McEwen Mining (MUX) Scheduled to Post Quarterly Earnings on Thursday

McEwen Mining (TSE:MUX) (NYSE:MUX) is set to issue its quarterly earnings data before the market opens on Thursday, August 8th. Analysts expect the company to announce earnings of C($0.30) per share for the quarter.

McEwen Mining (TSE:MUX) (NYSE:MUX) last posted its quarterly earnings data on Wednesday, May 8th. The company reported C($0.55) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.51). McEwen Mining had a return on equity of 9.96% and a net margin of 45.16%. The firm had revenue of C$55.58 million for the quarter, compared to the consensus estimate of C$54.05 million.

McEwen Mining Stock Down 4.9 %

Shares of MUX opened at C$11.33 on Wednesday. McEwen Mining has a one year low of C$8.05 and a one year high of C$17.08. The company has a market cap of C$559.82 million, a P/E ratio of 4.99 and a beta of 1.48. The company has a debt-to-equity ratio of 8.64, a current ratio of 1.37 and a quick ratio of 1.00. The firm has a 50 day simple moving average of C$13.59 and a two-hundred day simple moving average of C$12.86.

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.