Other Precious Metals
Compare Stocks
2 / 10Stock Comparison
MUX vs CDE
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
MUX vs CDE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Other Precious Metals | Gold |
| Market Cap | $1.39B | $11.63B |
| Revenue (TTM) | $162M | $2.57B |
| Net Income (TTM) | $74M | $799M |
| Gross Margin | 32.9% | 35.4% |
| Operating Margin | 22.2% | 39.4% |
| Forward P/E | 22.2x | 9.1x |
| Total Debt | $926K | $365M |
| Cash & Equiv. | $51M | $554M |
MUX vs CDE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| McEwen Mining Inc. (MUX) | 100 | 258.6 | +158.6% |
| Coeur Mining, Inc. (CDE) | 100 | 315.0 | +215.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MUX vs CDE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MUX is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 0 yrs, beta 1.27, yield 0.2%
- Lower volatility, beta 1.27, Low D/E 0.2%, current ratio 1.69x
- Beta 1.27, yield 0.2%, current ratio 1.69x
CDE carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 96.4%, EPS growth 5.0%, 3Y rev CAGR 38.1%
- 149.9% 10Y total return vs MUX's -0.1%
- 96.4% revenue growth vs MUX's 13.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 96.4% revenue growth vs MUX's 13.2% | |
| Value | Lower P/E (9.1x vs 22.2x) | |
| Quality / Margins | 45.7% margin vs CDE's 31.1% | |
| Stability / Safety | Beta 1.27 vs CDE's 1.81, lower leverage | |
| Dividends | 0.2% yield; the other pay no meaningful dividend | |
| Momentum (1Y) | +216.1% vs MUX's +198.5% | |
| Efficiency (ROA) | 11.2% ROA vs MUX's 9.0%, ROIC 23.5% vs -1.9% |
MUX vs CDE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
MUX vs CDE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CDE leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CDE is the larger business by revenue, generating $2.6B annually — 15.9x MUX's $162M. MUX is the more profitable business, keeping 45.7% of every revenue dollar as net income compared to CDE's 31.1%. On growth, CDE holds the edge at +137.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $162M | $2.6B |
| EBITDAEarnings before interest/tax | $61M | $1.2B |
| Net IncomeAfter-tax profit | $74M | $799M |
| Free Cash FlowCash after capex | -$24M | $915M |
| Gross MarginGross profit ÷ Revenue | +32.9% | +35.4% |
| Operating MarginEBIT ÷ Revenue | +22.2% | +39.4% |
| Net MarginNet income ÷ Revenue | +45.7% | +31.1% |
| FCF MarginFCF ÷ Revenue | -14.7% | +35.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | -100.0% | +137.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +4.9% | +4.9% |
Valuation Metrics
CDE leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
At 20.1x trailing earnings, CDE trades at a 49% valuation discount to MUX's 39.6x P/E. On an enterprise value basis, CDE's 11.2x EV/EBITDA is more attractive than MUX's 74.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.4B | $11.6B |
| Enterprise ValueMkt cap + debt − cash | $1.3B | $11.4B |
| Trailing P/EPrice ÷ TTM EPS | 39.61x | 20.13x |
| Forward P/EPrice ÷ next-FY EPS est. | 22.21x | 9.10x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.39x |
| EV / EBITDAEnterprise value multiple | 74.65x | 11.19x |
| Price / SalesMarket cap ÷ Revenue | 7.03x | 5.62x |
| Price / BookPrice ÷ Book value/share | 2.31x | 3.56x |
| Price / FCFMarket cap ÷ FCF | — | 17.48x |
Profitability & Efficiency
CDE leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
CDE delivers a 15.2% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $14 for MUX. MUX carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to CDE's 0.11x. On the Piotroski fundamental quality scale (0–9), CDE scores 6/9 vs MUX's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +13.6% | +15.2% |
| ROA (TTM)Return on assets | +9.0% | +11.2% |
| ROICReturn on invested capital | -1.9% | +23.5% |
| ROCEReturn on capital employed | -1.9% | +23.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.00x | 0.11x |
| Net DebtTotal debt minus cash | -$50M | -$188M |
| Cash & Equiv.Liquid assets | $51M | $554M |
| Total DebtShort + long-term debt | $926,000 | $365M |
| Interest CoverageEBIT ÷ Interest expense | -1.52x | 47.33x |
Total Returns (Dividends Reinvested)
CDE leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CDE five years ago would be worth $19,605 today (with dividends reinvested), compared to $17,977 for MUX. Over the past 12 months, CDE leads with a +216.1% total return vs MUX's +198.5%. The 3-year compound annual growth rate (CAGR) favors CDE at 72.6% vs MUX's 38.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +25.1% | +3.2% |
| 1-Year ReturnPast 12 months | +198.5% | +216.1% |
| 3-Year ReturnCumulative with dividends | +163.5% | +414.6% |
| 5-Year ReturnCumulative with dividends | +79.8% | +96.0% |
| 10-Year ReturnCumulative with dividends | -0.1% | +149.9% |
| CAGR (3Y)Annualised 3-year return | +38.1% | +72.6% |
Risk & Volatility
MUX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MUX is the less volatile stock with a 1.27 beta — it tends to amplify market swings less than CDE's 1.81 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MUX currently trades 78.7% from its 52-week high vs CDE's 65.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.27x | 1.81x |
| 52-Week HighHighest price in past year | $29.70 | $27.77 |
| 52-Week LowLowest price in past year | $6.88 | $5.55 |
| % of 52W HighCurrent price vs 52-week peak | +78.7% | +65.2% |
| RSI (14)Momentum oscillator 0–100 | 51.0 | 49.3 |
| Avg Volume (50D)Average daily shares traded | 992K | 22.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates MUX as "Buy" and CDE as "Buy". Consensus price targets imply 60.1% upside for CDE (target: $29) vs 28.4% for MUX (target: $30). MUX is the only dividend payer here at 0.18% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $30.00 | $29.00 |
| # AnalystsCovering analysts | 7 | 21 |
| Dividend YieldAnnual dividend ÷ price | +0.2% | — |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $0.04 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% |
CDE leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). MUX leads in 1 (Risk & Volatility).
MUX vs CDE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MUX or CDE a better buy right now?
For growth investors, Coeur Mining, Inc.
(CDE) is the stronger pick with 96. 4% revenue growth year-over-year, versus 13. 2% for McEwen Mining Inc. (MUX). Coeur Mining, Inc. (CDE) offers the better valuation at 20. 1x trailing P/E (9. 1x forward), making it the more compelling value choice. Analysts rate McEwen Mining Inc. (MUX) a "Buy" — based on 7 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MUX or CDE?
On trailing P/E, Coeur Mining, Inc.
(CDE) is the cheapest at 20. 1x versus McEwen Mining Inc. at 39. 6x. On forward P/E, Coeur Mining, Inc. is actually cheaper at 9. 1x.
03Which is the better long-term investment — MUX or CDE?
Over the past 5 years, Coeur Mining, Inc.
(CDE) delivered a total return of +96. 0%, compared to +79. 8% for McEwen Mining Inc. (MUX). Over 10 years, the gap is even starker: CDE returned +149. 9% versus MUX's -0. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MUX or CDE?
By beta (market sensitivity over 5 years), McEwen Mining Inc.
(MUX) is the lower-risk stock at 1. 27β versus Coeur Mining, Inc. 's 1. 81β — meaning CDE is approximately 42% more volatile than MUX relative to the S&P 500. On balance sheet safety, McEwen Mining Inc. (MUX) carries a lower debt/equity ratio of 0% versus 11% for Coeur Mining, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MUX or CDE?
By revenue growth (latest reported year), Coeur Mining, Inc.
(CDE) is pulling ahead at 96. 4% versus 13. 2% for McEwen Mining Inc. (MUX). On earnings-per-share growth, the picture is similar: Coeur Mining, Inc. grew EPS 500. 0% year-over-year, compared to 168. 6% for McEwen Mining Inc.. Over a 3-year CAGR, CDE leads at 38. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MUX or CDE?
Coeur Mining, Inc.
(CDE) is the more profitable company, earning 28. 3% net margin versus 17. 4% for McEwen Mining Inc. — meaning it keeps 28. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CDE leads at 36. 3% versus -6. 5% for MUX. At the gross margin level — before operating expenses — CDE leads at 39. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MUX or CDE more undervalued right now?
On forward earnings alone, Coeur Mining, Inc.
(CDE) trades at 9. 1x forward P/E versus 22. 2x for McEwen Mining Inc. — 13. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CDE: 60. 1% to $29. 00.
08Which pays a better dividend — MUX or CDE?
In this comparison, MUX (0.
2% yield) pays a dividend. CDE does not pay a meaningful dividend and should not be held primarily for income.
09Is MUX or CDE better for a retirement portfolio?
For long-horizon retirement investors, McEwen Mining Inc.
(MUX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 27)). Coeur Mining, Inc. (CDE) carries a higher beta of 1. 81 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MUX: -0. 1%, CDE: +149. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MUX and CDE?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: MUX is a small-cap quality compounder stock; CDE is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.