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
McEwen Mining Inc. (MUX) - Total Assets
Latest total assets as of September 2025: $747.64 Million USD
Based on the latest financial reports, McEwen Mining Inc. (MUX) holds total assets worth $747.64 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
McEwen Mining Inc. - Total Assets Trend (1985–2024)
This chart illustrates how McEwen Mining Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
McEwen Mining Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
McEwen Mining Inc.'s total assets of $747.64 Million consist of 6.2% current assets and 93.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $13.69 Million | 2.1% |
| Accounts Receivable | $4.20 Million | 0.6% |
| Inventory | $18.11 Million | 2.7% |
| Property, Plant & Equipment | $210.92 Million | 31.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2024)
This chart illustrates how McEwen Mining Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: McEwen Mining Inc.'s current assets represent 6.2% of total assets in 2024, a decrease from 20.2% in 1985.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2024, down from 10.1% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 31.7% of total assets.
McEwen Mining Inc. Competitors by Total Assets
Key competitors of McEwen Mining Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
McEwen Mining Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - McEwen Mining Inc. generates 0.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - McEwen Mining Inc. is currently not profitable relative to its asset base.
McEwen Mining Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.10 | 1.17 | 1.17 |
| Quick Ratio | 1.58 | 0.74 | 0.58 |
| Cash Ratio | 0.90 | 0.57 | 0.00 |
| Working Capital | $62.60 Million | $ 8.64 Million | $ 7.94 Million |
McEwen Mining Inc. - Advanced Valuation Insights
This section examines the relationship between McEwen Mining Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.12 |
| Latest Market Cap to Assets Ratio | 1.56 |
| Asset Growth Rate (YoY) | 0.8% |
| Total Assets | $664.62 Million |
| Market Capitalization | $1.03 Billion USD |
Valuation Analysis
Above Book Valuation: The market values McEwen Mining Inc.'s assets above their book value (1.56 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: McEwen Mining Inc.'s assets grew by 0.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for McEwen Mining Inc. (1985–2024)
The table below shows the annual total assets of McEwen Mining Inc. from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $664.62 Million | +0.77% |
| 2023-12-31 | $659.55 Million | +24.74% |
| 2022-12-31 | $528.72 Million | -1.12% |
| 2021-12-31 | $534.68 Million | +5.10% |
| 2020-12-31 | $508.76 Million | -20.79% |
| 2019-12-31 | $642.33 Million | +4.12% |
| 2018-12-31 | $616.94 Million | +4.19% |
| 2017-12-31 | $592.13 Million | +18.83% |
| 2016-12-31 | $498.32 Million | +4.89% |
| 2015-12-31 | $475.08 Million | -9.15% |
| 2014-12-31 | $522.96 Million | -43.35% |
| 2013-12-31 | $923.07 Million | -19.80% |
| 2012-12-31 | $1.15 Billion | +270.85% |
| 2011-12-31 | $310.36 Million | +18.63% |
| 2010-12-31 | $261.62 Million | -10.40% |
| 2009-12-31 | $291.98 Million | +5.15% |
| 2008-12-31 | $277.68 Million | -32.05% |
| 2007-12-31 | $408.67 Million | +588.00% |
| 2006-12-31 | $59.40 Million | +972.08% |
| 2005-12-31 | $5.54 Million | +286.14% |
| 2004-12-31 | $1.43 Million | -22.06% |
| 2003-12-31 | $1.84 Million | -47.00% |
| 2002-12-31 | $3.47 Million | -0.84% |
| 2001-12-31 | $3.50 Million | +17.10% |
| 2000-12-31 | $2.99 Million | -12.24% |
| 1999-12-31 | $3.41 Million | -17.06% |
| 1998-12-31 | $4.11 Million | -34.16% |
| 1997-12-31 | $6.24 Million | -22.31% |
| 1996-12-31 | $8.03 Million | -6.89% |
| 1995-12-31 | $8.63 Million | -10.12% |
| 1994-12-31 | $9.60 Million | +2.13% |
| 1993-12-31 | $9.40 Million | +67.86% |
| 1992-12-31 | $5.60 Million | -5.08% |
| 1991-12-31 | $5.90 Million | -83.66% |
| 1990-12-31 | $36.10 Million | -50.68% |
| 1989-12-31 | $73.20 Million | +7.33% |
| 1988-12-31 | $68.20 Million | +139.30% |
| 1987-12-31 | $28.50 Million | +16.80% |
| 1986-12-31 | $24.40 Million | +174.16% |
| 1985-12-31 | $8.90 Million | -- |