What is HC Wainwright’s Estimate for McEwen FY2026 Earnings?

McEwen Inc. (NYSE:MUX) (TSE:MUX) – Stock analysts at HC Wainwright dropped their FY2026 earnings per share estimates for McEwen in a research note issued on Friday, August 7th. HC Wainwright analyst H. Ihle now expects that the basic materials company will post earnings of $0.92 per share for the year, down from their prior estimate of $0.97. HC Wainwright currently has a “Buy” rating and a $28.00 target price on the stock. The consensus estimate for McEwen’s current full-year earnings is $0.99 per share.

A number of other equities analysts have also issued reports on MUX. Roth Capital set a $31.00 target price on McEwen and gave the company a “buy” rating in a research report on Monday. Wall Street Zen downgraded shares of McEwen from a “hold” rating to a “sell” rating in a research report on Saturday. Zacks Research lowered shares of McEwen from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings cut shares of McEwen from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, McEwen has a consensus rating of “Hold” and an average target price of $28.00.

McEwen Price Performance

Shares of NYSE MUX opened at $19.16 on Monday. The company has a quick ratio of 1.61, a current ratio of 2.04 and a debt-to-equity ratio of 0.17. McEwen has a fifty-two week low of $9.86 and a fifty-two week high of $29.70. The business has a 50 day moving average price of $18.26 and a two-hundred day moving average price of $21.77. The firm has a market cap of $1.18 billion, a PE ratio of 15.21 and a beta of 1.23.

McEwen (NYSE:MUX) (TSE:MUX) last released its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.14). The business had revenue of $59.23 million during the quarter, compared to analyst estimates of $65.51 million. McEwen had a return on equity of 13.48% and a net margin of 32.46%.

Insiders Place Their Bets

In related news, Director Richard W. Brissenden sold 3,275 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $18.13, for a total value of $59,375.75. Following the completion of the sale, the director directly owned 18,022 shares of the company’s stock, valued at $326,738.86. The trade was a 15.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 14.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. KBC Group NV acquired a new stake in shares of McEwen during the 1st quarter valued at approximately $27,000. Leonteq Securities AG acquired a new position in McEwen in the first quarter worth $31,000. Parkside Financial Bank & Trust bought a new stake in McEwen during the fourth quarter valued at $37,000. Banque Cantonale Vaudoise acquired a new stake in shares of McEwen during the fourth quarter worth $40,000. Finally, National Bank of Canada FI raised its holdings in shares of McEwen by 3,328.3% during the third quarter. National Bank of Canada FI now owns 3,634 shares of the basic materials company’s stock worth $62,000 after purchasing an additional 3,528 shares during the period. Institutional investors and hedge funds own 17.03% of the company’s stock.

McEwen Company Profile

McEwen Mining Inc (NYSE: MUX) is a Canada-based precious metals company focused on the exploration, development and production of gold, silver and copper. Headquartered in Toronto, the company pursues a diversified portfolio of assets across the Americas, with operations and projects spanning Argentina, Mexico, Canada and the United States. McEwen Mining employs an integrated approach that combines in-house technical expertise with strategic partnerships to advance its assets from resource definition through to commercial production.

The company’s flagship producing asset is the San José mine in Argentina, a high-grade silver-gold operation.