McEwen Inc.
MUX · NYSE · producer · market cap $1.3B as of 24 Aug 2026
What McEwen Inc.'s own filings say about its costs, margins and results, every figure cited.
McEwen Inc. share price
- Next report4 Novprior report
Company-reported data · Fixed cohorts · No estimated costs
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts: the companies in each median are set for the calendar year, so a median never moves because membership moved.
- No modelled costs: no cost or margin here is estimated by us; where a company states no figure, the page says so.
About McEwen Inc.
McEwen Inc. owns 100% of the Froome mine and Stock mill in Ontario, Canada, and a 46.3% interest in McEwen Copper Inc., the owner of the Los Azules copper project (Los Azules) in San Juan, Argentina. It is a gold and silver mining production and exploration company with an advanced copper development project, focused on the Americas. As United States Gold Corp., it acquired Minera Andes Inc. in September 2011, was renamed McEwen Mining Inc. and changed its name to McEwen Inc. effective July 7, 2025. Its common stock is listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol MUX; its principal executive office is in Toronto, Ontario. It also owns 100% of the Gold Bar Mine Complex in Nevada and El Gallo in Sinaloa, Mexico. The Gold Bar mine achieved commercial production on May 23, 2019; the Froome mine reached commercial production on September 19, 2021. The company had 486 employees at December 31, 2025.
Costs and margins
McEwen Inc. is not in the tracker's gold cost cohort, so no cost or margin series is charted here; the reason is stated on its panel on the Miner Margins page. Its panel on the Miner Margins page
McEwen's mines and operations
Mine-by-mine operating data will be added as company filings are reviewed.
Financials, as filed
Key financials
- Revenue
- $59.2M
- Net income
- $9.6M
- Operating cash flow
- $12.1M
- Cash and equivalents
- $78.9M
- Debt
- $120.6M
- EPS (diluted)
- $0.14
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue us-gaap:Revenues | FY 2025 | $197,553,000 | SEC XBRL, as filed | 10-K · 17 Mar 2026 |
| Revenue us-gaap:Revenues | Q2 2026 | $59,234,000 | SEC XBRL, as filed | 10-Q · 5 Aug 2026 |
| Net income us-gaap:NetIncomeLoss | FY 2025 | $34,434,000 | SEC XBRL, as filed | 10-K · 17 Mar 2026 |
| Net income us-gaap:NetIncomeLoss | Q2 2026 | $9,606,000 | SEC XBRL, as filed | 10-Q · 5 Aug 2026 |
| EPS (basic) us-gaap:EarningsPerShareBasic | FY 2025 | $0.64 | SEC XBRL, as filed | 10-K · 17 Mar 2026 |
| EPS (basic) us-gaap:EarningsPerShareBasic | Q2 2026 | $0.16 | SEC XBRL, as filed | 10-Q · 5 Aug 2026 |
| EPS (diluted) us-gaap:EarningsPerShareDiluted | FY 2025 | $0.59 | SEC XBRL, as filed | 10-K · 17 Mar 2026 |
| EPS (diluted) us-gaap:EarningsPerShareDiluted | Q2 2026 | $0.14 | SEC XBRL, as filed | 10-Q · 5 Aug 2026 |
| Operating cash flow us-gaap:NetCashProvidedByUsedInOperatingActivities | FY 2025 | $6,865,000 | SEC XBRL, as filed | 10-K · 17 Mar 2026 |
| Operating cash flow us-gaap:NetCashProvidedByUsedInOperatingActivities | Q1 2026 | $12,103,000 | SEC XBRL, as filed | 10-Q · 6 May 2026 |
| Cash and equivalents us-gaap:CashAndCashEquivalentsAtCarryingValue | FY 2025 | $51,015,000 | SEC XBRL, as filed | 10-K · 17 Mar 2026 |
| Cash and equivalents us-gaap:CashAndCashEquivalentsAtCarryingValue | Q2 2026 | $78,883,000 | SEC XBRL, as filed | 10-Q · 5 Aug 2026 |
| Debt us-gaap:LongTermDebtNoncurrent | FY 2025 | $126,168,000 | SEC XBRL, as filed | 10-K · 17 Mar 2026 |
| Debt us-gaap:LongTermDebtNoncurrent | Q2 2026 | $120,572,000 | SEC XBRL, as filed | 10-Q · 5 Aug 2026 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | Q2 2026 | 61,358,566 | SEC XBRL, as filed | 10-Q · 5 Aug 2026 |
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
| Statement line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | not available | $174,477,000 | $166,231,000 | $110,417,000 | $136,541,000 | $104,789,000 | $117,019,000 |
| Operating income | not available | not available | not available | not available | not available | not available | not available |
| Net income | not available | -$43,691,000 | $55,299,000, restated in a later filing | -$81,075,000, restated in a later filing | -$56,712,000, restated in a later filing | -$152,325,000 | -$59,747,000 |
| Operating cash flow | not available | $29,454,000 | -$39,637,000 | -$58,609,000, restated in a later filing | -$20,223,000, restated in a later filing | -$27,873,000 | -$39,527,000 |
| Capital expenditure | not available | not available | not available | not available | not available | not available | not available |
| Cash and equivalents | not available | $13,692,000 | $23,020,000 | $39,782,000 | $54,287,000 | $20,843,000 | $46,452,000 |
| Debt | not available | $40,000,000 | $40,000,000 | $63,979,000 | $48,866,000 | $48,160,000 | not available |
| Dividend per share | not available | not available | not available | not available | not available | not available | not available |
| Source | not available | 10-K · 14 Mar 2025 | 10-K · 15 Mar 2024 | 10-K · 14 Mar 202310-Q · 9 Aug 2023 | 10-K · 7 Mar 202210-Q · 10 May 2022 | 10-K · 10 Mar 202110-Q · 10 May 2022 | 10-K · 16 Mar 2020 |
- A dash means the SEC filings carry no figure for that year. It is never zero.
- * The figure as first filed; restated in a later filing.
Filings
| Date | Source |
|---|---|
| 7 Aug 2026 | 8-K(7 Aug 2026) |
| 5 Aug 2026 | 10-Q(5 Aug 2026) |
| 30 Jun 2026 | 8-K(30 Jun 2026) |
| 10 Jun 2026 | 8-K(10 Jun 2026) |
| 2 Jun 2026 | 8-K(2 Jun 2026) |
| 22 May 2026 | 8-K(22 May 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.