|Bid||0.0000 x 1800|
|Ask||0.0000 x 3000|
|Day's Range||0.9540 - 1.0100|
|52 Week Range||0.5300 - 2.1400|
|Beta (5Y Monthly)||0.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 19, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 07, 2019|
|1y Target Est||2.52|
McEwen (MUX) delivered earnings and revenue surprises of -100.00% and -0.82%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
McEwen Mining Inc. (MUX.TO) (MUX.TO) today reported its first quarter (Q1) results for the period ended March 31, 2020. A non-cash impairment charge for the Gold Bar mine of $83.8 million was recorded during Q1. The write down is necessary because a change in the geological interpretation resulted in a substantial reduction in expected gold production over the life of mine (see the Gold Bar Mine section below for further details).
McEwen Mining Inc. (MUX.TO) (MUX.TO) reminds shareholders that our Annual General Meeting (AGM) will be held virtually today at 4:00 pm Eastern Time. For investors wanting to hear an update on operations and exploration and to ask questions, we have scheduled a separate webcast following the release of our Q1 2020 Financial and Operating results.
McEwen (MUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
McEwen Mining Inc. (MUX.TO) (MUX.TO) reports consolidated production for Q1 2020 was 29,177 gold ounces and 553,179 silver ounces, or 35,062 gold equivalent ounces(1) (“GEOs”), at the average gold:silver price ratio for the quarter of 94:1. In Q1, Black Fox produced 8,328 GEOs. Mining was temporarily suspended at Black Fox on March 26, 2020 for two weeks to allow time for management to evaluate and adapt to operating with the risks associated with the COVID-19 pandemic.
McEwen Mining Inc. (MUX.TO) (MUX.TO) is pleased to announce the appointment of Peter Mah, P.Eng., as Chief Operating Officer (COO) effective immediately. As a seasoned mining executive, his well-rounded experience comes from roles including Chief Operating Officer and Executive Vice President of Luna Gold, Group Executive at Newmont Mining, General Manager at the De Beers Victor Mine, Mine Manager of Newcrest’s Kencana Mine, as well as engineering roles at Goldcorp and Placer Dome. At Newmont, Peter led the early stage underground exploration study teams that defined over 15 million ounces of gold resources for development in Canada, Nevada, Ghana, New Zealand and Peru.
McEwen Mining Inc. (MUX.TO) (MUX.TO) reports that it has fallen below the New York Stock Exchange ("NYSE") continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company's common stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was notified by the NYSE on March 24, 2020 that the average price of its common stock for the previous 30 trading days was below US$1.00 per share.
McEwen Mining Inc. (MUX.TO) (MUX.TO) reports that in order to protect the health of our workforce, their families, and the nearby communities from the spread of COVID-19, both the Black Fox and Gold Bar mines will scale down operations beginning today for a period of 14 days. Certain production and exploration activities will continue at Gold Bar in areas where social distancing can be observed, including ore crushing, irrigation of the heap leach pad, and operation of the process plant. At Black Fox, we expect to continue development activities related to the Froome access ramp.
The government of Argentina has declared a state of emergency and imposed a nationwide mandatory quarantine starting today to reduce the spread of COVID-19. As a result, our 49%-owned San José mine has temporarily halted operations effective today, through at least March 31, 2020. Work at the Los Azules copper project in Argentina is also suspended until further notice.
It's been a sad week for McEwen Mining Inc. (NYSE:MUX), who've watched their investment drop 13% to US$0.61 in the...
McEwen Mining Inc. (MUX.TO) (MUX.TO) today announced that Chris Stewart has left his position as President and Chief Operating Officer of the Company. This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results.
NEW YORK, NY / ACCESSWIRE / March 17, 2020 / McEwen Mining, Inc. (NYSE:MUX) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 17, 2020 at 2:00 PM ...
TORONTO, March 16, 2020 -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported fourth quarter and full year results for the period ended December 31, 2019. For the full.
McEwen Mining Inc. (MUX.TO) (MUX.TO) invites you to join our conference call following the release of our Q4 and full year 2019 financial results on Tuesday, March 17th, 2020 at 2:00 p.m. EDT. Access the replay on the Company’s media page at https://www.mcewenmining.com/media. McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina.
McEwen Mining Inc. (MUX.TO) (MUX.TO) invites you to join our conference call following the release of our Q4 and full year 2019 financial results on Wednesday, March 11th, 2020 at 2:00 p.m. EDT. Access the replay on the Company’s media page at https://www.mcewenmining.com/media. McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina.
South Zone:13.6 g/t Gold (Au) over 12.2 m29.1 g/t Au over 4.1 m4.9 g/t Au over 18.2 m147NE Zone:159.3 g/t Au over 1.6 m14.1 g/t Au over 4.5 m TORONTO, Feb. 12, 2020 -- McEwen.
TORONTO, Feb. 05, 2020 -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report additional positive drill results from the Whiskey Jack target in the Grey Fox area,.
TORONTO, Jan. 15, 2020 -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for the full year of 2019 was 134,316 gold ounces and 3,365,846 silver.
TORONTO, Dec. 13, 2019 -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join Rob McEwen, Chief Owner, and Sylvain Guerard, SVP Exploration, for a live webinar.
Significant drilling results reported: 7.7 g/t Au over 25 m (hole #106) 6.3 g/t Au over 19 m (hole #113) 4.2 g/t Au over 14.5 m (hole #112A) 19.1 g/t Au over 3 m (hole #117).
Highlights of Gibson Target Drill Results: 18.4 g/t Au over 2.4 m (0.59 opt Au over 7.9 ft) 5.6 g/t Au over 7.8 m (0.18 opt Au over 25.6 ft) 8.7 g/t Au over 4.0 m.