McEwen Inc.

McEwen Inc.

17.76
USD
-0.44
(-2.42%)
1.20EPS
Nov 11Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.55
1.52
2.43
2.02
2.15
3.8
3.23
2.6
3
2.33
3.5
3.42
3.66
4.36
Basic EPS, GAAP
-4.97
-10.48
-0.68
0.7
-0.34
-1.33
-1.65
-3.78
-1.25
-1.71
1.16
-0.86
0.64
1.42
Free Cash Flow per Basic Share
-1.58
-0.59
0.49
0.01
-1.15
-2.4
-1.91
-1.02
-1.21
-1.7
-1.38
-0.27
-0.7
0.11
Dividend per Share
- -
- -
0.05
0.1
0.1
0.1
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
28.19
16.25
15.24
14.79
15.47
14.1
12.48
10.6
8.17
6.81
10.16
9.33
9.84
11.83
Tangible Book Value per Share
28.19
16.25
15.24
14.79
15.47
14.1
12.48
10.6
8.17
6.81
10.16
9.33
9.84
11.83
Basic Weighted Avg Shares
30
30
30
30
31
34
36
40
45
47
48
51
54
57
Sales/Revenue/Turnover
46
45
73
60
67
128
117
105
137
110
166
174
198
248
Operating Margin (%)
-77.55
-81.22
14.57
3.97
-37.84
-27.56
-47.14
-58.62
-38.97
-88.95
-62.75
-7.23
-6.54
-2.38
Depreciation Expense
2
2
2
4
7
16
26
23
25
20
30
31
28
30
Net Income, GAAP
-148
-312
-20
21
-11
-45
-60
-152
-57
-81
55
-44
34
81
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
50.51
- -
- -
- -
Profit Margin (%)
-321.3
-688.57
-28.03
34.87
-15.76
-35.01
-51.06
-145.36
-41.53
-73.43
33.27
-25.04
17.43
32.46
Working Capital
36
16
32
58
49
23
43
8
33
-3
23
-7
44
66
LT Debt
- -
- -
- -
- -
- -
54
45
51
50
55
40
41
127
122
Total Equity
747
441
418
443
521
486
499
365
390
356
502
495
546
707
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-16.44
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16.03
- -
- -
- -
Return on Common Equity (%)
-18.06
-52.52
-4.76
4.89
-2.21
-8.91
-12.13
-35.23
-15.32
-23.23
13.4
-8.76
6.61
13.54

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
4
7
LT Borrowings
126
123
121
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
56
59
60
Market Capitalization
1,061
1,451
- -

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
108
110
130
Cash, Cash Equivalents & STI
70
66
88
Accounts Receivable, Net
- -
- -
- -
Inventories
27
31
27
Total Current Liabilities
64
97
64
Payables & Accruals
48
82
42
ST Debt
1
4
7
Deferred Revenue
8
2
8

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.07%
9.6%
10.36%
Free Cash Flow
-1,250.15%
31.85%
176.92%
Net Income, GAAP
-38.93%
-109.17%
-178.81%
Sales/Revenue/Turnover
14.52%
15.98%
13.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
41
47
52
34
174
2025
36
47
51
65
198
2026
74
59
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.41
-0.26
-0.04
-0.16
-0.86
2025
-0.12
0.06
-0.01
0.7
0.64
2026
0.57
0.16
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Robert Ross McEwen
Full Time Employees
486
Sector
Non-energy minerals
Industry
Precious metals
Address
150 King Street West Toronto ON Canada M5H 1J9
IPO Date
May 7, 1980
Business
McEwen Inc., formerly McEwen Mining Inc., engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina; it also explores for copper deposits. The company, incorporated in 1979 and headquartered in Toronto, Canada, owns 100% interests in the Gold Bar gold mine in Nevada, United States; the Fox Complex in Ontario, Canada, comprising underground operations at the Froome mine, Stock West, Grey Fox, and Fuller projects; and the El Gallo Complex and Fenix silver-gold project in Sinaloa, Mexico. It holds a 49% interest in the high-grade San José silver-gold mine in Santa Cruz, Argentina, and a 47.7% interest in the Los Azules copper project in San Juan, Argentina, through McEwen Copper Inc.; additional exploration properties are located in Nevada, Canada, Mexico, and Argentina. McEwen Inc. produces gold dore and bullion, silver, and copper, reporting output in gold equivalent ounces (GEOs), with 2024 production estimated at 130,000 to 145,000 GEOs across its operations. In June 2025, the company changed its name from McEwen Mining Inc. to McEwen Inc.; McEwen Copper secured a $25 million non-revolving loan in June 2025 for working capital and feasibility studies on Los Azules, which updated its mineral resources to 2 billion tons and received preliminary financing proposals exceeding $1.1 billion ahead of a Q1 2025 feasibility study. Recent developments include the acquisition of a 31% interest in Paragon Geochemical Laboratories Inc. in November 2025 for PhotonAssay services, new drill results at the Gold Bar Mine Complex expanding oxide and high-grade zones, plans to advance the Fenix project with initial milling for 18,000 to 26,000 ounces of gold annually, and a joint venture with Host Sixth Mining of Peru in southern Argentina.

Company News

  • MUX to Generate Additional Capital From Non-Core Timmins Asset Sale

  • McEwen: The Date That Matters Isn't Nov. 5

  • Contrasting McEwen (NYSE:MUX) & Ero Copper (NYSE:ERO)

  • McEwen Signs US$55 Million Agreement to Sell Fuller and Paymaster

  • McEwen Highlights Los Azules Copper Growth Strategy, Sees Market Value Gap

  • McEwen Inc. (NYSE:MUX) Stock Has Consensus Price Target of $28.00 According to Brokerages

  • TNR Gold royalty project Los Azules advances as McEwen Copper secures $240M term loan

  • McEwen Inc.: The Gold Bar Miss Is Fixable, The Copper Is Free

  • McEwen Copper Completes US$240 Million Term Loan to Advance Los Azules Toward Final Investment Decision

  • Paragon Advanced Labs Provides Business Update

  • McEwen Announces Planned Retirement of COO & Promotions to Its Senior Leadership Team

  • $250 Billion Deficit Is Creating The Low-Risk Way To Play The Mining Supercycle

  • McEwen Q2 Earnings Call Highlights

  • McEwen Inc. (MUX) Q2 2026 Earnings Call Transcript

  • Goliath Reports Up To 8.09 G/T AuEq Over 16.00 Meters, Assays Confirm Gold Mineralization In Expanded Bonanza and Golden Gate Zones On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

  • New Strong Sell Stocks for August 6th

  • McEwen Q2 Results: Net Income of $9.6M ($0.16 per Share), Compared with $3.0M ($0.06 per Share) in Q2 2025; Exploration Results Driving Resource Growth Across All Sites; New Stock Mine in Timmins Nearing Production, with Mine Life Extended

  • McEwen Q2 Results: Net Income of $9.6M ($0.16 per Share), Compared with $3.0M ($0.06 per Share) in Q2 2025; Exploration Results Driving Resource Growth Across All Sites; New Stock Mine in Timmins Nearing Production, with Mine Life Extended

  • McEwen Inc. $MUX Shares Sold by Amundi

  • McEwen Q2 2026 Results Conference Call