MUX
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McEwen Inc. (MUX) closed at $18.51 as of 2026-03-20, trading 96.1% above its 200-week moving average of $9.44. The stock is currently moving closer to the line, down from 147.8% last week. The 14-week RSI sits at 49, indicating neutral momentum.
Trading volume is running at 1.6x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.84 ratio) is neutral — neither side is clearly dominating.
Over the past 2345 weeks of data, MUX has crossed below its 200-week moving average 38 times. On average, these episodes lasted 34 weeks. Historically, investors who bought MUX at the start of these episodes saw an average one-year return of +38.5%.
With a market cap of $1096 million, MUX is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 6.6%. The stock trades at 1.9x book value.
Share count has increased 15.5% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in MUX would have grown to $265, compared to $2683 for the S&P 500. MUX has returned 3.0% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MUX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MUX Crosses Below the Line?
Across 26 historical episodes, buying MUX when it crossed below its 200-week moving average produced an average return of +49.8% after 12 months (median +17.0%), compared to +13.1% for the S&P 500 over the same periods. 54% of those episodes were profitable after one year. After 24 months, the average return was +111.9% vs +33.8% for the index.
Each line shows $100 invested at the moment MUX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MUX has crossed below its 200-week MA 38 times with an average 1-year return of +38.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 1981 | Nov 1982 | 79 | 59.9% | -53.6% | +98.2% |
| Dec 1982 | Dec 1982 | 2 | 8.7% | +58.1% | +188.0% |
| Jan 1984 | Jan 1984 | 4 | 9.9% | -23.2% | +112.6% |
| Jul 1984 | Mar 1985 | 36 | 27.9% | -9.0% | +93.5% |
| Jun 1985 | Jul 1985 | 8 | 17.9% | +23.2% | +105.6% |
| Sep 1985 | Sep 1985 | 2 | 4.7% | +97.1% | +105.6% |
| Oct 1985 | May 1986 | 32 | 25.7% | +82.8% | +93.5% |
| Nov 1987 | Nov 1987 | 1 | 3.1% | +9.5% | +51.5% |
| Apr 1988 | Apr 1988 | 1 | 0.1% | -9.0% | +44.4% |
| Oct 1988 | Nov 1989 | 57 | 34.3% | -28.5% | +38.4% |
| Dec 1989 | Jan 1990 | 2 | 6.0% | -89.3% | +35.4% |
| Jan 1990 | May 1992 | 121 | 97.3% | -85.8% | +30.0% |
| Mar 1993 | Mar 1993 | 1 | 18.9% | +88.0% | +296.3% |
| May 1993 | May 1993 | 1 | 16.9% | +24.8% | +296.3% |
| Jul 1993 | Nov 1993 | 18 | 13.0% | +23.7% | +256.4% |
| Dec 1993 | Jan 1994 | 3 | 9.6% | -13.6% | +350.4% |
| Sep 1994 | Oct 1994 | 8 | 14.7% | +176.4% | +350.4% |
| Nov 1994 | Feb 1995 | 15 | 29.0% | +168.0% | +296.3% |
| Jun 1997 | Jul 1997 | 3 | 1.9% | -51.9% | +134.8% |
| Jul 1997 | Aug 1997 | 1 | 6.1% | -61.5% | +143.7% |
| Oct 1997 | Apr 2001 | 184 | 85.3% | -63.0% | +134.8% |
| Oct 2002 | Oct 2002 | 1 | 6.3% | +251.9% | +633.9% |
| Aug 2004 | Sep 2004 | 7 | 20.9% | +309.6% | +281.1% |
| Oct 2004 | Aug 2005 | 42 | 37.0% | +337.5% | +312.8% |
| Nov 2007 | May 2010 | 128 | 86.8% | -72.3% | -42.2% |
| Dec 2011 | Jan 2012 | 5 | 16.2% | +0.9% | -46.3% |
| Apr 2012 | Sep 2012 | 20 | 43.6% | -42.0% | -43.4% |
| Nov 2012 | Apr 2016 | 177 | 72.8% | -39.9% | -45.2% |
| Sep 2017 | Dec 2017 | 13 | 16.4% | -8.8% | -9.4% |
| Jan 2018 | May 2018 | 14 | 9.0% | -14.7% | -11.6% |
| Jun 2018 | Jul 2018 | 1 | 2.0% | -15.0% | -10.1% |
| Aug 2018 | Oct 2018 | 8 | 12.1% | -7.9% | -2.5% |
| Oct 2018 | Mar 2024 | 281 | 75.7% | -22.8% | -12.8% |
| Aug 2024 | Aug 2024 | 1 | 1.8% | +22.3% | +121.9% |
| Sep 2024 | Sep 2024 | 1 | 0.7% | +61.4% | +120.1% |
| Nov 2024 | Dec 2024 | 3 | 0.8% | +104.9% | +119.8% |
| Dec 2024 | Jan 2025 | 3 | 5.3% | +142.5% | +132.0% |
| Jan 2025 | May 2025 | 16 | 16.5% | +193.1% | +124.6% |
| Average | 34 | — | +38.5% | — |
Frequently Asked Questions
Is MUX below its 200-week moving average?
No. McEwen Inc. (MUX) is currently 96.1% above its 200-week moving average of $9.44. It would need to fall to $9.44 to cross below the line.
What is MUX's 200-week moving average price?
McEwen Inc.'s 200-week moving average is $9.44 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MUX drops below its 200-week moving average?
MUX has crossed below its 200-week moving average 38 times in our data. On average, buying at that moment produced a one-year return of +38.5%. These dips have historically been decent entry points. These episodes lasted 34 weeks on average.
Is MUX a good value right now?
Here's what our data says about MUX as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 49. Free cash flow is currently negative. Return on equity is 6.6%. Price-to-book is 1.9x. This is not a buy or sell recommendation — always do your own research.
How does MUX compare to the S&P 500?
Over the past 33.2 years, $100 invested in MUX would have grown to $265, compared to $2683 for the S&P 500. That's 3.0% annualized vs 10.4% for the index. MUX has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20