Earnings Outlook For McEwen Mining

McEwen Mining MUX is set to give its latest quarterly earnings report on Thursday, 2023-08-10. Here's what investors need to know before the announcement.

Analysts estimate that McEwen Mining will report an earnings per share (EPS) of $-0.74.

McEwen Mining bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at McEwen Mining's past performance and the resulting price change:

Stock Performance

Shares of McEwen Mining were trading at $7.51 as of August 08. Over the last 52-week period, shares are up 126.14%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for McEwen Mining visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.