McEwen Mining (MUX) Projected to Post Quarterly Earnings on Thursday

McEwen Mining (NYSE:MUX) (TSE:MUX) is projected to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $32.20 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

McEwen Mining Trading Down 2.3 %

Shares of McEwen Mining stock opened at $6.72 on Tuesday. The stock has a market capitalization of $355.66 million, a P/E ratio of 3.07 and a beta of 1.42. The company has a quick ratio of 0.74, a current ratio of 1.17 and a debt-to-equity ratio of 0.06. The company has a 50-day simple moving average of $7.91 and a 200 day simple moving average of $8.72. McEwen Mining has a 12-month low of $6.60 and a 12-month high of $12.50.

Wall Street Analyst Weigh In

MUX has been the subject of a number of recent analyst reports. StockNews.com cut shares of McEwen Mining from a “hold” rating to a “sell” rating in a research report on Wednesday, February 19th. HC Wainwright lowered their price objective on shares of McEwen Mining from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Finally, Roth Mkm lowered their price objective on shares of McEwen Mining from $12.75 to $12.25 and set a “buy” rating for the company in a research report on Thursday, November 7th.

McEwen Mining Company Profile

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.