McEwen Mining (MUX) Set to Announce Earnings on Thursday

McEwen Mining (TSE:MUX) (NYSE:MUX) is scheduled to release its earnings data before the market opens on Thursday, May 9th. Analysts expect McEwen Mining to post earnings of C($0.04) per share for the quarter.

McEwen Mining (TSE:MUX) (NYSE:MUX) last posted its quarterly earnings data on Thursday, February 29th. The company reported C$3.95 earnings per share for the quarter, topping the consensus estimate of C($0.43) by C$4.38. The company had revenue of C$79.89 million during the quarter, compared to analyst estimates of C$71.55 million. McEwen Mining had a net margin of 33.27% and a return on equity of 7.73%.

McEwen Mining Price Performance

Shares of TSE MUX traded up C$0.26 during mid-day trading on Tuesday, hitting C$16.72. 5,404 shares of the stock were exchanged, compared to its average volume of 32,747. The company has a market cap of C$826.14 million, a P/E ratio of 10.35 and a beta of 1.55. The stock’s fifty day simple moving average is C$13.44 and its two-hundred day simple moving average is C$10.88. The company has a debt-to-equity ratio of 8.25, a quick ratio of 1.00 and a current ratio of 1.75. McEwen Mining has a twelve month low of C$8.05 and a twelve month high of C$17.08.

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.