McEwen Inc. (MUX)

NYSE: MUX · Real-Time Price · USD

16.23

+0.75 (4.84%)

At close: Nov 9, 2026, 4:00 PM EST

14.86

-1.37 (-8.44%)

Pre-market: Nov 10, 2026, 9:18 AM EST

McEwen Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	241.55	197.55	174.48	166.23	110.42	136.54
Revenue Growth	45.11%	13.23%	4.96%	50.55%	-19.13%	30.30%
Gross Profit	84.58	66.83	54.01	-35.64	-47.57	4.88
Operating Income	-19	-12.93	-12.62	-104.3	-98.21	-56.75
Net Income	44.46	34.43	-43.69	55.3	-81.08	-56.71
Earnings Per Share	0.68	0.59	-0.86	1.16	-1.71	-1.25
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Fox Complex	76.04	67.81	81.3	60.85	50.7
Gold Bar Mine Complex	116.71	105.15	83.41	47.93	79.21
El Gallo	4.81	1.52	1.53	1.64	6.63
Total	197.55	174.48	166.23	110.42	136.54

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	59.51	72.13	15.31	24.76	41.08	56.09
Total Debt	129.17	128.18	42.11	41.47	66.39	53.28
Net Cash (Debt)	-69.66	-56.05	-26.8	-16.7	-25.31	2.81
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.98	-0.85	-0.53	-0.35	-0.53	0.06

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	31.57	6.87	29.45	-39.64	-56.58	-20.06
Capital Expenditures	-67.06	-44.64	-43.1	-26.1	-24.19	-34.89
Free Cash Flow	-35.5	-37.77	-13.64	-65.74	-80.77	-54.95
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	35.02%	33.83%	30.96%	-21.44%	-43.08%	3.57%
Operating Margin	-7.87%	-6.54%	-7.23%	-62.75%	-88.95%	-41.56%
Pretax Margin	12.17%	3.52%	-26.79%	40.33%	-72.71%	-47.02%
Profit Margin	18.40%	17.43%	-25.04%	33.27%	-73.43%	-41.53%
FCF Margin	-14.70%	-19.12%	-7.82%	-39.55%	-73.15%	-40.24%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	23.73	29.40	-	6.44	-	-
Forward PE	8.77	21.28	19.80	19.80	19.80	19.70
PS Ratio	4.12	5.13	2.36	2.14	2.52	2.98