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McEwen Mining Inc. (MUX) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

BASIC MATERIALS · OTHER PRECIOUS METALS & MINING · DATA UPDATED 2026-09-17

McEwen Mining Inc. (MUX) operates in the OTHER PRECIOUS METALS & MINING industry and is headquartered in Toronto, Canada with about 1,981 employees. Its market capitalization is roughly $1 billion. In the fiscal year ended 2025-12-31, MUX reported $198M in revenue and $34M in net income.

McEwen 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.

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MUX Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$248M$198M$174M$166M$110M$137M$105M$117M$129M$68M$60M$73M$45M$46M$6M$0M$1M
Gross Profit$63M$22M$31M$18M($1M)($6M)($27M)$9M$32M$19M$25M$37M$3M$11M$2M($5M)($23M)($9M)
Gross Margin %25.2%11.0%17.7%10.7%-0.5%-4.8%-25.7%7.7%24.9%27.6%41.2%51.0%6.3%22.9%35.3%-878.1%
Operating Income (EBIT)$15M($13M)($51M)($162M)($95M)($64M)($153M)($64M)($47M)($26M)$15M($49M)($410M)($200M)($91M)($60M)($36M)($36M)($21M)($32M)($22M)
Operating Margin %5.9%-6.5%-29.0%-97.5%-86.4%-47.1%-146.2%-54.6%-36.6%-38.8%25.4%-67.6%-905.4%-435.8%-1519.5%-2047.3%
Net Income$81M$34M($44M)$55M($81M)($57M)($152M)($60M)($45M)($11M)$21M($20M)($312M)($148M)($67M)($62M)($33M)($28M)($131M)($29M)($73M)
Net Margin %32.5%17.4%-25.0%33.3%-73.4%-41.5%-145.4%-51.1%-34.8%-15.7%34.9%-28.0%-688.6%-321.3%-1117.2%-6902.8%
EBITDA$103M$45M$18M($74M)($79M)($33M)($123M)($31M)($30M)($19M)$6M$13M($35M)($33M)($92M)($59M)($29M)($2M)($20M)($33M)$47M
Earnings Per Share (EPS)$1.38$0.64$-0.86$1.16$-1.71$-1.25$-3.78$-1.65$-1.33$-0.34$0.70$-0.68$-10.48$-4.97$-2.55$-4.19$-2.49$-2.36$-12.95$-3.33$-17.39
Shares Outstanding (M)75M54M51M48M47M45M40M36M34M31M30M30M30M30M26M15M13M12M10M9M4M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MUX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$59M$74M$65M$51M$47M$36M$34M$52M
Gross Profit$20M$25M$17M$0M$12M$10M$0M$14M
Gross Margin %33.9%34.0%26.9%0.2%26.3%28.2%1.1%26.4%
Operating Income (EBIT)$8M$11M($6M)$2M($3M)($8M)($15M)$0M
Operating Margin %13.0%14.7%-8.9%3.5%-7.2%-21.4%-43.4%-0.2%
Net Income$10M$33M$38M$0M$3M($6M)($8M)($2M)
Net Margin %16.2%45.1%59.0%-0.9%6.5%-17.6%-24.6%-4.0%
EBITDA$31M$43M$21M$8M$7M$7M($2M)$12M
Earnings Per Share (EPS)$0.13$0.57$0.70$-0.01$0.06$-0.12$-0.16$-0.04
Shares Outstanding (M)75M59M55M54M54M53M52M52M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MUX Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$79M$7M$29M($40M)($59M)($20M)($28M)($40M)$0M($15M)$25M$16M($15M)($42M)($72M)($59M)($26M)($28M)($19M)($29M)($18M)
Capital Expenditures (CapEx)$75M$45M$43M$26M$24M$35M$13M$30M$81M$9M$7M$1M$3M$4M$3M$18M$3M$0M$0M$6M$1M
Free Cash Flow (FCF)$4M($38M)($14M)($66M)($83M)($55M)($41M)($69M)($81M)($24M)$18M$15M($18M)($47M)($74M)($77M)($29M)($29M)($19M)($35M)($19M)
FCF Margin %1.6%-19.1%-7.8%-39.5%-75.0%-40.4%-39.4%-59.2%-62.7%-35.4%29.8%20.3%-39.1%-101.9%-1242.0%-1795.3%
Dividends Paid$2M$0M$0M$10M$0M$0M$3M$3M$3M$2M$9M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MUX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$58M$12M$3M$5M$0M($2M)($1M)$23M
Capital Expenditures (CapEx)$40M$15M$10M$11M$10M$15M$13M$19M
Free Cash Flow (FCF)$18M($2M)($7M)($6M)($9M)($16M)($14M)$4M
FCF Margin %31.2%-3.3%-10.1%-11.1%-19.6%-46.1%-41.6%7.7%
Dividends Paid$58M$9M$2M$2M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MUX Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$992M$820M$665M$660M$529M$535M$509M$642M$617M$592M$498M$475M$523M$923M$1.2B$310M$262M$292M$278M$409M$59M
Cash & Cash Equivalents$79M$51M$14M$23M$40M$57M$21M$46M$16M$27M$37M$26M$12M$24M$71M$13M$11M$30M$10M$31M$51M
Total Liabilities$285M$274M$170M$157M$172M$145M$143M$143M$131M$71M$55M$57M$82M$176M$261M$91M$88M$89M$94M$95M$7M
Total Debt (Short + Long-Term)$133M$127M$41M$42M$65M$54M$27M$52M$26M$1M$0M$3M$0M$0M$0M$0M$0M$0M$0M$0M$0M
Total Shareholders' Equity$707M$546M$495M$502M$323M$375M$365M$499M$486M$521M$443M$418M$441M$747M$890M$219M$173M$203M$183M$314M$52M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MUX viewer.

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