McEwen Mining (MUX) Stock Forecast, Price Target & Predictions
MUX Stock Forecast
McEwen Mining stock forecast is as follows: an average price target of $10.00 (represents a 5.60% upside from MUX’s last price of $9.47) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
MUX Price Target
The average price target for McEwen Mining (MUX) is $10.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $10.00. This represents a potential 5.60% upside from MUX's last price of $9.47.
MUX Analyst Ratings
According to 1 Wall Street analysts, McEwen Mining's rating consensus is 'Buy'. The analyst rating breakdown for MUX stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
McEwen Mining Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 13, 2022 | Jake Sekelsky | Industrial Alliance Securities | $10.00 | $5.20 | 92.31% | 5.60% |
The latest McEwen Mining stock forecast, released on May 13, 2022 by Jake Sekelsky from Industrial Alliance Securities, set a price target of $10.00, which represents a 92.31% increase from the stock price at the time of the forecast ($5.20), and a 5.60% increase from MUX last price ($9.47).
McEwen Mining Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $9.47 | $9.47 | $9.47 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of McEwen Mining stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to McEwen Mining's last price of $9.47. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 10, 2024 | H.C. Wainwright | Buy | Buy | Hold |
McEwen Mining's last stock rating was published by H.C. Wainwright on May 10, 2024. The company gave MUX a "Buy" rating, the same as its previous rate.
McEwen Mining Financial Forecast
McEwen Mining Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $58.68M | $11.94M | $4.83M | $34.75M | $28.24M | $25.99M | - | $25.54M | $34.97M | $37.13M | $40.71M | $23.74M | $27.70M | $27.39M | $18.29M | $31.40M | $32.36M | $32.69M | $36.38M | $15.64M | $26.46M | $26.90M |
| Avg Forecast | $20.30M | $20.30M | $20.30M | $21.30M | $41.85M | $43.13M | $41.79M | $38.25M | $46.50M | $37.30M | $38.81M | $30.03M | $33.75M | $36.26M | $33.69M | $28.15M | $35.48M | $38.17M | $38.65M | $24.50M | $28.88M | $28.96M | $18.45M | $32.02M | $35.84M | $34.80M | $32.01M | $22.82M | $17.64M | $13.45M |
| High Forecast | $20.30M | $20.30M | $20.30M | $21.30M | $41.85M | $43.13M | $41.79M | $38.25M | $46.50M | $37.30M | $38.81M | $30.03M | $33.75M | $36.26M | $33.69M | $28.15M | $35.48M | $38.17M | $38.65M | $24.50M | $28.88M | $28.96M | $18.45M | $32.02M | $35.84M | $34.80M | $32.01M | $22.82M | $21.17M | $16.14M |
| Low Forecast | $20.30M | $20.30M | $20.30M | $21.30M | $41.85M | $43.13M | $41.79M | $38.25M | $46.50M | $37.30M | $38.81M | $30.03M | $33.75M | $36.26M | $33.69M | $28.15M | $35.48M | $38.17M | $38.65M | $24.50M | $28.88M | $28.96M | $18.45M | $32.02M | $35.84M | $34.80M | $32.01M | $22.82M | $14.11M | $10.76M |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | 1.26% | 0.32% | 0.12% | 1.16% | 0.84% | 0.72% | - | 0.91% | 0.99% | 0.97% | 1.05% | 0.97% | 0.96% | 0.95% | 0.99% | 0.98% | 0.90% | 0.94% | 1.14% | 0.69% | 1.50% | 2.00% |
McEwen Mining's average Quarter revenue forecast for Mar 24 based on 0 analysts is $38.25M, with a low forecast of $38.25M, and a high forecast of $38.25M. MUX's average Quarter revenue forecast represents a -34.82% decrease compared to the company's last Quarter revenue of $58.68M (Dec 23).
McEwen Mining EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | $7.87M | $35.00K | $-5.52M | $-29.75M | $-32.73M | $-10.34M | - | $-20.06M | $-12.39M | $-10.77M | $192.00K | $-9.31M | $-14.94M | $-3.38M | $-13.22M | $-91.65M | $-19.02M | $-2.27M | $-9.93M | $-6.83M | $-14.72M | $-10.81M |
| Avg Forecast | $-8.28M | $-8.28M | $-8.28M | $-8.69M | $-17.07M | $-17.59M | $-17.05M | $-19.83M | $-18.97M | $-15.21M | $-15.83M | $-18.02M | $-13.77M | $-4.28M | $-13.74M | $-16.38M | $-14.47M | $-15.57M | $192.00K | $-5.12M | $-11.78M | $-3.38M | $-8.81M | $-1.90B | $-14.62M | $-1.25M | $-10.93M | $-8.54M | $-8.10M | $-11.90M |
| High Forecast | $-8.28M | $-8.28M | $-8.28M | $-8.69M | $-17.07M | $-17.59M | $-17.05M | $-15.86M | $-18.97M | $-15.21M | $-15.83M | $-14.42M | $-13.77M | $-3.42M | $-13.74M | $-13.11M | $-14.47M | $-15.57M | $230.40K | $-4.10M | $-11.78M | $-2.71M | $-7.05M | $-1.52B | $-14.62M | $-997.48K | $-8.74M | $-6.83M | $-6.48M | $-9.52M |
| Low Forecast | $-8.28M | $-8.28M | $-8.28M | $-8.69M | $-17.07M | $-17.59M | $-17.05M | $-23.79M | $-18.97M | $-15.21M | $-15.83M | $-21.63M | $-13.77M | $-5.13M | $-13.74M | $-19.66M | $-14.47M | $-15.57M | $153.60K | $-6.14M | $-11.78M | $-4.06M | $-10.57M | $-2.28B | $-14.62M | $-1.50M | $-13.11M | $-10.25M | $-9.71M | $-14.28M |
| Surprise % | - | - | - | - | - | - | - | - | -0.41% | -0.00% | 0.35% | 1.65% | 2.38% | 2.42% | - | 1.22% | 0.86% | 0.69% | 1.00% | 1.82% | 1.27% | 1.00% | 1.50% | 0.05% | 1.30% | 1.82% | 0.91% | 0.80% | 1.82% | 0.91% |
0 analysts predict MUX's average Quarter EBITDA for Mar 24 to be $-19.83M, with a high of $-15.86M and a low of $-23.79M. This is -352.04% lower than McEwen Mining's previous annual EBITDA (Dec 23) of $7.87M.
McEwen Mining Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 14 |
| Net Income | - | - | - | - | - | - | - | - | $169.76M | $-18.45M | $-21.63M | $-36.41M | $-42.08M | $-10.54M | - | $-21.06M | $-21.03M | $-17.40M | $-5.99M | $-12.47M | $-23.54M | $-9.78M | $-19.81M | $-99.19M | $-25.13M | $-11.46M | $-13.01M | $-10.14M | $-20.99M | $-13.29M |
| Avg Forecast | $497.18K | $497.18K | $-8.95M | $-8.95M | $-8.70M | $-5.72M | $-11.68M | $-25.72M | $-10.19M | $-37.04M | $-32.81M | $-23.39M | $-8.20M | $-12.37M | $-10.22M | $-21.26M | $-4.94M | $-2.47M | $-5.99M | $-6.86M | $-7.42M | $-9.78M | $-13.21M | $-2.05B | $-9.89M | $-6.31M | $-14.32M | $-12.67M | $-11.54M | $-14.62M |
| High Forecast | $497.18K | $497.18K | $-8.95M | $-8.95M | $-8.70M | $-5.72M | $-11.68M | $-20.58M | $-10.19M | $-37.04M | $-32.81M | $-18.71M | $-8.20M | $-9.90M | $-10.22M | $-17.01M | $-4.94M | $-2.47M | $-4.79M | $-5.49M | $-7.42M | $-7.82M | $-10.57M | $-1.64B | $-9.89M | $-5.04M | $-11.45M | $-10.14M | $-9.24M | $-11.70M |
| Low Forecast | $497.18K | $497.18K | $-8.95M | $-8.95M | $-8.70M | $-5.72M | $-11.68M | $-30.87M | $-10.19M | $-37.04M | $-32.81M | $-28.06M | $-8.20M | $-14.84M | $-10.22M | $-25.51M | $-4.94M | $-2.47M | $-7.19M | $-8.23M | $-7.42M | $-11.73M | $-15.85M | $-2.46B | $-9.89M | $-7.57M | $-17.18M | $-15.20M | $-13.85M | $-17.54M |
| Surprise % | - | - | - | - | - | - | - | - | -16.66% | 0.50% | 0.66% | 1.56% | 5.13% | 0.85% | - | 0.99% | 4.25% | 7.04% | 1.00% | 1.82% | 3.17% | 1.00% | 1.50% | 0.05% | 2.54% | 1.82% | 0.91% | 0.80% | 1.82% | 0.91% |
McEwen Mining's average Quarter net income forecast for Mar 24 is $-25.72M, with a range of $-30.87M to $-20.58M. MUX's average Quarter net income forecast represents a -115.15% decrease compared to the company's last Quarter net income of $169.76M (Dec 23).
McEwen Mining SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 14 |
| SG&A | - | - | - | - | - | - | - | - | $9.38M | $3.72M | $2.05M | $3.44M | $3.10M | $4.35M | - | $1.98M | $3.05M | $3.47M | $2.83M | $2.08M | $2.37M | $2.53M | $2.24M | $2.06M | $4.71M | $2.65M | $3.17M | $3.87M | $7.59M | $4.58M |
| Avg Forecast | $3.97M | $3.97M | $3.97M | $4.17M | $8.19M | $8.44M | $8.18M | $2.64M | $9.10M | $7.30M | $7.60M | $2.40M | $6.61M | $3.20M | $6.59M | $2.18M | $6.94M | $7.47M | $2.83M | $1.15M | $5.65M | $2.53M | $1.49M | $6.27M | $7.01M | $1.45M | $3.49M | $4.84M | $4.17M | $5.03M |
| High Forecast | $3.97M | $3.97M | $3.97M | $4.17M | $8.19M | $8.44M | $8.18M | $3.16M | $9.10M | $7.30M | $7.60M | $2.88M | $6.61M | $3.84M | $6.59M | $2.61M | $6.94M | $7.47M | $3.40M | $1.37M | $5.65M | $3.04M | $1.79M | $6.27M | $7.01M | $1.75M | $4.19M | $5.81M | $5.01M | $6.04M |
| Low Forecast | $3.97M | $3.97M | $3.97M | $4.17M | $8.19M | $8.44M | $8.18M | $2.11M | $9.10M | $7.30M | $7.60M | $1.92M | $6.61M | $2.56M | $6.59M | $1.74M | $6.94M | $7.47M | $2.27M | $916.52K | $5.65M | $2.03M | $1.19M | $6.27M | $7.01M | $1.16M | $2.79M | $3.87M | $3.34M | $4.03M |
| Surprise % | - | - | - | - | - | - | - | - | 1.03% | 0.51% | 0.27% | 1.44% | 0.47% | 1.36% | - | 0.91% | 0.44% | 0.46% | 1.00% | 1.82% | 0.42% | 1.00% | 1.50% | 0.33% | 0.67% | 1.82% | 0.91% | 0.80% | 1.82% | 0.91% |
McEwen Mining's average Quarter SG&A projection for Mar 24 is $2.64M, based on 0 Wall Street analysts, with a range of $2.11M to $3.16M. The forecast indicates a -71.88% fall compared to MUX last annual SG&A of $9.38M (Dec 23).
McEwen Mining EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 14 |
| EPS | - | - | - | - | - | - | - | - | $2.79 | $-0.39 | $-0.46 | $-0.77 | $-0.89 | $-0.21 | - | $-0.45 | $-0.46 | $-0.38 | $-0.13 | $-0.28 | $-0.58 | $-0.24 | $-0.49 | $-2.48 | $-0.63 | $-0.32 | $-0.38 | $-0.30 | $-0.62 | $-0.39 |
| Avg Forecast | $0.01 | $0.01 | $-0.18 | $-0.18 | $-0.17 | $-0.12 | $-0.23 | $-0.07 | $-0.20 | $-0.74 | $-0.66 | $-0.26 | $-0.17 | $-0.24 | $-0.21 | $-0.25 | $-0.10 | $-0.05 | $-0.15 | $-0.20 | $-0.15 | $-0.23 | $-0.35 | $-0.15 | $-0.20 | $-0.17 | $-0.20 | $-0.35 | $-0.22 | $-0.22 |
| High Forecast | $0.01 | $0.01 | $-0.18 | $-0.18 | $-0.17 | $-0.12 | $-0.23 | $-0.07 | $-0.20 | $-0.74 | $-0.66 | $-0.26 | $-0.17 | $-0.24 | $-0.21 | $-0.25 | $-0.10 | $-0.05 | $-0.15 | $-0.20 | $-0.15 | $-0.23 | $-0.35 | $-0.15 | $-0.20 | $-0.17 | $-0.20 | $-0.35 | $-0.18 | $-0.18 |
| Low Forecast | $0.01 | $0.01 | $-0.18 | $-0.18 | $-0.17 | $-0.12 | $-0.23 | $-0.07 | $-0.20 | $-0.74 | $-0.66 | $-0.26 | $-0.17 | $-0.24 | $-0.21 | $-0.25 | $-0.10 | $-0.05 | $-0.15 | $-0.20 | $-0.15 | $-0.23 | $-0.35 | $-0.15 | $-0.20 | $-0.17 | $-0.20 | $-0.35 | $-0.26 | $-0.26 |
| Surprise % | - | - | - | - | - | - | - | - | -13.61% | 0.52% | 0.70% | 3.02% | 5.39% | 0.86% | - | 1.80% | 4.60% | 7.58% | 0.87% | 1.41% | 3.89% | 1.04% | 1.41% | 16.52% | 3.14% | 1.90% | 1.88% | 0.86% | 2.82% | 1.79% |
According to 0 Wall Street analysts, McEwen Mining's projected average Quarter EPS for Mar 24 is $-0.07, with a low estimate of $-0.07 and a high estimate of $-0.07. This represents a -102.51% decrease compared to MUX previous annual EPS of $2.79 (Dec 23).
McEwen Mining Peer Comparison by Price Target
MUX Forecast FAQ
Is McEwen Mining a good buy?
Yes, according to 1 Wall Street analysts, McEwen Mining (MUX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of MUX's total ratings.
What is MUX's price target?
McEwen Mining (MUX) average price target is $10 with a range of $10 to $10, implying a 5.60% from its last price of $9.47. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will McEwen Mining stock go up soon?
According to Wall Street analysts' prediction for MUX stock, the company can go up by 5.60% (from the last price of $9.47 to the average price target of $10), up by 5.60% based on the highest stock price target, and up by 5.60% based on the lowest stock price target.
Can McEwen Mining stock reach $14?
MUX's average twelve months analyst stock price target of $10 does not support the claim that McEwen Mining can reach $14 in the near future.
What are McEwen Mining's analysts' financial forecasts?
McEwen Mining's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $165.02M (high $165.02M, low $165.02M), average EBITDA is $-71.532M (high $-67.567M, low $-75.497M), average net income is $-51.826M (high $-46.681M, low $-56.971M), average SG&A $27.45M (high $27.97M, low $26.92M), and average EPS is $-0.595 (high $-0.595, low $-0.595). MUX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $82.2M (high $82.2M, low $82.2M), average EBITDA is $-33.527M (high $-33.527M, low $-33.527M), average net income is $-16.904M (high $-16.904M, low $-16.904M), average SG&A $16.09M (high $16.09M, low $16.09M), and average EPS is $-0.34 (high $-0.34, low $-0.34).
Did the MUX's actual financial results beat the analysts' financial forecasts?
Based on McEwen Mining's last annual report (Dec 2023), the company's revenue was $166.23M, beating the average analysts forecast of $152.65M by 8.90%. Apple's EBITDA was $-74.945M, beating the average prediction of $-68.033M by 10.16%. The company's net income was $86.6M, missing the average estimation of $-103M by -183.73%. Apple's SG&A was $101.78M, beating the average forecast of $26.39M by 285.62%. Lastly, the company's EPS was $1.82, missing the average prediction of $-1.865 by -197.59%. In terms of the last quarterly report (Dec 2023), McEwen Mining's revenue was $58.68M, beating the average analysts' forecast of $46.5M by 26.19%. The company's EBITDA was $7.87M, missing the average prediction of $-18.966M by -141.47%. McEwen Mining's net income was $169.76M, missing the average estimation of $-10.192M by -1765.56%. The company's SG&A was $9.38M, beating the average forecast of $9.1M by 3.04%. Lastly, the company's EPS was $2.79, missing the average prediction of $-0.205 by -1460.98%