Roth Capital Reduces Earnings Estimates for McEwen Mining

McEwen Mining Inc (NYSE:MUX) (TSE:MUX) – Investment analysts at Roth Capital reduced their Q4 2025 earnings per share (EPS) estimates for McEwen Mining in a research note issued on Friday, March 21st. Roth Capital analyst J. Reagor now anticipates that the basic materials company will post earnings of $0.03 per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for McEwen Mining’s current full-year earnings is ($0.72) per share. Roth Capital also issued estimates for McEwen Mining’s Q1 2026 earnings at ($0.02) EPS, Q2 2026 earnings at ($0.02) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at ($0.09) EPS.

McEwen Mining (NYSE:MUX) (TSE:MUX) last announced its quarterly earnings data on Friday, March 14th. The basic materials company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.02). The firm had revenue of $33.52 million for the quarter, compared to the consensus estimate of $32.20 million. McEwen Mining had a return on equity of 20.77% and a net margin of 51.31%.

A number of other analysts have also commented on MUX. HC Wainwright reaffirmed a “buy” rating and set a $18.00 target price on shares of McEwen Mining in a report on Wednesday, March 19th. Roth Mkm dropped their price objective on McEwen Mining from $13.00 to $12.50 and set a “buy” rating for the company in a report on Friday, March 21st. Finally, StockNews.com lowered McEwen Mining from a “hold” rating to a “sell” rating in a research note on Wednesday, February 19th.

McEwen Mining Trading Up 2.1 %

MUX opened at $7.93 on Monday. The firm has a 50 day simple moving average of $7.73 and a 200 day simple moving average of $8.53. McEwen Mining has a fifty-two week low of $6.46 and a fifty-two week high of $12.50. The company has a market cap of $427.70 million, a price-to-earnings ratio of 3.62 and a beta of 1.39. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.17 and a quick ratio of 0.74.

Hedge Funds Weigh In On McEwen Mining

Several institutional investors and hedge funds have recently made changes to their positions in the company. New Age Alpha Advisors LLC bought a new position in McEwen Mining during the fourth quarter worth about $38,000. Quarry LP bought a new position in shares of McEwen Mining during the 3rd quarter valued at about $51,000. Aquatic Capital Management LLC grew its position in shares of McEwen Mining by 357.9% in the 4th quarter. Aquatic Capital Management LLC now owns 7,327 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 5,727 shares during the period. Total Wealth Planning & Management Inc. acquired a new position in shares of McEwen Mining in the 4th quarter valued at approximately $96,000. Finally, Private Advisor Group LLC increased its stake in McEwen Mining by 18.8% during the 4th quarter. Private Advisor Group LLC now owns 12,645 shares of the basic materials company’s stock worth $98,000 after purchasing an additional 2,000 shares in the last quarter. Institutional investors and hedge funds own 17.03% of the company’s stock.

About McEwen Mining

McEwen Mining Inc engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada.