the exploration, development, production, and sale of gold, silver, and copper deposits across multiple jurisdictions. The company operates in the United States, Canada, Mexico, and Argentina, with a diverse portfolio of assets. Its primary operations include the Tonkin property and Gold Bar mine in Nevada, the Froome mine, Stock West project, Grey Fox, and Fox Complex in Ontario, and the El Gallo Project and Fenix silver-gold project in Mexico. The company also holds a 47.7% interest in the Los Azules Copper Project in Argentina and a 49% interest in the San José mine, along with exploration properties in Nevada, Canada, Mexico, and Argentina. Formerly known as US Gold Corporation, McEwen Mining Inc. was renamed in January 2012 and is headquartered in Toronto, Canada.

From a technical perspective, MUX has shown recent price weakness, with the stock trading below its 20-day and 50-day moving averages. The 20-day SMA of $7.72 and 50-day SMA of $7.98 highlight the stocks downward trend, while the 200-day SMA of $9.17 indicates longer-term bearish momentum. Average trading volume over the past 20 days is approximately 1.4 million shares, with a last price of $6.88 and an ATR of 0.36, suggesting moderate volatility.

Fundamentally, McEwen Mining Inc. has a market capitalization of $377.88 million, with a P/E ratio of 3.23 and a forward P/E of 200.00, indicating potentially high expectations for future earnings. The P/B ratio of 0.75 suggests the stock is undervalued relative to its book value, while the P/S ratio of 1.89 reflects moderate revenue multiples. The companys return on equity (RoE) of 20.51% highlights strong profitability relative to shareholder equity.

3-Month Forecast: Based on the technical and fundamental data, MUX is expected to face short-term price pressure due to its current position below key moving averages. However, the companys low P/E and P/B ratios, combined with strong RoE, suggest potential for a rebound if operational performance improves. The stock may experience volatility within the $6.50-$7.50 range, with potential upside if production targets are met or exceeded.