Logo image of MUX.CA

MCEWEN MINING INC (MUX.CA) Stock Fundamental Analysis

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

12.28  -0.05 (-0.41%)

Fundamental Rating

3

MUX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 805 industry peers in the Metals & Mining industry. MUX has a bad profitability rating. Also its financial health evaluation is rather negative. MUX has a valuation in line with the averages, but on the other hand it scores bad on growth.


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.
In the past 5 years MUX reported 4 times negative net income.
MUX had negative operating cash flow in 4 of the past 5 years.
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

MUX has a Return On Assets of -4.05%. This is in the better half of the industry: MUX outperforms 73.04% of its industry peers.
MUX's Return On Equity of -6.16% is fine compared to the rest of the industry. MUX outperforms 71.18% 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

With an excellent Gross Margin value of 20.71%, MUX belongs to the best of the industry, outperforming 88.32% of the companies in the same industry.
MUX's Gross Margin has improved in the last couple of years.
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.
The number of shares outstanding for MUX has been increased compared to 1 year ago.
MUX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MUX has been reduced compared to a year ago.
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 -1.06. This is a bad value and indicates that MUX is not financially healthy and even has some risk of bankruptcy.
MUX has a Altman-Z score of -1.06. This is comparable to the rest of the industry: MUX outperforms 41.86% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that MUX is not too dependend on debt financing.
The Debt to Equity ratio of MUX (0.26) is worse than 68.82% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF N/A
Altman-Z -1.06
ROIC/WACCN/A
WACC8.73%
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

A Current Ratio of 2.35 indicates that MUX has no problem at all paying its short term obligations.
MUX has a Current ratio of 2.35. This is comparable to the rest of the industry: MUX outperforms 57.02% of its industry peers.
MUX has a Quick Ratio of 1.89. This is a normal value and indicates that MUX is financially healthy and should not expect problems in meeting its short term obligations.
MUX has a Quick ratio of 1.89. This is comparable to the rest of the industry: MUX outperforms 56.15% of 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

MUX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 52.08%, which is quite impressive.
The Revenue has decreased by -2.18% in the past year.
MUX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.32% yearly.
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

Based on estimates for the next years, MUX will show a very strong growth in Earnings Per Share. The EPS will grow by 79.27% on average per year.
MUX is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -17.52% yearly.
EPS Next Y92.94%
EPS Next 2Y79.27%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-28.69%
Revenue Next 2Y-17.52%
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

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for MUX. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 11.91 indicates a reasonable valuation of MUX.
MUX's Price/Forward Earnings ratio is rather cheap when compared to the industry. MUX is cheaper than 90.93% of the companies in the same industry.
MUX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.17, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 11.91
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

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MUX indicates a rather cheap valuation: MUX is cheaper than 89.81% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 22.92
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

The 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 79.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y79.27%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

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

MCEWEN MINING INC

TSX:MUX (6/4/2025, 7:00:00 PM)

12.28

-0.05 (-0.41%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)05-07 2025-05-07/amc
Earnings (Next)08-05 2025-08-05
Inst Owners30.74%
Inst Owner ChangeN/A
Ins Owners0.47%
Ins Owner ChangeN/A
Market Cap663.00M
Analysts80
Price Target21.17 (72.39%)
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)3.27%
PT rev (3m)-26.39%
EPS NQ rev (1m)85.71%
EPS NQ rev (3m)90.48%
EPS NY rev (1m)83.33%
EPS NY rev (3m)80.3%
Revenue NQ rev (1m)13.79%
Revenue NQ rev (3m)6.03%
Revenue NY rev (1m)-36.06%
Revenue NY rev (3m)-39.23%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 11.91
P/S 2.86
P/FCF N/A
P/OCF 20.46
P/B 1.01
P/tB 1.01
EV/EBITDA 22.92
EPS(TTM)-0.95
EYN/A
EPS(NY)1.03
Fwd EY8.4%
FCF(TTM)-0.78
FCFYN/A
OCF(TTM)0.6
OCFY4.89%
SpS4.29
BVpS12.18
TBVpS12.18
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 -1.06
F-Score4
WACC8.73%
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 Y92.94%
EPS Next 2Y79.27%
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-28.69%
Revenue Next 2Y-17.52%
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