McEwen Mining (MUX) valuation
McEwen Mining P/E ratio history
McEwen Mining trades at 12.0 times its earnings over the last twelve months and 6.1 times the earnings analysts expect over the next twelve. At its last 3 fiscal year ends its P/E ranged from 6.4 (year to Dec 2023) to 41.6 (year to Dec 2016), with a median of 37.0.
| Fiscal year ended | Price | EPS | P/E |
|---|---|---|---|
| Dec 31, 2025 | $18.51 | $0.50 | 37.0 |
| Dec 31, 2024 | $7.78 | -$0.87 | n/m |
| Dec 31, 2023 | $7.21 | $1.13 | 6.4 |
| Dec 31, 2022 | $5.86 | -$1.71 | n/m |
| Dec 31, 2021 | $8.87 | -$1.25 | n/m |
| Dec 31, 2020 | $9.85 | -$3.80 | n/m |
| Dec 31, 2019 | $12.70 | -$1.65 | n/m |
| Dec 31, 2018 | $18.20 | -$1.33 | n/m |
| Dec 31, 2017 | $22.80 | -$0.40 | n/m |
| Dec 31, 2016 | $29.10 | $0.70 | 41.6 |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
McEwen Mining valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| McEwen MiningMUX | $838M | 12.0 | 6.1 | 3.4 |
| GoldGOLD | $1.08B | 12.6 | 10.2 | 0.0 |
| Hecla MiningHL | $9.07B | 27.6 | 16.3 | 5.7 |
| Franco-NevadaFNV | $43.4B | 29.4 | 26.7 | 18.7 |
| Wheaton Precious MetalsWPM | $52.9B | 25.9 | 24.6 | 16.7 |
| NewmontNEM | $112B | 12.4 | 10.9 | 4.2 |
| Zijin Mining GroupZIJMY | — | — | — | — |
| Peer median | 25.9 | 16.3 | 5.7 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MUX financials · MUX returns
No forecast, no recommendation. This page describes McEwen Mining from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.