McEwen Mining Inc
NYSE:MUX

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McEwen Mining Inc
NYSE:MUX
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Price: 8.31 USD -1.31% Market Closed
Market Cap: 439.8m USD
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Relative Value

The Relative Value of one MUX stock under the Base Case scenario is 7.88 USD. Compared to the current market price of 8.31 USD, McEwen Mining Inc is Overvalued by 5%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MUX Relative Value
Base Case
7.88 USD
Overvaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
77
vs Industry
44
Median 3Y
2.5
Median 5Y
3
Industry
1.8
Forward
2.2
vs History
17
vs Industry
25
Median 3Y
-2.9
Median 5Y
-3.2
Industry
15.8
Forward
-12.2
vs History
7
vs Industry
Median 3Y
-5.8
Median 5Y
-9.3
Industry
9.4
vs History
3
vs Industry
Median 3Y
-3.3
Median 5Y
-6
Industry
15.4
vs History
68
vs Industry
54
Median 3Y
1
Median 5Y
1
Industry
1.5
vs History
69
vs Industry
44
Median 3Y
2.4
Median 5Y
2.9
Industry
2.2
Forward
2.2
vs History
46
vs Industry
14
Median 3Y
11.2
Median 5Y
-17.6
Industry
7.4
vs History
12
vs Industry
29
Median 3Y
-2.8
Median 5Y
-5.2
Industry
10.4
Forward
56.2
vs History
12
vs Industry
27
Median 3Y
-2.2
Median 5Y
-4.3
Industry
13.1
Forward
-11.7
vs History
7
vs Industry
Median 3Y
-5
Median 5Y
-9.6
Industry
10.6
vs History
3
vs Industry
Median 3Y
-3.5
Median 5Y
-6.5
Industry
13.5
vs History
60
vs Industry
55
Median 3Y
0.7
Median 5Y
0.8
Industry
1.3

Multiples Across Competitors

MUX Competitors Multiples
McEwen Mining Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
McEwen Mining Inc
NYSE:MUX
439.8m USD 2.2 4.3 1.8 2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 15 191.9 47 280.3 26 083.2 29 932.1
ZA
Gold Fields Ltd
JSE:GFI
232.3B Zac 0 0 0 0
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
100.9B Zac 0 0 0 0
CN
Zijin Mining Group Co Ltd
SSE:601899
412B CNY 1.4 14.1 12.3 12.3
US
Newmont Corporation
NYSE:NEM
45.9B USD 2.7 -37.8 9.1 16.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
59.1B CAD 5.3 41.2 9.9 15.5
CA
Barrick Gold Corp
TSX:ABX
40.7B CAD 2.3 17.6 5.3 8.3
CA
Wheaton Precious Metals Corp
TSX:WPM
38.8B CAD 22.4 44.7 29.2 40.1
CA
Franco-Nevada Corp
TSX:FNV
32.7B CAD 21 -37.9 23.5 31.5
RU
Polyus PAO
MOEX:PLZL
1.8T RUB 3.4 7.2 6.2 7
P/E Multiple
Earnings Growth P/E to Growth
CA
McEwen Mining Inc
NYSE:MUX
Average P/E: 6 772.8
4.3
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
47 280.3
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
192%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
99%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
14.1
102%
0.1
US
Newmont Corporation
NYSE:NEM
Negative Multiple: -37.8 N/A N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
41.2
12%
3.5
CA
Barrick Gold Corp
TSX:ABX
17.6
163%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
44.7
54%
0.8
CA
Franco-Nevada Corp
TSX:FNV
Negative Multiple: -37.9 N/A N/A
RU
Polyus PAO
MOEX:PLZL
7.2
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
McEwen Mining Inc
NYSE:MUX
Average EV/EBITDA: 2 908.9
1.8
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
26 083.2
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
63%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
97%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.3
140%
0.1
US
Newmont Corporation
NYSE:NEM
9.1
247%
0
CA
Agnico Eagle Mines Ltd
TSX:AEM
9.9
54%
0.2
CA
Barrick Gold Corp
TSX:ABX
5.3
70%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
29.2
76%
0.4
CA
Franco-Nevada Corp
TSX:FNV
23.5
31%
0.8
RU
Polyus PAO
MOEX:PLZL
6.2
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
McEwen Mining Inc
NYSE:MUX
Average EV/EBIT: 3 340.6
2
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
29 932.1
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
Not Available
93%
N/A
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
Not Available
45%
N/A
CN
Zijin Mining Group Co Ltd
SSE:601899
12.3
95%
0.1
US
Newmont Corporation
NYSE:NEM
16.7
912%
0
CA
Agnico Eagle Mines Ltd
TSX:AEM
15.5
62%
0.3
CA
Barrick Gold Corp
TSX:ABX
8.3
106%
0.1
CA
Wheaton Precious Metals Corp
TSX:WPM
40.1
84%
0.5
CA
Franco-Nevada Corp
TSX:FNV
31.5
14%
2.3
RU
Polyus PAO
MOEX:PLZL
7
N/A N/A

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