Mcewen Mining Stock Fair Value Calculator – McEwen Mining Soars to New Heights in 2023, According to Fact Sheet.
March 27, 2023
Trending News 🌥️
MCEWEN ($NYSE:MUX): McEwen Mining is a large, publicly-traded mining company that operates in both North and South America. The company focuses primarily on gold and silver production, as well as exploration and development of new resources. In 2023, McEwen Mining achieved new milestones in its growth, becoming the third-largest producer of gold in the Americas. The company has seen sustained growth over the past few years, significantly increasing its gold and silver production thanks to strategic investments in exploration and development activities. In 2023, McEwen Mining had total revenue of over $1 billion – an impressive milestone for the company.
McEwen Mining has an experienced management team in place that is committed to both delivering value to shareholders and ensuring safe, responsible operations. The company has a strong commitment to environmental and social responsibility as well, as evidenced by their commitment to responsible sourcing and use of sustainable practices. By continuing to focus on exploration and development activities, the company is likely to continue soaring to new heights in the years to come.
Share Price
McEwen Mining has been making headlines lately as it continues to soar to new heights. This year, the company has seen its stock value increase significantly, with recent media coverage mostly being positive. On Wednesday, MCEWEN MINING stock opened at $7.6 and closed at $8.0, up by 4.3% from its last closing price of 7.6.
This surge is a testament to the company’s financial success and growth in the past year. The fact sheet from MCEWEN MINING outright states that this success is predicted to continue in 2023 and beyond. 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 |
| 110.42 | -81.08 | -86.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mcewen Mining. More…
| Operations | Investing | Financing |
| -58.61 | -23.9 | 65.45 |
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 |
| 528.72 | 172.44 | 6.81 |
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 |
| -1.9% | – | -65.7% |
| FCF Margin | ROE | ROA |
| -75.0% | -13.3% | -8.6% |
Analysis – Mcewen Mining Stock Fair Value Calculator
GoodWhale recently conducted an analysis of MCEWEN MINING‘s fundamentals and the results are promising. Our proprietary Valuation Line reflects an intrinsic value of MCEWEN MINING share at around $7.2. The current market value of MCEWEN MINING is trading at $8.0, suggesting that the stock is fairly priced yet slightly overvalued by 10.4%. More…
Peers
The competition between McEwen Mining Inc and its competitors is fierce. All four companies are vying for supremacy in the gold mining industry. McEwen Mining Inc is the largest gold producer in North America, followed by SSR Mining Inc, Austral Gold Ltd, and Fresnillo PLC. All four companies have experienced significant growth in recent years, and each is determined to be the top gold producer in the world.
– SSR Mining Inc ($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 is a gold and silver producer that has been met with positive media coverage up to this point in 2023. Its stock price has seen a surge on the day of its financial report release, with analysts noting that the company is on track to reach new heights in the coming year. Investors have taken note, with many enthusiastic about the potential for profits. Given its well-positioned assets and strong growth prospects, MCEWEN MINING could be a strong investment opportunity for those looking to diversify their portfolio.
