In the latest report from HC Wainwright & Co., analyst Heiko Ihle has maintained the "Buy" rating for McEwen Mining (MUX, Financial). Despite this, the price target for the company's stock has been adjusted downward. The new price target stands at $15.50, down from the previous target of $18.00. This adjustment represents a 13.89% decrease.
The report was released on May 9, 2025, and reflects the latest assessments of McEwen Mining (MUX, Financial) by HC Wainwright & Co. in USD. The consistent "Buy" rating suggests that while the target price has been revised, the overall sentiment towards the stock remains positive.
Investors in McEwen Mining (MUX, Financial) should note this revised price target when making informed decisions. The lowered price target indicates a change in expectations, although the company continues to receive supportive recommendations. Stay tuned for any further updates regarding McEwen Mining (MUX) as analysts continue to monitor its performance closely.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for McEwen Mining Inc (MUX, Financial) is $15.06 with a high estimate of $18.00 and a low estimate of $12.50. The average target implies an upside of 101.91% from the current price of $7.46. More detailed estimate data can be found on the McEwen Mining Inc (MUX) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, McEwen Mining Inc's (MUX, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for McEwen Mining Inc (MUX, Financial) in one year is $9.19, suggesting a upside of 23.19% from the current price of $7.46. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the McEwen Mining Inc (MUX) Summary page.
