H.C. Wainwright Sticks to Their Buy Rating for McE
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Posted On: 08/12/2022 11:16:11 AM
H.C. Wainwright Sticks to Their Buy Rating for McEwen Mining MUX
Catie Powers
Aug 12, 2022, 03:15 AM
In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on McEwen Mining (MUX – Research Report), with a price target of $10.25. The company’s shares closed yesterday at $3.29.
Ihle covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, Golden Minerals Co, and Great Panther Silver. According to TipRanks, Ihle has an average return of -11.8% and a 28.79% success rate on recommended stocks.
McEwen Mining has an analyst consensus of Moderate Buy, with a price target consensus of $10.13.
See today’s best-performing stocks on TipRanks >>
Based on McEwen Mining’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $25.54 million and a GAAP net loss of $19.33 million. In comparison, last year the company earned a revenue of $23.74 million and had a GAAP net loss of $12.47 million
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McEwen Mining, Inc. is a mining and minerals production and exploration company, which focuses on base metals in Argentina, Mexico and the United States. It operates through the following geographical segments: Mexico, MSC, Nevada, Los Azules, Canada and Other. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.
https://www.tipranks.com/news/blurbs/h-c-wain...m=referral
Catie Powers
Aug 12, 2022, 03:15 AM
In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on McEwen Mining (MUX – Research Report), with a price target of $10.25. The company’s shares closed yesterday at $3.29.
Ihle covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, Golden Minerals Co, and Great Panther Silver. According to TipRanks, Ihle has an average return of -11.8% and a 28.79% success rate on recommended stocks.
McEwen Mining has an analyst consensus of Moderate Buy, with a price target consensus of $10.13.
See today’s best-performing stocks on TipRanks >>
Based on McEwen Mining’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $25.54 million and a GAAP net loss of $19.33 million. In comparison, last year the company earned a revenue of $23.74 million and had a GAAP net loss of $12.47 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
McEwen Mining, Inc. is a mining and minerals production and exploration company, which focuses on base metals in Argentina, Mexico and the United States. It operates through the following geographical segments: Mexico, MSC, Nevada, Los Azules, Canada and Other. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.
https://www.tipranks.com/news/blurbs/h-c-wain...m=referral
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