McEwen Mining Stock Price and Value Analysis

Should you buy McEwen Mining stock? (NYSE:MUX). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
None.
  • This company has wild ups and downs.
  • This company is not making money.
  • This company is less known than others.
  • This stock looks overpriced.
  • This company pays no dividend.

Inside the MUX Numbers

MUX Price
(McEwen Mining stock price per share)
$1.30
[?] PE Ratio versus Sector 242% higher than other Basic Materials stocks
[?] PE Ratio versus Industry 205% higher than other Unknown stocks
[?] Free Cash Flow Jitter 60%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 50,377,968 shares shorted. With 375,541,816 shares available for purchase and an average trading volume over the past 10 trading days of 3,020,225, it would take at least 16.68 days for all of the short holders to cover their shorts.

What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.

Is McEwen Mining Stock on Sale?

Based on our analysis, we believe that you should not buy McEwen Mining right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy MUX Stock?

Does McEwen Mining have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.