McEwen Mining (TSE:MUX) Releases Earnings Results

McEwen Mining (TSE:MUX) (NYSE:MUX) released its quarterly earnings results on Tuesday. The company reported C$0.78 EPS for the quarter, FiscalAI reports. McEwen Mining had a net margin of 17.43% and a return on equity of 6.89%. The company had revenue of C$86.06 million for the quarter.

McEwen Mining Stock Performance

TSE:MUX opened at C$28.60 on Thursday. The firm has a market capitalization of C$1.69 billion, a PE ratio of 48.47 and a beta of 1.69. McEwen Mining has a 1 year low of C$9.13 and a 1 year high of C$40.07. The company has a current ratio of 1.69, a quick ratio of 1.00 and a debt-to-equity ratio of 23.47. The firm’s fifty day simple moving average is C$34.12 and its 200 day simple moving average is C$27.86.

About McEwen Mining

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. It also owns interests in the Fuller, Davidson-Tisdale, Buffalo Ankerite, and Paymaster exploration properties located in Canada; and a 49% interest in the San José mine located in Argentina.