Critical Survey: McEwen Mining (MUX) & its Competitors
McEwen Mining (NYSE: MUX) is one of 103 publicly-traded companies in the “Integrated Mining” industry, but how does it compare to its competitors? We will compare McEwen Mining to related businesses based off the strength of its profitability, institutional ownership, risk, earnings, analyst recommendations, valuation and dividends.
Institutional & Insider Ownership
29.3% of McEwen Mining shares are held by institutional investors. Comparatively, 37.3% of shares of all “Integrated Mining” companies are held by institutional investors. 26.6% of McEwen Mining shares are held by company insiders. Comparatively, 12.1% of shares of all “Integrated Mining” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
McEwen Mining pays an annual dividend of $0.01 per share and has a dividend yield of 0.4%. McEwen Mining pays out -50.0% of its earnings in the form of a dividend. As a group, “Integrated Mining” companies pay a dividend yield of 2.9% and pay out 43.6% of their earnings in the form of a dividend.
Earnings & Valuation
This table compares McEwen Mining and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|McEwen Mining||$54.53 million||-$11.30 million||-141.50|
|McEwen Mining Competitors||$6.80 billion||$2.78 billion||-19.05|
McEwen Mining’s competitors have higher revenue and earnings than McEwen Mining. McEwen Mining is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently the more affordable than other companies in its industry.
Risk & Volatility
McEwen Mining has a beta of -1.32, suggesting that its stock price is 232% less volatile than the S&P 500. Comparatively, McEwen Mining’s competitors have a beta of 0.81, suggesting that their average stock price is 20% less volatile than the S&P 500.
This is a breakdown of current ratings and target prices for McEwen Mining and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|McEwen Mining Competitors||915||2945||3017||82||2.33|
McEwen Mining currently has a consensus target price of $5.00, indicating a potential upside of 76.68%. All “Integrated Mining” companies have a potential upside of 0.71%. Given McEwen Mining’s stronger consensus rating and higher possible upside, equities research analysts clearly believe McEwen Mining is more favorable than its competitors.
This table compares McEwen Mining and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|McEwen Mining Competitors||-15,080.23%||-3.16%||-2.52%|
McEwen Mining beats its competitors on 8 of the 14 factors compared.
McEwen Mining Company Profile
McEwen Mining Inc. is a mining and minerals production and exploration company. The Company is focused on precious and base metals in Argentina, Mexico and the United States. The Company’s segments include Mexico, Minera Santa Cruz S.A. (MSC), Nevada and Los Azules. The Mexico Operations segment includes properties, such as El Gallo 1 mine and the El Gallo 2 project. The MSC segment includes properties, such as the San Jose mine and other concessions located around the mine. The Company’s properties in Nevada segment include Gold Bar project and exploration properties. The Gold Bar project is a proposed mine project. The Los Azules segment includes various properties, such as Los Azules project, Chonchones project, Laganoso project, La Cerrada project and Other Argentina properties. The Los Azules copper project is an advanced-stage porphyry copper exploration project located in the cordilleran region of San Juan Province, Argentina near the border with Chile.
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