Mcewen Inc. made a public disclosure
SEC 8-KRead source ↗
Mcewen Inc. is a US-listed company in the gold industry. Its financial year ends in December.
Stock price today
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Third-party market data · may be delayed
Model estimate per share
Not valued: the figures our models need are missing or failed our data-quality checks.
Price vs value
No model value: limited reported history: available models are shown without a Buy/Hold/Sell rating. How we value companies.
Mcewen Inc. valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders1 buying, 1 selling1 purchase and 1 sale by directors and officers, last 12 monthsInsider trades
- Funds95 adding, 71 cuttingOf 32 active managers that changed their stake, 11 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 34% in the quarter to 2026-06-30.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Mcewen Inc.'s latest figures clears our strength thresholds.
Things to watch
- Results due soon. Results are expected around 6 November; the share price can move sharply on the day.
- Volatile shares. Over the past year the shares showed annualised volatility of 64% and a beta of 2.7 against the S&P 500.
- Heavily shorted. 18.4% of the shares available to trade are sold short (7.5 days of average volume to cover).
- Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
Latest results
- Earnings per share
- $0.21 against an average estimate of $0.32: missed by 34.2%
- Share reaction
- +5.1% in the first session after the results on August 7, 2026, against +0.6% for the S&P 500
- Next report
- November 4, 2026; average EPS estimate $0.09
Price chart
- 1 day+0.1%
- 1 week-3.7%
- 1 month-20.8%
- This year-24.1%
- 1 year-23.3%
- 5 years+23.2%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Earnings
- Last results
- August 7, 2026
- Next results (est.)
- November 6, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Announcement
- Announcement
Mcewen Inc. made a public disclosure
SEC 8-KRead source ↗ - Leadership
Mcewen Inc. announced a director or officer change; made a public disclosure
SEC 8-KRead source ↗ - Results
Mcewen Inc. reported results
SEC 8-KRead source ↗
Valuation models
We value Mcewen Inc. as an operating company, with every model that fits that kind of business. Cost of equity 11.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.39 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: revenue and margins don't support a positive value |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Mcewen Inc. with Gold in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Forecasts and guidance
Next results: November 4, 2026, after the close. Analysts expect revenue of $56m and EPS of $0.09 (range $0.09 to $0.09) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $1.44 | +144% | $251m | +27% |
| Next | $3.17 | +120% | $354m | +41% |
Next year's EPS estimate has moved −4.5% in 90 days, across 1 analysts.
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is −32.4% on 90 days ago. In the last 30 days, 0 analysts raised Mcewen Inc.'s forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $2.13 | $3.32 |
| 60 days ago | $1.53 | $4.07 |
| 30 days ago | $1.51 | $3.98 |
| 7 days ago | $1.44 | $3.25 |
| Now | $1.44 | $3.17 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $0.32 | $0.21 | −34.2% |
| Mar 2026 | $0.39 | $0.49 | +28.4% |
| Dec 2025 | $0.13 | $0.66 | +428.0% |
| Sept 2025 | $0.28 | $0.07 | −74.9% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 18.4% of tradable shares
- Days to cover
- 7.47 at average volume
- Short interest, 1 month
- −13% to October 15, 2026
- Held by institutions
- 63% of shares
- Held by insiders
- 16.5% of shares
- Employees
- 1,981 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| MUX | −10% | −34% | +23% | +8% | +138% | −24% |
| Industry peers (median) | −29% | −17% | −12% | −9% | +201% | −25% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| MUX | 33% | 42% | 50% | 50% | 83% | 55% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| MUX | −50% | −71% | −38% | −38% | −31% | −52% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 94% from August 18, 2016 to September 27, 2022. Getting back needed a 1537% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $14.03 – $29.05
- From 52-week high
- −51.6%
- vs 50-day average
- −21.9%
- vs 200-day average
- −32.3%
- Volatility (1 year)
- 64%
- Beta vs S&P 500
- 2.73
Share price after results
- Next day
- 7 up, 5 down typical move ±8.5%
- After a week
- 6 up, 6 down typical move ±10.2%
- After a month
- 7 up, 5 down typical move ±19.5%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 7, 2026 | +5.1% | +0.6% | +3.0% | +11.0% |
| May 8, 2026 | +7.2% | +1.1% | −2.4% | −23.9% |
| March 12, 2026 | −6.6% | −2.1% | −21.3% | −5.9% |
| November 7, 2025 | +9.1% | +1.7% | +10.2% | +23.6% |
| August 8, 2025 | −2.9% | +0.6% | −5.2% | +26.3% |
| May 13, 2025 | −3.2% | +0.8% | +3.6% | +28.2% |
| March 24, 2025 | +3.7% | +2.0% | −1.3% | −0.1% |
| February 6, 2025 | −15.3% | −0.6% | −12.5% | −19.7% |
| November 8, 2024 | −10.0% | +0.5% | −9.2% | −7.8% |
| August 9, 2024 | +2.1% | +0.5% | +10.0% | +2.6% |
| March 1, 2024 | +27.2% | +0.8% | +32.2% | +75.9% |
| November 13, 2023 | +9.9% | +1.8% | +10.9% | +9.4% |
Fundamentals
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| United States Reportable | $117M | 59.1% | ▲ 11.0% |
| Canada Reportable | $76M | 38.5% | ▲ 12.1% |
| Mexico Reportable | $4.8M | 2.4% | ▲ 216.0% |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $117M | 59.1% | ▲ 11.0% |
| Canada | $76M | 38.5% | ▲ 12.1% |
| Mexico | $4.8M | 2.4% | ▲ 216.0% |
From Mcewen Inc.'s 10-K filed March 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Who owns it
Funds buying and selling- Reported value
- $627M
- Institutions reporting
- 171
- Shares held vs prior quarter
- ▲ 12.7%
- Positions opened / closed
- 40 / 25
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Blackrock, Inc. | $86.1M | 4.7M | 13.7% | ▲ 143.6% |
| State Street Corp | $77.1M | 4.3M | 12.3% | ▲ 26.5% |
| Mirae Asset Global Etfs Holdings Ltd. | $37.2M | 2.1M | 5.9% | ▼ 3.7% |
| Van Eck Associates Corp | $27.5M | 1.5M | 4.4% | ▼ 3.2% |
| Tidal Investments LLC | $26.8M | 1.5M | 4.3% | ▲ 8.7% |
| Geode Capital Management, LLC | $26M | 1.4M | 4.1% | ▲ 138.0% |
| Dimensional Fund Advisors LP | $24.7M | 1.4M | 3.9% | ▲ 7.5% |
| Two Sigma Investments, LP | $18.5M | 1.0M | 3.0% | ▼ 21.5% |
| Bank Of Montreal | $16M | 883K | 2.6% | ▲ 28.6% |
| BNP Paribas Financial Markets | $15.7M | 865K | 2.5% | ▼ 20.6% |
| Synergy Asset Management, LLC | $14.6M | 803K | 2.3% | ▲ 31.6% |
| Morgan Stanley | $13.9M | 764K | 2.2% | ▼ 9.8% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Mcewen Inc.'s complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart Insider purchases History → $18,360 1 trade by 1 insider, last 12 months Insider sales History → $59,376 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $41,016 net selling
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Brissenden Richard W. Director | June 29, 2026 | Sell | 3,275 | $18.13 | $59,376 |
| Kaszas Stephen Douglas Director | June 5, 2026 | Buy | 1,000 | $18.36 | $18,360 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around November 6, 2026 estimated from the company's past filing pattern, not announced
- August 7, 2026
- May 8, 2026
- March 12, 2026
- November 7, 2025
- August 8, 2025
- May 13, 2025
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 10-K/A 10-K/A
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Mcewen Inc. in brief
- What does Mcewen Inc. do?
- Mcewen Inc. is a US-listed company in the gold industry. Its financial year ends in December.
- What is Mcewen Inc.'s stock ticker?
- Mcewen Inc. trades under the ticker MUX on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Mcewen Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., State Street Corp and Mirae Asset Global Etfs Holdings Ltd. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Mcewen Inc. stock?
- Over the last 12 months, Mcewen Inc.'s directors and officers reported 1 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
- When is Mcewen Inc.'s next earnings date?
- Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Mcewen Inc. announces its own schedule.
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