Mcewen Mining Intrinsic Value Calculator – McEwen Mining Reports Production of 29.6k GEOs During October-November Period
December 14, 2023
🌥️Trending News
MCEWEN ($NYSE:MUX): McEwen Mining is a leading gold and silver producer in the Americas. The company recently reported their production of 29.6k GEOs during the two-month period of October and November. The increase can largely be attributed to the success of their El Gallo mine in Mexico. The El Gallo mine has proven to be a reliable source of gold and silver, boosting McEwen Mining’s overall performance.
Overall, McEwen Mining’s production was strong in the October-November period and they have achieved robust results in terms of their cash flow from operations. With their El Gallo mine continuing to produce reliable amounts of gold and silver, the company is well-positioned to continue its growth and success moving forward.
Stock Price
On Wednesday, MCEWEN MINING stock opened at $6.8 and closed at $7.4, indicating a rise of 8.9% from its prior closing price of $6.8. This increase in share prices, along with the improved production results from the October-November period, is a positive sign for the company’s continued success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mcewen Mining. More…
| Total Revenues | Net Income | Net Margin |
| 135.79 | -120.52 | -72.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mcewen Mining. More…
| Operations | Investing | Financing |
| -52.03 | -58.94 | 158.88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mcewen Mining. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 572.69 | 138.72 | 7.33 |
Key Ratios Snapshot
Some of the financial key ratios for Mcewen Mining are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.5% | – | -89.6% |
| FCF Margin | ROE | ROA |
| -57.0% | -21.2% | -13.3% |
Analysis – Mcewen Mining Intrinsic Value Calculator
At GoodWhale, we analyzed the financials of MCEWEN MINING using our proprietary Valuation Line. Our assessment of the intrinsic value of MCEWEN MINING’s stock was around $8.8. However, the stock is currently trading at a price of $7.4, which means it is undervalued by 16.4%. This presents an opportunity for investors to purchase MCEWEN MINING stock at a fair price. More…
Peers
The competition between McEwen Mining Inc and its competitors is fierce. All four companies are vying for supremacy in the gold mining industry. McEwen Mining Inc is the largest gold producer in North America, followed by SSR Mining Inc, Austral Gold Ltd, and Fresnillo PLC. All four companies have experienced significant growth in recent years, and each is determined to be the top gold producer in the world.
– SSR Mining Inc ($TSX:SSRM)
As of 2022, SSR Mining Inc has a market cap of 3.89B and a Return on Equity of 6.57%. The company is a leading precious metals producer with operations in North and South America. The company’s core assets include the Marigold mine in Nevada, the Puna Operations in Argentina, and the Seabee Gold Operation in Saskatchewan.
– Austral Gold Ltd ($ASX:AGD)
Austral Gold Ltd is a gold mining and exploration company. The company has a market cap of 26.33M as of 2022 and a Return on Equity of -12.84%. The company operates in Australia, Chile, and Argentina. Austral Gold Ltd is focused on increasing shareholder value through the exploration, development, and production of gold and copper projects.
– Fresnillo PLC ($LSE:FRES)
Fresnillo PLC is a Mexican-based precious metals mining company with a market capitalization of 5.22 billion as of 2022. The company is the world’s largest primary silver producer and Mexico’s largest gold producer. Fresnillo’s main assets are the Fresnillo and Saucito mines in the state of Zacatecas, and the Herradura mine in the state of Sonora. The company also has several development projects in Mexico, Peru, and Chile. Fresnillo’s primary products are silver and gold, and it also produces lead and zinc. The company has a strong focus on sustainable development and aims to reduce its environmental impact.
Summary
Mcewen Mining, a Canadian mining company, has reported production of 29.6k GEOs during the October-November period. This news appears to have had a positive effect on its stock price, which moved up following the announcement. Investors may be encouraged by the company’s production numbers as it indicates their operations are running smoothly and efficiently.
Additionally, these strong production figures may suggest future growth potential for the company, making it an attractive option for investors. Furthermore, investors should consider whether the company’s current price reflects its underlying fundamentals, such as cash flow, revenue, debt, and other metrics, in order to make an informed investment decision. Overall, Mcewen Mining appears to be a viable option for investors who are looking to diversify their holdings and capitalize on the potential of its production numbers.
