Mcewen Mining Stock Profit Margin
| MUX Stock | CAD 13.86 0.17 1.21% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess McEwen Mining's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | (0.25) | (0.26) |
McEwen | Profit Margin |
McEwen Mining Company Profit Margin Analysis
McEwen Mining's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current McEwen Mining Profit Margin | (0.18) % |
Most of McEwen Mining's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, McEwen Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
McEwen Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for McEwen Mining is extremely important. It helps to project a fair market value of McEwen Stock properly, considering its historical fundamentals such as Profit Margin. Since McEwen Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of McEwen Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of McEwen Mining's interrelated accounts and indicators.
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In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
McEwen Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, McEwen Mining has a Profit Margin of -0.1751%. This is 97.06% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The profit margin for all Canada stocks is 86.21% lower than that of the firm.
McEwen Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses McEwen Mining's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of McEwen Mining could also be used in its relative valuation, which is a method of valuing McEwen Mining by comparing valuation metrics of similar companies.McEwen Mining is currently under evaluation in profit margin category among its peers.
McEwen Fundamentals
| Return On Equity | -0.0615 | ||||
| Return On Asset | -0.0063 | ||||
| Profit Margin | (0.18) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 818.74 M | ||||
| Shares Outstanding | 53.99 M | ||||
| Shares Owned By Insiders | 15.73 % | ||||
| Shares Owned By Institutions | 39.67 % | ||||
| Number Of Shares Shorted | 217.52 K | ||||
| Price To Earning | (132.50) X | ||||
| Price To Book | 1.13 X | ||||
| Price To Sales | 4.44 X | ||||
| Revenue | 174.48 M | ||||
| Gross Profit | 54.76 M | ||||
| EBITDA | 23.42 M | ||||
| Net Income | (43.69 M) | ||||
| Cash And Equivalents | 46.42 M | ||||
| Cash Per Share | 0.98 X | ||||
| Total Debt | 169.65 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 1.64 X | ||||
| Book Value Per Share | 8.90 X | ||||
| Cash Flow From Operations | 29.45 M | ||||
| Short Ratio | 3.71 X | ||||
| Earnings Per Share | (0.79) X | ||||
| Target Price | 21.35 | ||||
| Number Of Employees | 1.86 K | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 750.43 M | ||||
| Total Asset | 664.62 M | ||||
| Retained Earnings | (1.31 B) | ||||
| Working Capital | (6.5 M) | ||||
| Net Asset | 664.62 M |
About McEwen Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze McEwen Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of McEwen Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of McEwen Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with McEwen Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if McEwen Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in McEwen Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with McEwen Stock
| 0.91 | AG | First Majestic Silver | PairCorr |
| 0.92 | IE | Ivanhoe Energy Earnings Call Tomorrow | PairCorr |
| 0.85 | FDY | Faraday Copper Corp | PairCorr |
Moving against McEwen Stock
The ability to find closely correlated positions to McEwen Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McEwen Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back McEwen Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling McEwen Mining to buy it.
The correlation of McEwen Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as McEwen Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McEwen Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for McEwen Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in McEwen Stock, please use our How to Invest in McEwen Mining guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.