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MCEWEN INC (MUX.CA) Stock Fundamental Analysis

TSX:MUX - Toronto Stock Exchange - US58039P3055 - Common Stock - Currency: CAD

14.42  +0.38 (+2.71%)

Fundamental Rating

3

MUX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 794 industry peers in the Metals & Mining industry. MUX may be in some trouble as it scores bad on both profitability and health. MUX has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

In the past year MUX has reported negative net income.
In the past year MUX had a positive cash flow from operations.
MUX had negative earnings in 4 of the past 5 years.
In the past 5 years MUX reported 4 times negative operating cash flow.
MUX.CA Yearly Net Income VS EBIT VS OCF VS FCFMUX.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M -150M

1.2 Ratios

With a decent Return On Assets value of -4.05%, MUX is doing good in the industry, outperforming 73.30% of the companies in the same industry.
MUX has a better Return On Equity (-6.16%) than 70.40% of its industry peers.
Industry RankSector Rank
ROA -4.05%
ROE -6.16%
ROIC N/A
ROA(3y)-4.5%
ROA(5y)-10.95%
ROE(3y)-7.65%
ROE(5y)-15.95%
ROIC(3y)N/A
ROIC(5y)N/A
MUX.CA Yearly ROA, ROE, ROICMUX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30 -40

1.3 Margins

MUX has a Gross Margin of 20.71%. This is amongst the best in the industry. MUX outperforms 87.91% of its industry peers.
In the last couple of years the Gross Margin of MUX has grown nicely.
MUX does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 20.71%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y18.18%
MUX.CA Yearly Profit, Operating, Gross MarginsMUX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

3

2. Health

2.1 Basic Checks

MUX does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MUX has more shares outstanding
The number of shares outstanding for MUX has been increased compared to 5 years ago.
Compared to 1 year ago, MUX has an improved debt to assets ratio.
MUX.CA Yearly Shares OutstandingMUX.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
MUX.CA Yearly Total Debt VS Total AssetsMUX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

MUX has an Altman-Z score of -0.90. This is a bad value and indicates that MUX is not financially healthy and even has some risk of bankruptcy.
MUX has a worse Altman-Z score (-0.90) than 60.08% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that MUX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.26, MUX is doing worse than 70.40% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF N/A
Altman-Z -0.9
ROIC/WACCN/A
WACC9.02%
MUX.CA Yearly LT Debt VS Equity VS FCFMUX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

MUX has a Current Ratio of 2.35. This indicates that MUX is financially healthy and has no problem in meeting its short term obligations.
MUX has a Current ratio of 2.35. This is comparable to the rest of the industry: MUX outperforms 58.06% of its industry peers.
A Quick Ratio of 1.89 indicates that MUX should not have too much problems paying its short term obligations.
MUX has a Quick ratio (1.89) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 2.35
Quick Ratio 1.89
MUX.CA Yearly Current Assets VS Current LiabilitesMUX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

3

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 52.08% over the past year.
MUX shows a decrease in Revenue. In the last year, the revenue decreased by -2.18%.
The Revenue has been growing by 8.32% on average over the past years. This is quite good.
EPS 1Y (TTM)52.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-140%
Revenue 1Y (TTM)-2.18%
Revenue growth 3Y8.53%
Revenue growth 5Y8.32%
Sales Q2Q%-13.42%

3.2 Future

The Earnings Per Share is expected to grow by 73.18% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -6.97% on average over the next years.
EPS Next Y113.44%
EPS Next 2Y73.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-12.92%
Revenue Next 2Y-6.97%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
MUX.CA Yearly Revenue VS EstimatesMUX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M
MUX.CA Yearly EPS VS EstimatesMUX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 1 -1 -2 -3

4

4. Valuation

4.1 Price/Earnings Ratio

MUX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 16.94, which indicates a correct valuation of MUX.
89.17% of the companies in the same industry are more expensive than MUX, based on the Price/Forward Earnings ratio.
MUX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 33.87.
Industry RankSector Rank
PE N/A
Fwd PE 16.94
MUX.CA Price Earnings VS Forward Price EarningsMUX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30

4.2 Price Multiples

MUX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MUX is cheaper than 89.17% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 25.92
MUX.CA Per share dataMUX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

MUX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MUX's earnings are expected to grow with 73.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y73.18%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

MUX does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

MCEWEN INC

TSX:MUX (8/11/2025, 7:00:00 PM)

14.42

+0.38 (+2.71%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-05 2025-08-05
Earnings (Next)11-03 2025-11-03
Inst Owners39.68%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap778.54M
Analysts80
Price Target20.98 (45.49%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-100.17%
Min EPS beat(2)-197.03%
Max EPS beat(2)-3.31%
EPS beat(4)1
Avg EPS beat(4)-47.52%
Min EPS beat(4)-197.03%
Max EPS beat(4)64%
EPS beat(8)4
Avg EPS beat(8)-30.3%
EPS beat(12)5
Avg EPS beat(12)-77.69%
EPS beat(16)6
Avg EPS beat(16)-127.74%
Revenue beat(2)1
Avg Revenue beat(2)-3.21%
Min Revenue beat(2)-9.51%
Max Revenue beat(2)3.09%
Revenue beat(4)3
Avg Revenue beat(4)1.78%
Min Revenue beat(4)-9.51%
Max Revenue beat(4)7.08%
Revenue beat(8)6
Avg Revenue beat(8)1.12%
Revenue beat(12)6
Avg Revenue beat(12)-4.27%
Revenue beat(16)7
Avg Revenue beat(16)-3.95%
PT rev (1m)5.09%
PT rev (3m)2.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)114.29%
EPS NY rev (1m)0%
EPS NY rev (3m)131.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)17.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-21.93%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 16.94
P/S 3.35
P/FCF N/A
P/OCF 23.97
P/B 1.18
P/tB 1.18
EV/EBITDA 25.92
EPS(TTM)-0.95
EYN/A
EPS(NY)0.85
Fwd EY5.9%
FCF(TTM)-0.78
FCFYN/A
OCF(TTM)0.6
OCFY4.17%
SpS4.3
BVpS12.21
TBVpS12.21
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -4.05%
ROE -6.16%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 20.71%
FCFM N/A
ROA(3y)-4.5%
ROA(5y)-10.95%
ROE(3y)-7.65%
ROE(5y)-15.95%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y18.18%
F-Score4
Asset Turnover0.23
Health
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF N/A
Debt/EBITDA 5.54
Cap/Depr 183.98%
Cap/Sales 32.23%
Interest Coverage N/A
Cash Conversion 104.34%
Profit Quality N/A
Current Ratio 2.35
Quick Ratio 1.89
Altman-Z -0.9
F-Score4
WACC9.02%
ROIC/WACCN/A
Cap/Depr(3y)153.99%
Cap/Depr(5y)131.29%
Cap/Sales(3y)27.62%
Cap/Sales(5y)24.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)52.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-140%
EPS Next Y113.44%
EPS Next 2Y73.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.18%
Revenue growth 3Y8.53%
Revenue growth 5Y8.32%
Sales Q2Q%-13.42%
Revenue Next Year-12.92%
Revenue Next 2Y-6.97%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y90.11%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year159.29%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y68.13%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y133.02%
OCF growth 3YN/A
OCF growth 5YN/A