MUX McEwen Mining PE ratio, current and historical analysis
As of Feb 4, 2025, the MUX stock has a PE ratio of 3.94. The calculation is based on the latest EPS of $2.2 and the stock price of $8.66 per share. A decrease of 26% has been observed in the PE ratio compared to its average of 5.3 of the last four quarters.
MUX PE ratio history
The mean historical PE ratio of McEwen Mining over the last nine years is 77.2. The current 3.94 P/E ratio is 95% lower than the historical average. Looking back at the last nine years, MUX's PE ratio peaked in the Mar 2017 quarter at 304, with a price of $30.4 and an EPS of $0.1. The Sep 2024 quarter marked the lowest point at 4.23, with a price of $9.3 and an EPS of $2.2.
McEwen Mining PE ratio by year
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 6.22 | N/A | $7.21 | $1.16 |
| 2022 | N/A | N/A | $5.86 | -$1.71 |
| 2021 | N/A | N/A | $8.87 | -$1.25 |
| 2020 | N/A | N/A | $9.85 | -$3.78 |
| 2019 | N/A | N/A | $12.7 | -$1.7 |
| 2018 | N/A | N/A | $18.2 | -$1.3 |
| 2017 | N/A | N/A | $22.8 | -$0.3 |
| 2016 | 41.57 | N/A | $29.1 | $0.7 |
| 2015 | N/A | N/A | $10.6 | -$0.7 |
| 2014 | N/A | N/A | $11.1 | -$10.5 |
| 2013 | N/A | N/A | $19.6 | -$5 |
| 2012 | N/A | N/A | $38.3 | -$2.6 |
| 2011 | N/A | N/A | $33.6 | -$4.2 |
| 2010 | N/A | N/A | $80.7 | -$2.5 |
| 2009 | N/A | N/A | $24.8 | -$2.5 |
McEwen Mining PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 4.23 | -14.72% | $9.3 | $2.2 |
| Jun 2024 | 4.96 | -17.06% | $9.18 | $1.85 |
| Mar 2024 | 5.98 | -3.86% | $9.86 | $1.65 |
| Dec 2023 | 6.22 | N/A | $7.21 | $1.16 |
| Sep 2023 | N/A | N/A | $6.5 | -$2.54 |
| Jun 2023 | N/A | N/A | $7.19 | -$2.37 |
| Mar 2023 | N/A | N/A | $8.47 | -$2.17 |
| Dec 2022 | N/A | N/A | $5.86 | -$1.71 |
| Sep 2022 | N/A | N/A | $3.26 | -$1.39 |
| Jun 2022 | N/A | N/A | $4.39 | -$1.55 |
| Mar 2022 | N/A | N/A | $8.42 | -$1.42 |
| Dec 2021 | N/A | N/A | $8.87 | -$1.25 |
| Sep 2021 | N/A | N/A | $10.4 | -$1.39 |
| Jun 2021 | N/A | N/A | $13.8 | -$1.21 |
| Mar 2021 | N/A | N/A | $10.4 | -$1.58 |
MUX average PE ratio chart
Currently, MUX's PE ratio is lower than its 10-year average.
MUX PE vs peers
In comparison to its peer stock EGO, MUX's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MUX McEwen Mining Inc | 3.94 | $458.33M |
| EGO Eldorado Gold Corp. | 11.25 | $3.18B |
| GORO Gold Resource Corp | N/A | $32.24M |
| HL Hecla Mining Co | N/A | $3.75B |
| PAAS Pan American Silver Corp | N/A | $8.78B |
Frequently asked questions
What is McEwen Mining's PE ratio?
MUX stock has a price to earnings ratio of 3.94 as of Feb 4, 2025.
What is the highest PE ratio for MUX?
Over the last nine years, the quarterly PE ratio reached its highest level at 304 in the Mar 2017 quarter.
How does the current PE ratio for MUX compare to its historical average?
MUX's current price to earnings ratio is 95% below its 9-year historical average.
Why is McEwen Mining's PE ratio so low?
MUX's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 3.94 is considered low.
How is MUX's PE ratio calculated (McEwen Mining PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 4, 2025), McEwen Mining's share price is $8.66. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.2. Therefore, McEwen Mining's PE ratio for today is 3.94. PE RATIO(3.94) = STOCK PRICE($8.66) / TTM EPS($2.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.