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McEwen Inc. (MUX) Stock Analysis

SellModerate Confidence

Basic Materials · Other Precious Metals & Mining

Earnings in 5 days (2026-05-06). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Engine safety override at $21.56: Quality below floor (3.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10 and A.R:R 2.4:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 1.46; Below-average business quality.

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... Read more

$21.56+27.4% A.UpsideScore 5.8/10#6 of 10 Other Precious Metals & Mining
Stop $20.13Target $27.58(analyst − 13%)A.R:R 2.4:1
Analyst target$31.70+47.0%5 analysts
$27.58our TP
$21.56price
$31.70mean
$35

Sell if holding. Engine safety override at $21.56: Quality below floor (3.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10 and A.R:R 2.4:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 1.46; Below-average business quality. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.8/10, moderate confidence.

Passes 5/7 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and earnings proximity 5d<=7d. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Quality below floor (3.6 < 4.0)

Key Metrics

P/E (TTM)35.6
P/E (Fwd)4.6
Mkt Cap$1.3B
EV/EBITDA72.8
Profit Mgn17.4%
ROE6.6%
Rev Growth92.8%
Beta1.28
DividendNone
Rating analysts9

Quality Signals

Piotroski F7/9

Options Flow

P/C1.46bearish
IV93%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers·1 ceiling hit

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Volume
0.0
Obv
1.0
Ma Position
4.0
Rsi
5.5
Volume distribution (falling OBV)Above 200-day MA

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
2.9
Growth Rank
5.0
Value Rank
6.0

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Roa
0.0
Operating Margin
0.0
Fcf Quality
0.0
Roe
2.2
Gross Margin
2.8
Moat
5.0
Current Ratio
6.1
Piotroski F
7.8
Net Margin
8.7
Strong margins: 17%Earnings quality RED FLAG: -46% FCF/NINo competitive moatStrong Piotroski F-Score: 7/9
GatesMomentum 2.1<4.5EARNINGS PROXIMITY 5d<=7dA.R:R 2.4 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARSuitability: Aggressive
RSI
44 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $20.00Resistance $26.33

Price Targets

$20
$28
A.Upside+27.9%
A.R:R2.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (3.6 < 4.0)
! Momentum score 2.1/10 — below 4.5 minimum
! EARNINGS_PROXIMITY:5d<=7d

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-05-06 (5d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MUX stock a buy right now?

Sell if holding. Engine safety override at $21.56: Quality below floor (3.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10 and A.R:R 2.4:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 1.46; Below-average business quality. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $20.13. Score 5.8/10, moderate confidence.

What is the MUX stock price target?

Take-profit target: $27.58 (+27.4% upside). Prior stop was $20.13. Stop-loss: $20.13.

What are the risks of investing in MUX?

Quality below floor (3.6 < 4.0).

Is MUX overvalued or undervalued?

McEwen Inc. trades at a P/E of 35.6 (forward 4.6). TrendMatrix value score: 7.7/10. Verdict: Sell.

What do analysts say about MUX?

9 analysts cover MUX with a consensus score of 4.0/5. Average price target: $32.

What does McEwen Inc. do?McEwen Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United...

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 in surface rights located in Ontario, Canada; and the Fenix project located in Mexico. It also holds a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. The company was formerly known as McEwen Mining Inc. and changed its name to McEwen Inc. in June 2025. McEwen Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.

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