McEwen Common Stock Shares Outstanding vs Retained Earnings Analysis

0JZT Stock   8.35  0.12  1.46%   
McEwen Mining financial indicator trend analysis is infinitely more than just investigating McEwen Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McEwen Mining is a good investment. Please check the relationship between McEwen Mining Common Stock Shares Outstanding and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.

Common Stock Shares Outstanding vs Retained Earnings

Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between McEwen Mining's Common Stock Shares Outstanding and Retained Earnings is -0.89. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of McEwen Mining, assuming nothing else is changed. The correlation between historical values of McEwen Mining's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of McEwen Mining are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., McEwen Mining's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from McEwen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McEwen Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.Selling General Administrative is likely to drop to about 10 M in 2024. Tax Provision is likely to drop to about (1.7 M) in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses23.9M78.6M126.4M70.1M
Cost Of Revenue150.1M130.0M201.9M109.4M

McEwen Mining fundamental ratios Correlations

-0.27-0.410.980.94-0.750.86-0.390.731.0-0.910.10.68-0.58-0.630.0-0.23-0.590.41-0.470.79-0.48-0.46-0.440.0-0.43
-0.270.69-0.4-0.20.42-0.460.42-0.11-0.270.150.09-0.150.560.090.01-0.190.4-0.080.45-0.5-0.270.50.330.360.14
-0.410.69-0.55-0.310.59-0.650.890.03-0.440.290.520.030.730.630.0-0.030.790.30.65-0.510.020.80.590.60.55
0.98-0.4-0.550.92-0.820.92-0.50.670.98-0.880.030.64-0.7-0.650.04-0.14-0.70.36-0.580.82-0.39-0.59-0.55-0.1-0.49
0.94-0.2-0.310.92-0.710.86-0.30.730.94-0.860.210.68-0.63-0.580.04-0.25-0.60.44-0.570.78-0.49-0.4-0.50.11-0.46
-0.750.420.59-0.82-0.71-0.890.52-0.67-0.740.790.14-0.680.810.6-0.27-0.140.84-0.440.75-0.810.060.850.840.210.75
0.86-0.46-0.650.920.86-0.89-0.610.570.86-0.79-0.050.54-0.89-0.650.16-0.06-0.850.25-0.840.82-0.26-0.76-0.77-0.11-0.68
-0.390.420.89-0.5-0.30.52-0.610.13-0.430.260.680.160.660.690.160.140.820.440.63-0.470.230.770.630.340.66
0.73-0.110.030.670.73-0.670.570.130.68-0.830.280.99-0.32-0.290.2-0.12-0.250.86-0.260.6-0.22-0.17-0.280.18-0.25
1.0-0.27-0.440.980.94-0.740.86-0.430.68-0.890.070.63-0.58-0.66-0.02-0.25-0.60.35-0.470.79-0.51-0.47-0.44-0.02-0.44
-0.910.150.29-0.88-0.860.79-0.790.26-0.83-0.89-0.01-0.790.580.59-0.150.250.55-0.540.47-0.720.430.450.470.020.5
0.10.090.520.030.210.14-0.050.680.280.07-0.010.290.20.480.090.230.390.440.2-0.070.070.390.280.40.41
0.68-0.150.030.640.68-0.680.540.160.990.63-0.790.29-0.33-0.220.260.0-0.240.9-0.270.56-0.08-0.2-0.30.13-0.23
-0.580.560.73-0.7-0.630.81-0.890.66-0.32-0.580.580.2-0.330.49-0.29-0.090.9-0.130.95-0.650.020.840.860.230.67
-0.630.090.63-0.65-0.580.6-0.650.69-0.29-0.660.590.48-0.220.49-0.060.430.70.180.49-0.650.580.560.510.380.67
0.00.010.00.040.04-0.270.160.160.2-0.02-0.150.090.26-0.29-0.060.36-0.110.23-0.270.00.31-0.22-0.22-0.290.02
-0.23-0.19-0.03-0.14-0.25-0.14-0.060.14-0.12-0.250.250.230.0-0.090.430.36-0.050.19-0.07-0.190.88-0.29-0.21-0.320.03
-0.590.40.79-0.7-0.60.84-0.850.82-0.25-0.60.550.39-0.240.90.7-0.11-0.050.010.87-0.70.150.930.930.30.85
0.41-0.080.30.360.44-0.440.250.440.860.35-0.540.440.9-0.130.180.230.190.01-0.040.310.130.01-0.120.280.04
-0.470.450.65-0.58-0.570.75-0.840.63-0.26-0.470.470.2-0.270.950.49-0.27-0.070.87-0.04-0.610.010.80.890.150.76
0.79-0.5-0.510.820.78-0.810.82-0.470.60.79-0.72-0.070.56-0.65-0.650.0-0.19-0.70.31-0.61-0.37-0.64-0.67-0.08-0.65
-0.48-0.270.02-0.39-0.490.06-0.260.23-0.22-0.510.430.07-0.080.020.580.310.880.150.130.01-0.37-0.11-0.02-0.350.18
-0.460.50.8-0.59-0.40.85-0.760.77-0.17-0.470.450.39-0.20.840.56-0.22-0.290.930.010.8-0.64-0.110.910.420.81
-0.440.330.59-0.55-0.50.84-0.770.63-0.28-0.440.470.28-0.30.860.51-0.22-0.210.93-0.120.89-0.67-0.020.910.170.89
0.00.360.6-0.10.110.21-0.110.340.18-0.020.020.40.130.230.38-0.29-0.320.30.280.15-0.08-0.350.420.170.19
-0.430.140.55-0.49-0.460.75-0.680.66-0.25-0.440.50.41-0.230.670.670.020.030.850.040.76-0.650.180.810.890.19
Click cells to compare fundamentals

McEwen Mining Account Relationship Matchups

McEwen Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets642.3M508.8M534.7M528.7M659.5M511.4M
Other Current Liab2.6M7.2M10.0M15.2M4.9M5.9M
Total Current Liabilities48.8M45.6M52.4M84.2M30.0M40.1M
Total Stockholder Equity499.5M365.3M375.2M322.8M502.4M400.8M
Property Plant And Equipment Net418.8M329.1M342.3M346.3M170.0M308.6M
Net Debt10.2M32.8M(851K)27.7M18.4M19.4M
Retained Earnings(1.0B)(1.2B)(1.2B)(1.3B)(1.3B)(1.3B)
Accounts Payable34.0M35.9M39.5M42.4M22.6M29.4M
Cash46.5M20.8M56.8M39.8M23.0M28.4M
Non Current Assets Total550.4M455.3M449.7M447.1M604.6M456.1M
Non Currrent Assets Other10.2M5.4M3.3M3.5M15.3M16.0M
Other Assets10.3M9.0M7.1M7.3M2.3M2.2M
Cash And Short Term Investments48.3M20.8M58.6M41.1M24.8M30.3M
Common Stock Shares Outstanding36.2M40.3M45.5M47.4M47.5M39.2M
Inventory38.4M27.0M15.8M31.7M19.9M23.7M
Other Current Assets5.3M4.0M13.1M8.8M5.6M8.4M
Total Liab142.9M143.4M144.7M172.4M157.1M105.7M
Total Current Assets92.0M53.5M85.0M81.7M52.7M75.4M
Common Stock1.5B1.5B1.6B1.6B1.8B1.6B
Net Receivables2.7M1.7M3.7M2.9M2.4M3.4M
Short Term Investments3.1M1.9M1.8M1.3M1.7M2.3M
Liabilities And Stockholders Equity642.3M508.8M534.7M528.7M657.2M462.1M
Short Long Term Debt Total56.6M53.7M56.0M67.4M41.5M46.0M
Non Current Liabilities Total94.1M97.9M92.3M88.3M124.8M87.2M
Short Term Debt12.1M2.4M2.9M11.2M978K929.1K
Property Plant Equipment418.8M329.1M342.3M346.3M398.2M386.8M
Other Liab38.4M37.8M32.6M33.1M29.8M28.8M
Net Tangible Assets499.5M365.3M375.2M322.8M290.5M342.7M

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