Last update at 2025-06-30T18:37:00Z
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McEwen Mining: Q1 2025 Results
Thu 08 May 25, 04:52 PMThe Future Is Golden at Grey Fox
Wed 07 May 25, 10:53 PMMcEwen Mining Q1 2025 Results Conference Call
Mon 05 May 25, 06:53 PMMcEwen Mining Reports 2024 Q4 & Year-End Results and Outlook for 2025
Tue 18 Mar 25, 05:21 AMMcEwen Mining Q4 And Year-End 2024 Results Conference Call
Mon 17 Mar 25, 05:52 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | -80.28800M | -64.19900M | -153.71500M | -63.59100M | -47.64000M |
Minority interest | 5.02M | 0.17M | - | - | - |
Net income | -86.09400M | -56.88400M | -152.32500M | -59.74700M | -44.87000M |
Selling general administrative | 11.89M | 11.44M | 9.20M | 12.79M | 23.16M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | -0.54400M | -6.48000M | -26.94800M | 8.99M | 27.93M |
Reconciled depreciation | 19.53M | 25.55M | 23.09M | 25.54M | 16.43M |
Ebit | -95.43700M | -64.28000M | -153.17400M | -55.16000M | -49.25900M |
Ebitda | -76.25800M | -32.99100M | -38.34500M | -36.57300M | -32.83400M |
Depreciation and amortization | 19.18M | 31.29M | 114.83M | 18.59M | 16.43M |
Non operating income net other | - | - | - | - | - |
Operating income | -95.43700M | -64.28000M | -153.17400M | -55.16000M | -46.54200M |
Other operating expenses | 208.63M | 189.75M | 164.75M | 172.18M | 163.50M |
Interest expense | 7.79M | 6.20M | 7.43M | 1.48M | 1.62M |
Tax provision | 5.81M | -7.31500M | -1.39000M | -3.84400M | -2.77000M |
Interest income | - | 5.66M | 6.97M | 0.14M | 1.02M |
Net interest income | -7.78900M | -6.20000M | -7.43400M | -6.81700M | -1.61900M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 5.81M | -7.31500M | -1.39000M | -3.84400M | -2.77000M |
Total revenue | 110.42M | 136.54M | 104.79M | 117.02M | 128.82M |
Total operating expenses | 97.67M | 46.73M | 33.02M | 64.15M | 62.61M |
Cost of revenue | 110.96M | 143.02M | 131.74M | 108.03M | 100.89M |
Total other income expense net | 15.15M | 0.08M | -0.54100M | -8.43100M | -1.09800M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | -86.09400M | -56.88400M | -152.32500M | -59.74700M | -44.87000M |
Net income applicable to common shares | -81.07500M | -56.71200M | -152.32500M | -59.74700M | -44.87000M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Total assets | 664.62M | 657.24M | 528.72M | 525.34M | 499.94M |
Intangible assets | - | - | - | - | - |
Earning assets | - | - | - | - | - |
Other current assets | 3.57M | 3.07M | 5.97M | 2.55M | 1.10M |
Total liab | 169.65M | 154.82M | 172.44M | 135.40M | 134.61M |
Total stockholder equity | 494.98M | 502.42M | 322.81M | 375.16M | 365.33M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 5.45M | 1.66M | 24.30M | 49.50M | 43.11M |
Common stock | - | 1768.46M | 1644.14M | 1615.60M | 1548.88M |
Capital stock | 1804.70M | 1768.46M | 1644.14M | 1615.60M | 1548.88M |
Retained earnings | -1309.72700M | -1266.03600M | -1321.33600M | -1240.43200M | -1183.54800M |
Other liab | - | - | 33.09M | 32.62M | 37.84M |
Good will | - | - | - | - | - |
Other assets | - | - | 7.33M | -0.00100M | 9.00M |
Cash | 13.69M | 23.02M | 39.78M | 54.29M | 20.84M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 47.69M | 30.00M | 84.19M | 52.40M | 45.55M |
Current deferred revenue | - | 4.71M | 6.16M | - | - |
Net debt | 26.31M | 18.45M | 26.60M | -1.00500M | 32.81M |
Short term debt | - | 0.98M | 11.21M | 2.90M | 2.44M |
Short long term debt | - | - | 10.00M | - | - |
Short long term debt total | - | 41.47M | 66.39M | 53.28M | 53.66M |
Other stockholder equity | - | 0.00000M | - | - | - |
Property plant equipment | - | - | 346.28M | 342.30M | 329.11M |
Total current assets | 41.19M | 52.66M | 81.65M | 85.03M | 53.50M |
Long term investments | 400.80M | 419.37M | 93.45M | 90.96M | 108.33M |
Net tangible assets | - | - | 322.81M | 375.16M | 365.33M |
Short term investments | 1.21M | 1.74M | 1.13M | 1.81M | 0.00000M |
Net receivables | - | 4.89M | 2.87M | 10.59M | 5.69M |
Long term debt | 40.00M | 40.00M | 53.98M | 48.87M | 48.16M |
Inventory | 18.11M | 19.94M | 31.73M | 15.79M | 26.96M |
Accounts payable | 28.45M | 22.66M | 42.52M | 39.48M | 35.89M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | - | 0.00000M | - | - | -69.54400M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | 1548.88M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 11.71M | 15.26M | 7.33M | 7.05M | 9.00M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 623.43M | 604.58M | 447.07M | 440.32M | 446.44M |
Capital lease obligations | 2.11M | 1.47M | 2.41M | 4.42M | 5.50M |
Long term debt total | - | - | - | 48.87M | 48.16M |
Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Investments | -58.04600M | -99.63700M | -23.90100M | 9.83M | -11.76700M |
Change to liabilities | - | - | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | - | - | -23.90100M | -24.56400M | -11.76700M |
Net borrowings | - | - | 12.66M | -3.40800M | -2.20400M |
Total cash from financing activities | 19.20M | 172.18M | 65.45M | 80.98M | 17.58M |
Change to operating activities | - | - | 4.57M | 8.89M | 14.13M |
Net income | -43.69100M | 33.18M | -86.09400M | -56.88400M | -152.32500M |
Change in cash | -10.04600M | -16.06900M | -17.05500M | 36.20M | -22.06200M |
Begin period cash flow | 27.51M | 43.58M | 60.63M | 24.44M | 46.50M |
End period cash flow | 17.46M | 27.51M | 43.58M | 60.63M | 24.44M |
Total cash from operating activities | 29.45M | -39.63700M | -58.60900M | -20.22300M | -27.87300M |
Issuance of capital stock | 20.42M | 13.43M | 55.64M | 81.84M | 19.64M |
Depreciation | - | -95.74600M | 19.53M | 25.55M | 23.09M |
Other cashflows from investing activities | - | - | 0.29M | 9.83M | 1.61M |
Dividends paid | - | - | - | - | - |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | - | - | -0.08700M | 81.84M | 19.78M |
Other cashflows from financing activities | - | 185.39M | 38.42M | 32.42M | 0.14M |
Change to netincome | - | - | -1.63200M | -0.35500M | 1.52M |
Capital expenditures | 43.09M | 26.10M | 24.19M | 34.89M | 13.37M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | 12.25M | -17.75000M | 4.57M | 8.89M | 14.13M |
Stock based compensation | 3.24M | 0.97M | 0.34M | 0.84M | 0.61M |
Other non cash items | 1.21M | -93.05300M | 4.90M | 8.70M | 88.01M |
Free cash flow | -13.64100M | -65.73600M | -82.79600M | -55.11100M | -41.24600M |
Sector: Basic Materials Industry: Other Precious Metals & Mining
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
MUX McEwen Mining Inc. |
0.33 2.57% | 13.15 | - | 10.89 | 4.01 | 1.04 | 3.26 | 24.29 |
TFPM Triple Flag Precious Metals Corp |
0.55 1.74% | 32.15 | 833.25 | 30.12 | 22.79 | 2.77 | 16.51 | 48.38 |
CGG China Gold International Resources |
-0.15 1.20% | 12.37 | 20.48 | - | 5.03 | 1.88 | 3.93 | 16.25 |
GMIN G Mining Ventures Corp. |
0.49 2.86% | 17.60 | 24.48 | 12.71 | 16.16 | 2.66 | 11.61 | 18.93 |
PPTA Perpetua Resources Corp |
0.38 2.34% | 16.63 | - | - | - | 13.22 | -29.7643 |
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 owns 100% interests in the Gold Bar gold mine located in Nevada; the Fox Complex that consists of 132 parcels, including patents and leases, and 163 unpatented mining claims totaling 28 square miles in mining rights, as well as 13 square miles in surface rights located in Ontario, Canada; and the Fenix project located in Mexico. It also holds a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.
150 King Street West, Toronto, ON, Canada, M5H 1J9
Name | Title | Year Born |
---|---|---|
Mr. Robert Ross McEwen | Chairman, CEO, Pres & Chief Owner | 1950 |
Mr. Stephen McGibbon P.Geo. | Exec. VP of Exploration | 1959 |
Mr. Andrew Iaboni | VP of Fin. | 1982 |
Mr. Perry Y. Ing B.Com., B.Comm, C.A., C.F.A., CPA, CA, CFA, CPA | Interim Chief Financial Officer | 1976 |
Ms. Mihaela Iancu | Head of Investor Relations | NA |
Ms. Carmen L. Diges | Gen. Counsel & Sec. | 1971 |
Mr. Stefan M. Spears B.Sc. | VP of Corp. Devel. | 1982 |
Mr. Sylvain Guerard | Sr. VP of Exploration | 1964 |
Mr. Kenneth D. Tylee P.Geo | Exploration Mang. | NA |
Mr. Robert Kastelic | Chief Exploration Geologist of Nevada | NA |
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