McEwen Mining Inc.

McEwen Mining Inc.

MUX.TO
McEwen Mining Inc.CA flagToronto Stock Exchange
25.59
CAD
-1.18
- -
1.53BMarket Cap
McEwen Mining Inc.
MUX.TO
(Toronto Stock Exchange)

Recent

price

25.59

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
0.23
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
4.24
Revenue per Share
-2.49
-4.19
-2.55
-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
1.33
Basic EPS, GAAP
-2.2
-6.54
-1.92
-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
-0.43
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.05
0.1
0.1
0.1
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-24.98
14.94
34.07
25.15
14.81
13.95
14.77
16.51
14.41
13.8
9.05
8.25
6.81
10.57
9.7
10.11
11.71
Book Value per Share
13.06
14.85
34.05
25.14
14.82
13.93
14.83
16.61
14.41
13.8
9.05
8.57
7.51
10.57
9.7
10.11
11.71
Tangible Book Value per Share
13
15
26
30
30
30
30
31
34
36
40
45
47
48
51
54
56
Basic Weighted Avg Shares
- -
- -
6
46
45
73
60
67
128
117
105
137
110
166
174
198
236
Sales/Revenue/Turnover
- -
- -
-1,565.02
-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
-1.04
Operating Margin (%)
- -
1
1
2
2
2
4
7
16
26
23
25
20
30
31
28
29
Depreciation Expense
-33
-62
-67
-148
-312
-20
21
-11
-45
-60
-152
-57
-81
55
-44
34
74
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
50.51
- -
- -
- -
Effective Tax Rate (%)
- -
- -
-1,117.23
-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
31.4
Profit Margin (%)
14
42
67
36
16
32
58
49
23
43
8
33
-3
23
-7
44
13
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
54
45
51
50
55
40
41
127
124
LT Debt
173
219
890
747
441
418
443
521
486
499
365
390
356
502
495
546
652
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-10.58
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16.03
- -
- -
- -
Return on Capital (%)
- -
- -
-12
-18.05
-52.51
-4.75
4.89
-2.22
-8.94
-12.13
-35.23
-15.32
-23.23
13.4
-8.76
6.61
13.09
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
4
LT Borrowings
126
126
123
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
56
59
Market Capitalization
921
998
1,139

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
119
108
110
Cash, Cash Equivalents & STI
72
70
66
Accounts Receivable, Net
- -
- -
- -
Inventories
30
27
31
Total Current Liabilities
57
64
97
Payables & Accruals
39
48
82
ST Debt
1
1
4
Deferred Revenue
9
8
2

Growth Rates

FRC

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

FRC

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
McEwen Inc., formerly McEwen Mining Inc., engages in the exploration, development, production, and sale of gold and silver deposits, as well as copper exploration, across the United States, Canada, Mexico, and Argentina; its principal assets include the 100%-owned Gold Bar gold mine in Nevada, USA, the Fox Complex comprising the Black Fox mine, Froome underground development, and other gold projects in Timmins, Ontario, Canada, the Fenix gold project and legacy El Gallo 1 mine in Sinaloa, Mexico, a 49% interest in the high-grade San Jose silver-gold mine in Santa Cruz, Argentina operated by Hochschild Mining, and the large-scale Los Azules copper project in San Juan, Argentina managed through subsidiary McEwen Copper Inc.; the company also maintains a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina, targeting precious and base metals for diversified revenue from doré bars, bullion, and future concentrates sold to global refiners, smelters, and commodity markets. Founded in 1979 through roots tracing to the 2012 merger of US Gold Corporation and Minera Andes Inc., McEwen Inc. is headquartered at 150 King Street West, Suite 2800, Toronto, Ontario, Canada M5H 1J9, with operational offices in the USA, Mexico, and Argentina; it employs approximately 1,864 people and lists on the NYSE and TSX under ticker MUX. Recent developments include a name change from McEwen Mining Inc. to McEwen Inc. in June 2025, a binding letter of intent signed July 27, 2025, to acquire all shares of Canadian Gold Corp. in an all-stock deal valued at CAD$0.35 per share for its Tartan Mine assets in Manitoba to boost resource base and production, acquisition of 31% of Paragon Geochemical Laboratories Inc. on November 3, 2025, for specialized PhotonAssay services, a collaboration agreement with the International Finance Corporation in September 2025 to align the Los Azules project with ESG standards for future financing toward its USD$3.2 billion feasibility study targeting 204,800 tons annual copper cathode production starting 2030, approval for Argentina's RIGI incentive regime providing 30-year tax stability and USD$2.7 billion investment benefits in September 2025, a $10 million investment in Goliath Resources in March 2025, and Q3 2025 operational results showing 14,968 gold equivalent ounces (GEOs) sold, $50.5 million revenue, $11.8 million adjusted EBITDA, $51.2 million cash position, with guidance for 112,000-123,000 GEOs in 2025 and a plan to double output to 250,000-300,000 GEOs by 2030 via optimizations at Fox, Gold Bar, and El Gallo.

Company News

APIChatGPT
  • McEwen Inc. Announces Voting Results of the 2026 Annual Meeting of Shareholders

  • Nvidia poised for another beat as BofA flags five key investor debates

  • Successful Exploration Transforming McEwen's Gold Bar Mine Complex Sets the Stage for Meaningful Mine Life Extension

  • Recent Discovery at Froome Mine Expands Along Strike and Down-Dip; Drilling at Depth Shows Potential to Extend Mine Life: 7.7 gpt gold over 20.4 m & 23.5 gpt gold over 3.7 m (true widths)

  • McEwen Inc. and Canadian Gold Corp. Announce Arrangement Agreement