McEwen Mining Inc (MUX) Announces Semiannual Dividend of $0.01

McEwen Mining Inc (NYSE:MUX) (TSE:MUX) announced a semiannual dividend on Friday, February 22nd, Wall Street Journal reports. Investors of record on Friday, March 8th will be paid a dividend of 0.005 per share by the basic materials company on Friday, March 15th. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, March 7th.

NYSE:MUX opened at $2.01 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.65 and a quick ratio of 1.25. McEwen Mining has a 1 year low of $1.62 and a 1 year high of $2.52. The firm has a market capitalization of $686.41 million, a price-to-earnings ratio of -15.46 and a beta of -0.61.

McEwen Mining (NYSE:MUX) (TSE:MUX) last released its earnings results on Thursday, February 21st. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.02). McEwen Mining had a negative return on equity of 8.53% and a negative net margin of 35.32%. The firm had revenue of $26.46 million during the quarter, compared to analysts’ expectations of $18.03 million. On average, equities research analysts predict that McEwen Mining will post 0.01 EPS for the current fiscal year.

A number of research firms have issued reports on MUX. Zacks Investment Research raised McEwen Mining from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 30th. ValuEngine downgraded McEwen Mining from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. HC Wainwright set a $4.00 target price on McEwen Mining and gave the stock a “buy” rating in a research report on Wednesday, January 16th. Finally, TheStreet downgraded McEwen Mining from a “c-” rating to a “d+” rating in a research report on Wednesday, November 21st.

TRADEMARK VIOLATION NOTICE: This piece was posted by Community Financial News and is owned by of Community Financial News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of international trademark and copyright law. The correct version of this piece can be accessed at https://www.com-unik.info/2019/02/23/mcewen-mining-inc-mux-announces-semiannual-dividend-of-0-01.html.

McEwen Mining Company Profile

McEwen Mining Inc engages in the exploration, development, production, and sale of gold and silver. The company owns 100% interests in the El Gallo 1 mine and El Gallo 2 project in the state of Sinaloa, Mexico; and the Black Fox Complex, Buffalo Ankerite, Fuller, Davidson Tisdale, and Black Fox North properties in Canada.

Read More: Net Margin

Dividend History for McEwen Mining (NYSE:MUX)

Receive News & Ratings for McEwen Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McEwen Mining and related companies with MarketBeat.com's FREE daily email newsletter.



Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit