Mining Americas Inc. (TSX:MAI)

Mining Americas Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	43.45	43.95	8.17	10.41	9.72	5.57
Short-Term Investments	-	-	-	-	-	1.85
Cash & Short-Term Investments	43.45	43.95	8.17	10.41	9.72	7.41
Cash Growth	1521.78%	437.68%	-21.52%	7.16%	31.13%	-59.72%
Accounts Receivable	4.32	4.6	3.17	0.3	0.31	0.82
Other Receivables	-	-	-	2.38	1.59	0.05
Receivables	4.32	4.6	3.17	2.68	1.91	0.87
Inventory	80.08	81.41	7.16	5.69	6.76	5.24
Prepaid Expenses	-	-	-	2.36	1.97	0.92
Restricted Cash	0.05	0.05	0.02	0.02	0.02	0.02
Total Current Assets	127.9	130.01	18.52	21.18	20.38	14.47
Property, Plant & Equipment	117.15	107.33	13.59	16.87	14.77	11.13
Other Long-Term Assets	11.96	7.19	0.85	1.04	4.22	3.42
Total Assets	257.01	244.53	32.97	39.09	39.37	29.02

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	13.69	27.57	3.43	3.15	2.63	2.95
Accrued Expenses	-	0.7	0.11	0.36	0.1	0.19
Current Portion of Long-Term Debt	-	11.36	2.84	0.65	-	-
Current Portion of Leases	0.03	0.07	0.07	0.07	0.06	0.05
Current Unearned Revenue	8.53	8.63	1.29	1.83	4.07	-
Total Current Liabilities	22.25	48.33	7.74	6.06	6.87	3.2
Long-Term Debt	45	13.93	1.46	3.88	-	-
Long-Term Leases	-	-	0.07	0.15	0.21	0.29
Long-Term Unearned Revenue	7.06	6.56	-	-	-	-
Long-Term Deferred Tax Liabilities	15.85	15.29	-	-	-	-
Other Long-Term Liabilities	18.73	18.33	0.47	0.46	0.36	0.04
Total Liabilities	108.9	102.44	9.73	10.55	7.45	3.53

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	234.31	218.64	79.82	79.62	77.48	77.59
Additional Paid-In Capital	3.55	3.15	2.66	2.88	2.79	2.93
Retained Earnings	-108.43	-94.56	-60.95	-53.11	-49.71	-57.6
Comprehensive Income & Other	18.68	14.86	1.7	-0.86	1.37	2.56
Shareholders' Equity	148.11	142.09	23.23	28.54	31.92	25.49
Total Liabilities & Equity	257.01	244.53	32.97	39.09	39.37	29.02

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	45.03	25.37	4.44	4.75	0.27	0.35
Net Cash (Debt)	-1.58	18.58	3.74	5.67	9.44	7.06
Net Cash Growth	-	397.30%	-34.08%	-40.00%	33.71%	-61.44%
Net Cash Per Share	-0.02	0.27	0.08	0.12	0.20	0.16
Filing Date Shares Outstanding	109.95	109.05	49.9	46.29	46.19	44.85
Total Common Shares Outstanding	109.95	108.04	49.9	46.29	46.19	44.62
Working Capital	105.64	81.68	10.78	15.12	13.51	11.27
Book Value Per Share	1.35	1.32	0.47	0.62	0.69	0.57
Tangible Book Value	148.11	142.09	23.23	28.54	31.92	25.49
Tangible Book Value Per Share	1.35	1.32	0.47	0.62	0.69	0.57
Machinery	35.44	29.6	1.29	1.56	1.34	0.5

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 23, 2026

Data Sources Report a data error