Minco Silver Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 2, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	32	12	11	12	20	32
Market Cap Growth	162.56%	5.56%	-10.00%	-39.39%	-37.74%	-25.04%
Enterprise Value	-18	-20	-23	-19	-13	-1
Last Close Price	0.52	0.19	0.18	0.20	0.33	0.53
PE Ratio	3.71	-	-	3.89	-	-
PB Ratio	0.64	0.27	0.26	0.25	0.45	0.71
P/TBV Ratio	0.63	0.26	0.25	0.25	0.43	0.69
Debt / Equity Ratio	0.01	0.01	0.02	0.02	0.02	0.00
Net Debt / Equity Ratio	-0.98	-0.74	-0.82	-0.86	-0.72	-0.71
Net Debt / EBITDA Ratio	17.42	15.08	12.48	15.62	14.78	11.13
Net Debt / FCF Ratio	25.68	15.66	19.58	19.92	14.06	12.91
Quick Ratio	29.72	17.04	21.65	19.73	13.41	26.12
Current Ratio	29.87	21.06	26.00	23.41	17.74	33.85
Return on Equity (ROE)	19.42%	-4.94%	-8.98%	6.67%	-3.46%	-2.67%
Return on Assets (ROA)	-3.62%	-2.97%	-3.68%	-3.39%	-2.94%	-3.98%
Return on Invested Capital (ROIC)	-202.19%	-22.98%	-40.76%	-21.75%	-17.48%	-22.05%
Return on Capital Employed (ROCE)	-5.50%	-5.00%	-6.60%	-5.50%	-4.90%	-6.50%
Earnings Yield	27.35%	-17.69%	-36.59%	25.73%	-7.67%	-3.50%
FCF Yield	-5.96%	-17.23%	-16.19%	-17.07%	-11.45%	-7.83%
Buyback Yield / Dilution	-0.93%	-	-	-	-0.13%	-0.34%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.