The government of Argentina has declared a state of emergency and imposed a nationwide mandatory quarantine starting today to reduce the spread of COVID-19. As a result, our 49%-owned San José mine has temporarily halted operations effective today, through at least March 31, 2020. Work at the Los Azules copper project in Argentina is also suspended until further notice.

Q4 2019 McEwen Mining Inc Earnings Call

McEwen Mining Inc. (MUX.TO) (MUX.TO) invites you to join our conference call following the release of our Q4 and full year 2019 financial results on Tuesday, March 17th, 2020 at 2:00 p.m. EDT. Access the replay on the Company’s media page at https://www.mcewenmining.com/media. McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina.

McEwen Mining Inc. (MUX.TO) (MUX.TO) today announced that Chris Stewart has left his position as President and Chief Operating Officer of the Company. This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results.

Shares of McEwen Mining (NYSE:MUX) decreased 11% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 33.33% year over year to ($0.04), which missed the estimate of ($0.01).Revenue of $31,400,000 up by 100.77% from the same period last year, which missed the estimate of $32,020,000.Outlook Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: May 19, 2020View more earnings on MUXTime: 11:00 AMET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fpro.benzinga.com%2Fdashboard%2F&eventid=2159381&sessionid=1&key=6AC73B781B5B044A88E709622B35ACE5®Tag=&sourcepage=registerPrice Action 52-week high: $2.1452-week low: $0.53Price action over last quarter: Up 14.31%Company Overview McEwan Mining Inc is a mining and minerals production and exploration company focused on precious and base minerals in Argentina, Mexico, and the United States. The company's overall revenue is principally derived from the production of gold and silver, each comprising roughly half of total sales. The company owns and operates the wholly-owned El Gallo 1 mine in Mexico, and has a minority shareholding in the company that operates the San Jose mine in Argentina. More than half the company's gold output is produced by the El Gallo 1 mine. The remaining gold production, and majority of silver production, is produced by the San Jose mine.See more from Benzinga * 10 Basic Materials Stocks Moving In Friday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

McEwen (MUX) delivered earnings and revenue surprises of -100.00% and -0.82%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

McEwen Mining Inc.'s (NYSE:MUX): McEwen Mining Inc. engages in the exploration, development, production, and sale of...

McEwen Mining Inc. (MUX.TO) (MUX.TO) today reported its first quarter (Q1) results for the period ended March 31, 2020. A non-cash impairment charge for the Gold Bar mine of $83.8 million was recorded during Q1. The write down is necessary because a change in the geological interpretation resulted in a substantial reduction in expected gold production over the life of mine (see the Gold Bar Mine section below for further details).

McEwen Mining Inc. (MUX.TO) (MUX.TO) reminds shareholders that our Annual General Meeting (AGM) will be held virtually today at 4:00 pm Eastern Time. For investors wanting to hear an update on operations and exploration and to ask questions, we have scheduled a separate webcast following the release of our Q1 2020 Financial and Operating results.

TORONTO, March 16, 2020 -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported fourth quarter and full year results for the period ended December 31, 2019. For the full.

Penny stocks are controversial, to say the least. When it comes to these under $5 per share investment opportunities, Wall Street observers usually either love them or hate them. The penny stock-averse point out that while the bargain price tag is tempting, there could be a reason shares are trading at such low levels like poor fundamentals or insurmountable headwinds.However, the other side of the coin has merit as well. Naturally, with these cheap tickers, you get more bang for your buck in terms of the amount of shares. On top of this, other more expensive and well-known names aren’t as likely to produce the colossal gains that penny stocks are capable of.Given the nature of these investments, Wall Street analysts recommend doing some due diligence before pulling the trigger, noting that not all penny stocks are bound for greatness.With this in mind, we’ve dipped into the TipRanks database to find three penny stocks that offer a solid combination of risk and reward. With a low point of entry, and at least 30% upside potential, these stocks offer investors a chance to maximize their possible share appreciation while minimizing their initial outlay.Montage Resources Corporation (MR)We’ll start in the oil and gas sector, where Montage Resources is a small-cap player in Appalachia. The company engages in hydrocarbon exploration, production, and transport, with natural gas and crude oil operations in Pennsylvania, Ohio, and West Virginia. Montage boasts 325 actively producing wells and over 195,000 undeveloped acres.The company finished 2019 with a gangbusters quarter, seeing EPS come in at 85 cents and revenues hit $174.1 million. EPS was a whopping 608% over the forecast. Both numbers were also up significantly year-over-year, by 67% and 34% respectively. Looking ahead to the Q1 report, due out in May, MR is projected to show an EPS of 25 cents.Despite the strong finish to 2019, MR shares are down 40% in 2020. That share depreciation has brought MR down to an attractive point of entry, just $4.82 per share. It’s not often that investors will find an oil play with so low a share price. Given the industry’s ability to generate both cash and profits, even when prices are down, it points to high potential from this company.Roth Capital analyst John White agrees. He writes, “We estimate MR will generate $32 million of free cash flow in 2020… We note the bulk of this free cash flow, $20.4 million, occurs in 1Q due to robust production and much higher commodity prices versus the remaining quarters.”But cash flow isn’t the only reason to buy into Montage. White also notes that while the world’s major oil suppliers are moving to cut production and boost prices, the cuts may not last – and if they resume their crude oil price war, Montage is well-positioned to gain: “Assuming OPEC+ continues to add incremental crude oil supply into a market with declining oil demand, we think gas weighted names have a positive outlook compared to oil weighted names and MR is 81% gas…”In line with his outlook on the company, White gives MR shares a $6.50 price target implying an upside of 35%. He has also upgraded his stance on the stock, moving from Neutral to Buy. (To watch White’s track record, click here)In general, the rest of the Street has an optimistic view of MR. The stock’s Strong Buy status comes from the 4 Buy ratings and a single Hold issued in the past 3 months. The upside potential lands at 25%. (See Montage stock analysis on TipRanks)McEwen Mining (MUX)From the black gold, we’re on to the yellow variety. McEwen Mining, based in Toronto, is another small-cap company in the natural resources sector, this time mining for both gold and silver in North and South America. The company pulled 174,420 gold equivalent ounces out of the ground last year, and generated a gross profit of $9 million.In an unfortunate note, McEwen last month announced that it would scale down operations at two major mines, the Black Fox in Canada and Gold Bar in Nevada. Mexican operations would be unaffected by the scale back. The Black Fox mine was brought back to full capacity, starting on April 14. The mine scale backs coincided with the company’s withdrawal of forward guidance for 2020 production. The company cites the ongoing COVID-19 epidemic as the reason – and associated mine shut-downs at two sites in Argentina. McEwen did not issue new production guidance for the year.Gold and silver, however, remain highly sought-after commodities, and the long-term outlook for the stock remains upbeat. Heiko Ihle, writing from H. C. Wainwright, says of the stock, “While the firm previously encountered a tumultuous FY19 that involved several operational issues, we note that the problems faced in FY20 thus far are mostly out of its control. In short, we continue to believe that we are on the cusp of a bull market for gold and that the current share price represents an attractive entry point."Ihle reiterates his Buy rating on MUX shares. While he did lower the price target from $2 to $1.75, he still sees an impressive 73% upside potential here. (To watch Ihle’s track record, click here)McEwen has a unanimous analyst consensus rating, with 4 recent Buy reviews adding up to a Strong Buy. The company is a true penny stock, selling for only $1.01 per share in New York. The average price target shows the reward potential of a fundamentally sound penny stock: at $2.29, it indicates room for an incredible 127% upside for this year. (See McEwen Mining stock analysis on TipRanks)Quantum Corporation (QMCO)We’ll wrap up this list with another small-cap company, this time in the tech sector. Quantum Corp offers storage and archiving solutions for data streams, in both digital and virtual environments. The company’s products allow customers to store, preserve, and protect digital data for the long term.Digital data storage is an essential service in today’s information age, and QMCO showed that in its last fiscal third-quarter report. The company turned a profit – its second in a row – and beat the earnings forecast by a wide margin. EPS came in at 7 cents, against estimates of only 1 cent. Net income nearly doubled, rising form $4.7 million to $9 million, derived from total revenue of $103.3 million. Gross margin was the best metric reported, at 45.6%, reflecting a value approach to selling a favorable product mix.Craig Ellis, who reviewed the company for B. Riley FBR, notet: “We reflect sustained near-term business disruption in lower F1Q product sales, but then increase F2Q-4Q growth. Second, we believe relaxed F4Q loan amendments augur well for similar forward adjustments, noting MCHP (Neutral, $70 PT) recently achieved similar with key covenants. Third, we are unsurprised with logistics impacts to near-term product deliveries, an issue AMAT conveyed two weeks ago. We materially reduce near-term Product revenue but now expect a stronger snap-back beginning in F3Q20, for a v-shaped downturn and recovery for QMCO.In line with his positive assessment of the company’s status, Ellis gives QMCO a Buy rating with a $6.25 price target, suggesting a 60% growth potential for the stock. (To watch Ellis’ track record, click here)QMCO is another stock with a unanimous analyst consensus rating. The Strong Buy rating is based on 3 Buy reviews. The average price target, $5.75, indicates a premium of 47% from the current share price of $3.90. (See Quantum stock analysis at TipRanks)To find good ideas for penny stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

McEwen Mining Inc. (MUX.TO) (MUX.TO) is pleased to announce the appointment of Peter Mah, P.Eng., as Chief Operating Officer (COO) effective immediately. As a seasoned mining executive, his well-rounded experience comes from roles including Chief Operating Officer and Executive Vice President of Luna Gold, Group Executive at Newmont Mining, General Manager at the De Beers Victor Mine, Mine Manager of Newcrest’s Kencana Mine, as well as engineering roles at Goldcorp and Placer Dome. At Newmont, Peter led the early stage underground exploration study teams that defined over 15 million ounces of gold resources for development in Canada, Nevada, Ghana, New Zealand and Peru.

It's been a sad week for McEwen Mining Inc. (NYSE:MUX), who've watched their investment drop 13% to US$0.61 in the...

McEwen (MUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

McEwen Mining Inc. (MUX.TO) (MUX.TO) reports that it has fallen below the New York Stock Exchange ("NYSE") continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company's common stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was notified by the NYSE on March 24, 2020 that the average price of its common stock for the previous 30 trading days was below US$1.00 per share.

MUX earnings call for the period ending March 31, 2020.

McEwen Mining Inc. (MUX.TO) (MUX.TO) reports consolidated production for Q1 2020 was 29,177 gold ounces and 553,179 silver ounces, or 35,062 gold equivalent ounces(1) (“GEOs”), at the average gold:silver price ratio for the quarter of 94:1. In Q1, Black Fox produced 8,328 GEOs. Mining was temporarily suspended at Black Fox on March 26, 2020 for two weeks to allow time for management to evaluate and adapt to operating with the risks associated with the COVID-19 pandemic.

NEW YORK, NY / ACCESSWIRE / March 17, 2020 / McEwen Mining, Inc. (NYSE:MUX) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 17, 2020 at 2:00 PM ...

McEwen Mining Inc. (MUX.TO) (MUX.TO) reports that in order to protect the health of our workforce, their families, and the nearby communities from the spread of COVID-19, both the Black Fox and Gold Bar mines will scale down operations beginning today for a period of 14 days. Certain production and exploration activities will continue at Gold Bar in areas where social distancing can be observed, including ore crushing, irrigation of the heap leach pad, and operation of the process plant. At Black Fox, we expect to continue development activities related to the Froome access ramp.

McEwen Mining Inc. (MUX.TO) (MUX.TO) invites you to join our conference call following the release of our Q4 and full year 2019 financial results on Wednesday, March 11th, 2020 at 2:00 p.m. EDT. Access the replay on the Company’s media page at https://www.mcewenmining.com/media. McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina.