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Roth MKM Keeps Their Buy Rating on McEwen Mining (MUX)
Roth MKM analyst Joseph Reagor reiterated a Buy rating on McEwen Mining yesterday and set a price target of $35.00.
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According to TipRanks, Reagor is a 5-star analyst with an average return of 26.4% and a 50.91% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, Coeur Mining, and McEwen Mining.
McEwen Mining has an analyst consensus of Strong Buy, with a price target consensus of $31.38.
Based on McEwen Mining’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $74.05 million and a net profit of $33.38 million. In comparison, last year the company earned a revenue of $35.7 million and had a GAAP net loss of $6.27 million
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