MCEWEN MINING INC. (US8) - Net Assets
Based on the latest financial reports, MCEWEN MINING INC. (US8) has net assets worth €546.24 Million EUR (≈ $638.61 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€820.22 Million ≈ $958.92 Million USD) and total liabilities (€273.98 Million ≈ $320.31 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how strategically is MCEWEN MINING INC.'s equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €546.24 Million |
| % of Total Assets | 66.6% |
| Annual Growth Rate | 8.79% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.98 |
MCEWEN MINING INC. - Net Assets Trend (2021–2025)
This chart illustrates how MCEWEN MINING INC.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see MCEWEN MINING INC. market cap and net worth.
Annual Net Assets for MCEWEN MINING INC. (2021–2025)
The table below shows the annual net assets of MCEWEN MINING INC. from 2021 to 2025. Also explore MCEWEN MINING INC. (US8) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €546.24 Million ≈ $638.61 Million |
+10.36% |
| 2024-12-31 | €494.98 Million ≈ $578.68 Million |
-1.48% |
| 2023-12-31 | €502.42 Million ≈ $587.38 Million |
+41.02% |
| 2022-12-31 | €356.27 Million ≈ $416.52 Million |
-8.63% |
| 2021-12-31 | €389.94 Million ≈ $455.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MCEWEN MINING INC.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3503300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.82 Billion | 333.47% |
| Total Equity | €546.24 Million | 100.00% |
MCEWEN MINING INC. Competitors by Market Cap
The table below lists competitors of MCEWEN MINING INC. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metals X Ltd
AU:MLX
|
$1.13 Billion |
|
361 Degrees International Limited
F:36L
|
$1.13 Billion |
|
Suburban Propane Partners LP
NYSE:SPH
|
$1.13 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
$1.13 Billion |
|
Hubei Biocause Pharmaceutical
SHE:000627
|
$1.13 Billion |
|
Goldsun Building Materials Co Ltd
TW:2504
|
$1.13 Billion |
|
Sunward Intelligent Equipment Co Ltd
SHE:002097
|
$1.13 Billion |
|
Hangjin Technology Co Ltd
SHE:000818
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MCEWEN MINING INC.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 494,975,000 to 546,237,000, a change of 51,262,000 (10.4%).
- Net income of 34,434,000 contributed positively to equity growth.
- New share issuances of 4,868,000 increased equity.
- Other factors increased equity by 11,960,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €34.43 Million | +6.3% |
| Share Issuances | €4.87 Million | +0.89% |
| Other Changes | €11.96 Million | +2.19% |
| Total Change | €- | 10.36% |
Book Value vs Market Value Analysis
This analysis compares MCEWEN MINING INC.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.99x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €8.17 | €16.24 | x |
| 2022-12-31 | €6.81 | €16.24 | x |
| 2023-12-31 | €10.16 | €16.24 | x |
| 2024-12-31 | €9.33 | €16.24 | x |
| 2025-12-31 | €9.84 | €16.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MCEWEN MINING INC. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.43%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.50x
- Recent ROE (6.30%) is above the historical average (-6.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -15.12% | -41.53% | 0.26x | 1.40x | €-94.23 Million |
| 2022 | -25.12% | -73.43% | 0.21x | 1.64x | €-113.36 Million |
| 2023 | 11.01% | 33.27% | 0.25x | 1.31x | €5.06 Million |
| 2024 | -8.83% | -25.04% | 0.26x | 1.34x | €-93.19 Million |
| 2025 | 6.30% | 17.43% | 0.24x | 1.50x | €-20.19 Million |
Industry Comparison
This section compares MCEWEN MINING INC.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $8,562,966,107
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MCEWEN MINING INC. (US8) | €546.24 Million | -15.12% | 0.50x | $1.13 Billion |
| ALLIANZ TECHNO.TR.LS-025 (28X) | $1.72 Million | 28.88% | 0.04x | $557.41 Million |
| China Silver Group Limited (2CS) | $3.65 Billion | 6.24% | 0.24x | $115.34 Million |
| FORTE MINERALS CORP. (2OA) | $1.16 Million | -98.63% | 0.04x | $57.96 Million |
| Manhattan Corporation Limited (32U) | $8.04 Million | -7.45% | 0.01x | $7.82 Million |
| FUTURE METALS NL (3R10) | $24.72 Million | 0.00% | 0.09x | $4.10 Million |
| Sibanye Stillwater Limited (47VS) | $81.34 Billion | 40.63% | 0.88x | $6.72 Billion |
| MONTEGO RESOURCES INC. (4MO) | $-983.94K | 0.00% | 0.00x | $18.41K |
| Gemfields Group Limited (5PH) | $578.94 Million | 4.90% | 0.35x | $52.41 Million |
| INFLECTION RESOURCES LTD. (5VJ) | $10.43 Million | -10.26% | 0.01x | $17.06 Million |
| Hammer Metals Limited (6HM) | $13.89 Million | -6.14% | 0.02x | $9.82 Million |
About MCEWEN MINING INC.
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. The company owns 100% interests in the Gold Bar gold mine located in Nevada; the Fox Complex that consists of 132 parcels, including patents and leases, and 163 unpatented mining claims totaling 28 square m… Read more