MUX — McEwen Mining Inc.

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates MUX Bullish with a Setup Score of 19, net conviction 49, actionability 7. How the Setup Score works →

Total Setup Score19
Directional BiasBullish
Net Conviction49
Actionability7 (in range)

Key signals behind this score

About McEwen Mining Inc.

McEwen Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. It also explores for copper deposits. The company owns 100% interests in the Gold Bar gold mine located in Nevada; the Fox Complex that consists of 132 parcels, including patents and leases, and 163 unpatented mining claims totaling 28 square miles in mining rights, as well as 13 square miles i… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$21.45
Market Cap$1.24B
Float51.3M
Shares Outstanding61.4M
P/E (Forward)18.42
P/E (TTM)16.09
Price/Sales (TTM)4.87
vs. Analyst Target+44.5% to analyst PT
Profit Margin32.46%
Operating Margin (TTM)-5.92%
Revenue (TTM)$248M
Earnings Growth (YoY)156.00%
Dividend RateNone
Analyst Target Price$31.00 (5 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $105M -$152M -$26.9M -$123M
2021 $137M -$56.7M -$6.5M -$32.7M
2022 $110M -$81.1M -$544,000 -$78.7M
2023 $166M $55.3M $17.8M -$73.9M
2024 $174M -$43.7M $30.9M $18.2M
2025 $198M $34.4M $21.7M $45.0M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $50.5M -$462,000
Dec 2025 $64.6M $38.1M
Mar 2026 $74.0M $33.4M
Jun 2026 N/A $5.8M

Ownership & Float

Insider Ownership16.5%
Institutional Ownership63.4%
Short Float23.9%
% of All Funds Holding1.96%
Number of Funds Holding172

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$18.58Near-term / short-term trend
Weekly40-Week SMA$21.21Medium-term trend
Weekly80-Week SMA$16.22Cyclical trend (business cycle)
Weekly200-Week SMA$11.32Secular trend (multi-year)
Monthly10-Month SMA$21.05Near-term monthly trend
Monthly20-Month SMA$15.79Medium-term monthly trend
Monthly40-Month SMA$12.10Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$12.60 support 2.02x 10 months ago
$8.30 support 1.13x 13 months ago

Historical Earnings Reactions (76 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.01% -0.27% 46.05% 5.96% -13.29%
1 Day -0.42% -0.55% 40.79% 14.01% -15.27%
1 Week 0.01% -0.67% 46.05% 29.76% -34.09%
2 Weeks 0.57% 0.00% 48.68% 48.57% -49.62%
1 Month 2.54% -0.82% 49.33% 59.85% -46.97%

Next earnings: October 26, 2026 (61 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan15.5%52.2%46
Feb2.2%34.8%46
Mar5.7%52.2%46
Apr4.6%47.8%46
May5.0%54.3%46
Jun-0.0%31.9%47
Jul-0.6%38.3%47
Aug4.4%32.6%46
Sep2.1%43.5%46
Oct-2.9%43.5%46
Nov1.9%41.3%46
Dec0.9%41.3%46

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.24% 35.2% 2206
Tuesday 0.10% 34.9% 2393
Wednesday 0.13% 35.2% 2391
Thursday 0.30% 37.6% 2346
Friday 0.45% 37.7% 2331

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 63.4%

Insider Transactions — Smart Summary

Total insider ownership: 16.5%

Founder-led management: Rob McEwen (Chairman, CEO, President & Chief Owner)

12-Month Insider Activity Summary

Total Filings7
Net Value-$1.2M
Net Shares Change11,479
% of Float0.0%
C-Suite Filings4
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
McEwen Robert Ross Chairman and CEO -$654,835 1 1 sell
Diges Carmen L General Counsel/Corp Sec -$274,986.6 1 1 sell
Spears Stephan Michael VP Corporate Development -$165,030.363 1 1 sell
Chan Jeffrey VP - Finance -$103,861.403 1 1 sell
Brissenden Richard W. -$98,432.097 2 2 sell
Kaszas Stephen Douglas +$18,360 1 1 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-09-24 – 2025-09-29 4 4 -$1.1M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-09 Kaszas Stephen Douglas +$18,360 Transaction at $18.36, now +16.8%
2026-07-01 Brissenden Richard W. -$207.848 Transaction at $12.61, now +70.0%
2025-09-24 Brissenden Richard W. -$98,224.25 Transaction at $9.61, now +123.3%
2025-11-19 Spears Stephan Michael VP Corporate Development -$165,030.363 Transaction at $7.76, now +176.3%
2025-09-29 McEwen Robert Ross Chairman and CEO -$654,835 Transaction at $7.80, now +175.1%
2025-09-29 Diges Carmen L General Counsel/Corp Sec -$274,986.6 Transaction at $7.80, now +175.1%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for McEwen Mining Inc. (MUX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for MUX on Trend Edge →