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.
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.
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