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Home โบ Stocks โบ McEwen Mining Inc. (MUX) Stock Forecast & Price Prediction Canada | NYSE | Basic Materials | Other Precious Metals & Mining
$16.59
-1.00 (-5.69%)Did MUX Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if McEwen Mining is one of their latest high-conviction picks.
Based on our analysis of 5 Wall Street analysts, MUX has a bullish consensus with a median price target of $31.00 (ranging from $29.50 to $35.00). The overall analyst rating is Strong Buy (9.7/10). Currently trading at $16.59, the median forecast implies a 86.9% upside. This outlook is supported by 6 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Joe Reagor at Roth Capital, projecting a 111.0% upside. Conversely, the most conservative target is provided by Heiko F. Ihle at HC Wainwright & Co., suggesting a 77.8% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for MUX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 18, 2026 | Roth Capital | Joe Reagor | Buy | Maintains | $35.00 |
| Mar 18, 2026 | HC Wainwright & Co. | Heiko F. Ihle | Buy | Maintains | $29.50 |
| Jan 30, 2026 | Roth Capital | Buy | Maintains | $N/A | |
| Dec 17, 2025 | Roth Capital | Buy | Reiterates | $N/A | |
| Oct 15, 2025 | Canaccord Genuity | Buy | Initiates | $N/A | |
| Oct 10, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Jul 29, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Jul 1, 2025 | Roth Capital | Buy | Reiterates | $N/A | |
| May 9, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Mar 21, 2025 | Roth MKM | Buy | Maintains | $N/A | |
| Mar 19, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jan 30, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Nov 7, 2024 | Roth MKM | Buy | Maintains | $N/A | |
| Nov 7, 2024 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| May 13, 2024 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| May 10, 2024 | Roth MKM | Buy | Reiterates | $N/A | |
| Mar 4, 2024 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Nov 10, 2023 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Oct 31, 2023 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Aug 16, 2023 | Roth MKM | Buy | Reiterates | $N/A |
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McEwen Mining Inc. has a market capitalization of $991.09M with a P/E ratio of 15.2x. The company generates $235.91M in trailing twelve-month revenue with a 31.4% profit margin.
Revenue growth is +107.4% quarter-over-quarter, while maintaining an operating margin of +14.7% and return on equity of +13.1%.
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Precious metals exploration and production company.
McEwen Mining generates revenue by exploring and extracting precious metals, primarily gold and silver, from its mining operations in the Americas. The company produces bullion, which is sold to financial institutions, manufacturers, and industrial consumers, thus leveraging its mining assets to create value.
The company emphasizes eco-friendly practices and sustainability in its operations, appealing to socially-conscious investors and meeting regulatory requirements. Its strategic projects in key regions, particularly in Canada, the U.S., and Argentina, position it as a significant player in the global metals market, essential for various industries.
Basic Materials
Other Precious Metals & Mining
1,981
Mr. Robert Ross McEwen
Canada
1980
McEwen Inc. (NYSE/TSX: MUX) has been added to the Russell 2000ยฎ Index, effective June 29, 2026, following the Russell reconstitution. This reflects its inclusion in the Russell 3000ยฎ Index.
Inclusion in the Russell 2000 Index increases McEwen Inc.'s visibility, potentially attracting more institutional investors and boosting liquidity, which can positively impact its stock price.
MUX offers exposure to the Los Azules copper project and a gold portfolio that is generating cash. Key catalysts include a potential IPO of McEwen Copper and a final investment decision on Los Azules.
MUX's exposure to the Los Azules copper project and its growing gold production offers potential for increased cash flow and share value, especially with upcoming catalysts like an IPO and investment decisions.
McEwen Inc. (MUX) shareholders approved the election of directors, ratified Ernst & Young as auditors for 2026, and authorized common stock issuance to Robert R. McEwen at the annual meeting.
The approval of directors and auditor, along with stock issuance, signals shareholder confidence and stability, influencing MUX's governance and potential stock performance.
McEwen Mining is shifting to a self-funding growth model with improved cash flow. Strong dividends from San Josรฉ support development at Grey Fox, Stock, El Gallo, and Los Azules, enhancing copper exposure.
McEwen's shift to a self-funding model with strong cash flow and diversified projects reduces financial risk and enhances growth potential, making it a more attractive investment opportunity.
Drilling has started at the Surebet Discovery with 2 rigs on site and 5 more arriving, aiming for 50,000 meters this year to expand mineralization and locate the Motherlode Feeder Source.
The initiation of drilling at the high-grade Surebet Discovery signals potential for significant gold reserves, which could enhance company valuation and attract investor interest.
McEwen Inc. announced positive results from the Pre-Feasibility Study for its Grey Fox Project, projecting gold production of ~100,000 ounces by 2029 and supporting a goal of 250,000-300,000 GEOs by 2030.
The PFS for McEwen's Grey Fox Project signals a significant boost in gold production, enhancing future revenue potential and positioning the company for growth in a competitive market.
Based on our analysis of 5 Wall Street analysts, McEwen Mining Inc. (MUX) has a median price target of $31.00. The highest price target is $35.00 and the lowest is $29.50.
According to current analyst ratings, MUX has 6 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $16.59. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict MUX stock could reach $31.00 in the next 12 months. This represents a 86.9% increase from the current price of $16.59. Please note that this is a projection by Wall Street analysts and not a guarantee.
McEwen Mining generates revenue by exploring and extracting precious metals, primarily gold and silver, from its mining operations in the Americas. The company produces bullion, which is sold to financial institutions, manufacturers, and industrial consumers, thus leveraging its mining assets to create value.
The highest price target for MUX is $35.00 from Joe Reagor at Roth Capital, which represents a 111.0% increase from the current price of $16.59.
The lowest price target for MUX is $29.50 from Heiko F. Ihle at HC Wainwright & Co., which represents a 77.8% increase from the current price of $16.59.
The overall analyst consensus for MUX is bullish. Out of 5 Wall Street analysts, 6 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $31.00.
Stock price projections, including those for McEwen Mining Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.