McEwen Mining (MUX.US) Price Target 2026/2027: 75% Upside – Rating and Stock Analysis

18,60
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Price history for McEwen Mining (MUX.US) – stock price at 18.60 $, August 2026
McEwen Mining stock price – price development 2026. Updated Aug 6, 2026.
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McEwen Mining Price Target 2026: Analysts See 74% Upside

The average price target for McEwen Mining is $32.30. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 73,66% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is McEwen Mining overvalued or undervalued?

McEwen Mining is currently undervalued with a gap of 73.7% relative to the price target.


The current price is $18.60, which places McEwen Mining in the undervalued category. The stock is considered undervalued when the price is below $29.07, and overvalued when the price exceeds $35.53.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For McEwen Mining, the fair value range lies between $29.07 and $35.53.


See the full price target analysis for McEwen Mining →

Analyst Ratings for McEwen Mining stock in 2026: Buy

5 analysts cover McEwen Mining. There is broad agreement on a positive view — 100% recommend buying. The average price target is $32.30, which gives an upside of 73.7% from the current price.

Consensus: Buy (4.40/5)
Strong Buy
2 (40%)
Buy
3 (60%)
Strong Sell Sell Hold Buy Strong Buy
4.40 out of 5 based on 5 analysts

About McEwen Mining – Andet metal & minedrift

McEwen Mining Inc. driver minedrift og leder efter guld- og sølvforekomster. De tjener primært penge på at udvinde ædelmetaller, men de søger også efter kobber. Virksomheden ejer og driver flere miner, som Gold Bar i Nevada og Black Fox i Canada. Derudover har McEwen Mining projekter i Mexico og Argentina, hvor de blandt andet udvikler kobberforekomsten Los Azules. De har også en stor andel i San José-minen i Argentina. McEwen Mining har eksisteret siden 1979 og opererer i fire lande. De skiftede navn til McEwen Mining Inc. i 2012, efter de tidligere hed US Gold Corporation. Read more about the company

Key Figures for McEwen Mining

$ 983M Market cap
$ 236M Revenue
Andet metal & minedrift Industry
15.06 P/E
4.73 P/S
1.58 P/B
USA Listed on exchange

What kind of stock is McEwen Mining?

Value stock

McEwen Mining is classified as a value stock with a value score in the top 27% of all stocks. The P/E ratio of 15.1 points to an attractive valuation.

Score Overview for McEwen Mining

💰 Value Score 73/100 (High)
⭐ Quality Score 43/100 (Neutral)
🚀 Momentum Score 29/100 (Low)
📊 Total Score 48/100

⚠️ 2 red flags identified 2 critical

Our analysis has identified 2 potential risk factors in McEwen Mining that investors should be aware of.

🚨 Weak balance sheet (elevated risk): Altman Z2 is -0.68 – the balance sheet is measurably weaker than average. This is a risk signal based on the numbers, not a bankruptcy prediction.
🚨 High short interest: 23.9% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

McEwen Mining trades at a P/E ratio of 15.1, which is close to the market average. The forward P/E is 11.8 (22% lower), which suggests the market expects rising earnings. The P/S ratio is 4.7. The P/B ratio is 1.6.

💵 Profitability & Growth

McEwen Mining has a profit margin of 31.4% (excellent) and an operating margin of 14.7%. Return on equity (ROE) is 13.1% — solid return on equity.

🏦 Financial Health

The Piotroski score is 4 out of 9 — average financial health. Altman Z2 is -0.68 (weak balance sheet — elevated risk). The debt-to-equity ratio (D/E) is 34.3% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 23.87% — very high, the market is skeptical.

Insider Trading in McEwen Mining 2026: The Signal Is mostly negative

In 2026, insiders at McEwen Mining have made 20 transactions – split into 8 purchases and 12 sales. On a net basis, insiders took 11,169,610 $ out of the stock. Active insiders include Kaszas Stephen Douglas, McEwen Robert Ross, Brissenden Richard W. and others. In the short term (last 3 months), the insider signal is mostly negative.

Short-Term Signal (3 months): Mostly negative

Insiders have sold more than they have bought over the last 3 months.

Over the last 3 months: 1 purchases and 1 sales. A net 132,717 $ out of the stock.

Long-Term Signal (all transactions): Mostly negative

Insiders have sold considerably more than they have bought. At large companies this can be due to planned sales (10b5-1 plans) and is not necessarily a negative signal.

Across the last 20 transactions: 8 purchases and 12 sales. A net 11,169,610 $ out of the stock.

Latest purchase: Kaszas Stephen Douglas bought 1,000 shares at 18 $ each on 2026-06-05. The stock has since risen 7.4%.

Latest sale: Brissenden Richard W. sold 8,333 shares at 18 $ each on 2026-06-29.

Who is buying: Kaszas Stephen Douglas, McEwen Robert Ross, Brissenden Richard W., Spears Stephan Michael, Shaver William M and others.

Who is selling: Brissenden Richard W., Richard W Brissenden, Jeffrey Chan, Chan Jeffrey, Stephan Michael Spears and others.

Latest Insider Trades in McEwen Mining (2026)

The table shows the last 20 reported insider transactions in McEwen Mining. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-06-29 Brissenden Richard W. Sell 8,333 18 151,077
2026-06-05 Kaszas Stephen Douglas Buy 1,000 18 18,360
2025-09-22 Richard W Brissenden Sell 11,203 15 166,813
2025-09-22 Jeffrey Chan Sell 13,333 15 198,528
2025-09-22 Chan Jeffrey Sell 13,333 15 198,528
2025-09-22 Brissenden Richard W. Sell 7,500 15 111,600
2025-09-19 Stephan Michael Spears Sell 12,600 14 180,810
2025-09-19 Spears Stephan Michael Sell 12,600 14 180,810
2025-09-19 Robert Ross Mcewen Sell 50,000 14 717,500
2025-09-19 McEwen Robert Ross Sell 500,000 14 7,175,000

Who is buying and selling McEwen Mining shares in 2026?

The following insiders have bought shares in McEwen Mining: Kaszas Stephen Douglas, McEwen Robert Ross, Brissenden Richard W., Spears Stephan Michael, Shaver William M and others. In total, 978,180 $ was bought across 8 transactions. The following insiders have sold shares: Brissenden Richard W., Richard W Brissenden, Jeffrey Chan, Chan Jeffrey, Stephan Michael Spears and others. In total, 12,147,790 $ was sold across 12 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

McEwen Mining Short Selling 2026: 23.9% Sold Short

Extremely shorted: 23.9% of the free float
Short % of free float
23.9%
Assessment
Extremely shorted
Short squeeze risk
Very High
Data source
SEC
Updated daily
The stock has an extremely high share of short selling. More than 20% of the freely traded shares are sold short, which is unusual and can point to great skepticism among institutional investors. The risk of a short squeeze on positive news is considerable.

What does this mean for you as an investor?
A short interest of 23.9% means that 23.9% of the freely traded shares in McEwen Mining have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
23.9%

When Does McEwen Mining Report Earnings?

The next earnings date for McEwen Mining is not yet available. Check the company's investor calendar for more information.



Technical Analysis of McEwen Mining 2026 – Signal: Sell

Overall Technical Signal: Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of McEwen Mining (MUX.US) – RSI 62, MACD negative (bearish), daily candlestick chart August 2026
McEwen Mining technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of McEwen Mining Inc

McEwen Mining Inc is in a short-term uptrend. The price of $19.71 is 12.2% above the 20-day average ($17.56). Medium term, the picture is positive: the price is 6.0% above the 50-day average ($18.59). Long term, the stock is 6.0% below the 200-day average ($20.97), which signals a long-term downtrend.

Death Cross: The 50-day average (18.59) is below the 200-day average (20.97), which is a classic bearish signal for McEwen Mining Inc.

Is McEwen Mining Inc overbought or oversold?

McEwen Mining Inc has an RSI of 61.6. The stock shows positive momentum in the upper part of the neutral zone.

MACD Analysis for McEwen Mining Inc

Daily MACD: MACD is negative (-0.048), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is above the signal line (-0.365) by 0.317, which suggests the negative momentum is fading – a potential trend reversal could be ahead.

Weekly MACD: MACD5 is negative (-0.820), which indicates a broader bearish long-term trend. MACD5 is below the signal line (-0.133) by 0.687, which confirms continued negative long-term momentum.

Overall MACD assessment: Both the daily and weekly trend are bearish (MACD negative). However, momentum shows signs of improving on a daily basis – a potential trend reversal could be ahead, but it is not confirmed yet.

Risk Profile for McEwen Mining Inc

McEwen Mining Inc has an annual standard deviation of 68.1%, which classifies the stock as high risk. Sizeable price swings are normal, and the stock requires a higher risk tolerance.

Overall Technical Conclusion for McEwen Mining Inc

Trend: Neutral/mixed.

MACD trend (zero line): Daily bearish (-0.048). Weekly bearish (-0.820).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 61.6 – neutral.

Technical signal: Sell

The trend is negative and MACD is below the zero line, which confirms the bearish momentum. Consider reducing the position or setting a stop-loss.

Frequently Asked Questions About McEwen Mining stock in 2026

Should you buy McEwen Mining stock now?
No, the technical signal for McEwen Mining is currently SELL. McEwen Mining trades at $18.60 as of 8/6/2026. The overall technical signal is: Sell. The technical analysis shows the following: MACD is negative (bearish trend) at -0.048 with rising momentum (signal: -0.365); RSI is at 61.6 (neutral zone); the stock is in a short-term uptrend (price above the 20-day average); the analyst price target of $32.30 points to 73.7% upside. This is a technical observation based on current data, not investment advice.
What is the price target for McEwen Mining stock?
The average analyst price target for McEwen Mining is $32.30. The current price is $18.60, which gives an upside of 73.7%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $29.07 and $35.53.
Is McEwen Mining a dividend stock?
No, McEwen Mining does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of McEwen Mining stock?
McEwen Mining is rated as a stock with high risk. the annual standard deviation is 68.1%, which classifies the stock as high risk.
Is McEwen Mining overvalued?
No, McEwen Mining is considered undervalued based on the analyst price target (73.7% upside). McEwen Mining has the following valuation ratios: a P/E ratio of 15.1 (moderately valued), a P/S ratio of 4.7, a P/B ratio of 1.6. The analyst price target suggests that the stock is undervalued by 73.7%.
Is McEwen Mining overbought?
No, McEwen Mining is not overbought. RSI is at 61.6 (neutral zone). The technical indicators show: RSI is at 61.6 (upper neutral zone), which shows positive momentum but is not yet overbought. In addition, the price is 5.9% above the 20-day average (short-term uptrend). In addition, MACD is negative, but momentum is rising (possible trend reversal).
When is the next McEwen Mining earnings report?
The date of the next earnings report for McEwen Mining has not been published yet. Check the company's investor calendar for updates.
Is McEwen Mining shorted?
Yes, McEwen Mining is shorted with 23.9% of the free float sold short. This is an extremely high level of short selling, which points to great skepticism among institutional investors. The risk of a short squeeze on positive news or earnings is very high. Data is updated daily based on official filings with the SEC.
Are insiders buying McEwen Mining stock?
No, insiders are not buying McEwen Mining shares – they are net sellers. Over the last 3 months, insiders have made 1 purchases and 1 sales. On a net basis, 132,717 $ worth of shares were sold. Across the last 20 reported transactions, the split is 8 purchases and 12 sales, with a net 11,169,610 $ sold. Active sellers include Brissenden Richard W., Richard W Brissenden, Jeffrey Chan and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is McEwen Mining a good stock?
Based on our total score, McEwen Mining is rated as a mediocre stock with a total score of 48 out of 100. The stock scores around average on value, quality and momentum – it sits near the median in our database. The score is made up of Value: 73/100, Quality: 43/100, Momentum: 29/100. In addition: analysts see 73.7% upside to the price target; technical signal: Sell. Whether McEwen Mining is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for McEwen Mining stock?
The outlook for McEwen Mining based on current data: the average analyst price target is $32.30 (+73.7%); the P/E ratio is 15.1 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is McEwen Mining stock rising?
McEwen Mining is rising right now. The technical indicators show: the price is 5.9% above the 20-day average; short interest is 23.9% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can McEwen Mining go?
The average analyst price target for McEwen Mining is $32.30, which corresponds to a potential gain of 73.7% from the current price of $18.60. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can McEwen Mining fall?
We lack enough history to give a specific floor for McEwen Mining. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does McEwen Mining do?
McEwen Mining Inc. driver minedrift og leder efter guld- og sølvforekomster. De tjener primært penge på at udvinde ædelmetaller, men de søger også efter kobber. Virksomheden ejer og driver flere miner, som Gold Bar i Nevada og Black Fox i Canada. Derudover har McEwen Mining pr... The company belongs to the Materialer sector, more specifically the Andet metal & minedrift industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate McEwen Mining as an investment.
Did McEwen Mining raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from McEwen Mining. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is McEwen Mining making money or losing money?
Yes, McEwen Mining is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 31.4% — which is excellent. The operating margin (profit before interest and taxes) is 14.7%. At a P/E ratio of 15.1, you currently pay 15.1 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can McEwen Mining go bankrupt?
The bankruptcy risk of McEwen Mining is rated as elevated. Altman Z2 (a model for assessing financial distress) is -0.68 — that places the company in the weak zone. This is a probability based on the numbers, not a verdict — bankruptcy is not imminent. But the balance sheet is measurably weaker than average, so watch the debt, liquidity and possible capital raises. The Piotroski score (financial health 0-9, higher is better) is 4 — which is average. Debt relative to equity is 34% (low). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does McEwen Mining have a lot of debt?
No, McEwen Mining has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 34%. For the materialer sector, anything below 80% counts as low debt. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.