Roth Capital Has Weak Outlook for McEwen Mining Q3 Earnings

McEwen Mining Inc (TSE:MUX) (NYSE:MUX) – Analysts at Roth Capital reduced their Q3 2026 EPS estimates for shares of McEwen Mining in a research note issued to investors on Friday, November 7th. Roth Capital analyst J. Reagor now expects that the company will earn $0.01 per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for McEwen Mining’s current full-year earnings is $0.07 per share.

Separately, Canaccord Genuity Group upgraded McEwen Mining to a “strong-buy” rating in a research note on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, McEwen Mining currently has a consensus rating of “Strong Buy” and an average target price of C$20.00.

McEwen Mining Stock Performance

TSE MUX opened at C$22.48 on Monday. The firm’s fifty day moving average price is C$23.45 and its two-hundred day moving average price is C$16.74. The stock has a market cap of C$1.22 billion, a PE ratio of -89.92 and a beta of 1.77. McEwen Mining has a fifty-two week low of C$9.13 and a fifty-two week high of C$34.92. The company has a debt-to-equity ratio of 8.46, a quick ratio of 1.00 and a current ratio of 1.17.

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.