McEwen Short Term Investments vs Common Stock Shares Outstanding Analysis

0JZT Stock

7.37 0.50 7.28%

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 Short Term Investments and its Common Stock Shares Outstanding 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.

Short Term Investments vs Common Stock Shares Outstanding

Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between McEwen Mining's Short Term Investments and Common Stock Shares Outstanding is -0.02. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding 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 Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of McEwen Mining are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Investments i.e., McEwen Mining's Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

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Short Term Investments

Short Term Investments is an item under the current assets section of McEwen Mining balance sheet. It contains any investments McEwen Mining undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that McEwen Mining can easily liquidate in the marketplace.

Common Stock Shares Outstanding

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

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 2025. Tax Provision is likely to drop to about (1.7 M) in 2025

	2022	2023	2024	2025 (projected)
Total Operating Expenses	78.6M	126.4M	113.8M	70.1M
Cost Of Revenue	130.0M	201.9M	232.1M	243.8M

Total Operating Expenses Cost Of Revenue

McEwen Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Short Term Investments	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Property Plant Equipment
Total Assets		-0.27	-0.4	0.98	0.92	-0.75	0.87	-0.38	0.73	1.0	-0.91	0.12	0.68	-0.53	-0.63	0.03	-0.22	-0.58	0.42	-0.4	0.79	-0.47	-0.47	-0.43	0.02	-0.45
Other Current Liab	-0.27		0.69	-0.4	-0.2	0.42	-0.47	0.42	-0.11	-0.27	0.15	0.09	-0.15	0.48	0.09	0.0	-0.19	0.38	-0.09	0.32	-0.5	-0.27	0.5	0.29	0.35	0.15
Total Current Liabilities	-0.4	0.69		-0.55	-0.29	0.57	-0.65	0.89	0.04	-0.44	0.29	0.52	0.03	0.6	0.63	0.01	-0.03	0.72	0.3	0.44	-0.5	0.02	0.78	0.5	0.59	0.56
Total Stockholder Equity	0.98	-0.4	-0.55		0.9	-0.82	0.93	-0.5	0.68	0.98	-0.88	0.05	0.64	-0.64	-0.65	0.07	-0.13	-0.68	0.37	-0.48	0.82	-0.38	-0.6	-0.53	-0.07	-0.51
Property Plant And Equipment Net	0.92	-0.2	-0.29	0.9		-0.74	0.88	-0.28	0.75	0.91	-0.84	0.28	0.7	-0.67	-0.57	0.13	-0.21	-0.63	0.43	-0.62	0.78	-0.43	-0.45	-0.57	0.18	-0.5
Net Debt	-0.75	0.42	0.57	-0.82	-0.74		-0.89	0.5	-0.69	-0.73	0.79	0.1	-0.7	0.78	0.59	-0.31	-0.15	0.84	-0.46	0.68	-0.81	0.04	0.85	0.82	0.16	0.76
Retained Earnings	0.87	-0.47	-0.65	0.93	0.88	-0.89		-0.61	0.59	0.87	-0.81	-0.05	0.56	-0.83	-0.66	0.19	-0.06	-0.85	0.28	-0.7	0.83	-0.26	-0.77	-0.74	-0.1	-0.66
Accounts Payable	-0.38	0.42	0.89	-0.5	-0.28	0.5	-0.61		0.13	-0.43	0.26	0.67	0.16	0.54	0.69	0.16	0.14	0.75	0.43	0.43	-0.46	0.23	0.75	0.54	0.34	0.67
Cash	0.73	-0.11	0.04	0.68	0.75	-0.69	0.59	0.13		0.68	-0.83	0.31	0.99	-0.4	-0.3	0.25	-0.1	-0.32	0.86	-0.35	0.62	-0.2	-0.21	-0.36	0.21	-0.27
Non Current Assets Total	1.0	-0.27	-0.44	0.98	0.91	-0.73	0.87	-0.43	0.68		-0.89	0.08	0.63	-0.53	-0.66	0.0	-0.25	-0.59	0.35	-0.39	0.79	-0.5	-0.48	-0.42	-0.01	-0.46
Non Currrent Assets Other	-0.91	0.15	0.29	-0.88	-0.84	0.79	-0.81	0.26	-0.83	-0.89		-0.03	-0.79	0.55	0.6	-0.18	0.24	0.56	-0.55	0.42	-0.72	0.41	0.46	0.47	0.0	0.5
Other Assets	0.12	0.09	0.52	0.05	0.28	0.1	-0.05	0.67	0.31	0.08	-0.03		0.32	0.06	0.46	0.14	0.23	0.29	0.46	0.0	-0.04	0.08	0.35	0.15	0.42	0.39
Cash And Short Term Investments	0.68	-0.15	0.03	0.64	0.7	-0.7	0.56	0.16	0.99	0.63	-0.79	0.32		-0.41	-0.23	0.31	0.02	-0.31	0.9	-0.36	0.58	-0.07	-0.24	-0.38	0.17	-0.25
Common Stock Shares Outstanding	-0.53	0.48	0.6	-0.64	-0.67	0.78	-0.83	0.54	-0.4	-0.53	0.55	0.06	-0.41		0.45	-0.38	-0.1	0.9	-0.19	0.95	-0.64	-0.02	0.79	0.9	0.09	0.65
Inventory	-0.63	0.09	0.63	-0.65	-0.57	0.59	-0.66	0.69	-0.3	-0.66	0.6	0.46	-0.23	0.45		-0.08	0.43	0.68	0.16	0.4	-0.65	0.57	0.57	0.48	0.36	0.69
Other Current Assets	0.03	0.0	0.01	0.07	0.13	-0.31	0.19	0.16	0.25	0.0	-0.18	0.14	0.31	-0.38	-0.08		0.36	-0.2	0.26	-0.37	0.05	0.32	-0.26	-0.32	-0.23	-0.01
Other Stockholder Equity	-0.22	-0.19	-0.03	-0.13	-0.21	-0.15	-0.06	0.14	-0.1	-0.25	0.24	0.23	0.02	-0.1	0.43	0.36		-0.07	0.2	-0.08	-0.18	0.88	-0.3	-0.2	-0.31	0.03
Total Liab	-0.58	0.38	0.72	-0.68	-0.63	0.84	-0.85	0.75	-0.32	-0.59	0.56	0.29	-0.31	0.9	0.68	-0.2	-0.07		-0.05	0.83	-0.72	0.11	0.92	0.93	0.21	0.84
Total Current Assets	0.42	-0.09	0.3	0.37	0.43	-0.46	0.28	0.43	0.86	0.35	-0.55	0.46	0.9	-0.19	0.16	0.26	0.2	-0.05		-0.14	0.34	0.14	-0.02	-0.19	0.3	0.04
Common Stock	-0.4	0.32	0.44	-0.48	-0.62	0.68	-0.7	0.43	-0.35	-0.39	0.42	0.0	-0.36	0.95	0.4	-0.37	-0.08	0.83	-0.14		-0.56	-0.03	0.69	0.9	-0.02	0.68
Net Receivables	0.79	-0.5	-0.5	0.82	0.78	-0.81	0.83	-0.46	0.62	0.79	-0.72	-0.04	0.58	-0.64	-0.65	0.05	-0.18	-0.72	0.34	-0.56		-0.34	-0.66	-0.67	-0.05	-0.65
Short Term Investments	-0.47	-0.27	0.02	-0.38	-0.43	0.04	-0.26	0.23	-0.2	-0.5	0.41	0.08	-0.07	-0.02	0.57	0.32	0.88	0.11	0.14	-0.03	-0.34		-0.11	-0.05	-0.34	0.17
Short Long Term Debt Total	-0.47	0.5	0.78	-0.6	-0.45	0.85	-0.77	0.75	-0.21	-0.48	0.46	0.35	-0.24	0.79	0.57	-0.26	-0.3	0.92	-0.02	0.69	-0.66	-0.11		0.87	0.37	0.82
Non Current Liabilities Total	-0.43	0.29	0.5	-0.53	-0.57	0.82	-0.74	0.54	-0.36	-0.42	0.47	0.15	-0.38	0.9	0.48	-0.32	-0.2	0.93	-0.19	0.9	-0.67	-0.05	0.87		0.05	0.83
Short Term Debt	0.02	0.35	0.59	-0.07	0.18	0.16	-0.1	0.34	0.21	-0.01	0.0	0.42	0.17	0.09	0.36	-0.23	-0.31	0.21	0.3	-0.02	-0.05	-0.34	0.37	0.05		0.17
Property Plant Equipment	-0.45	0.15	0.56	-0.51	-0.5	0.76	-0.66	0.67	-0.27	-0.46	0.5	0.39	-0.25	0.65	0.69	-0.01	0.03	0.84	0.04	0.68	-0.65	0.17	0.82	0.83	0.17

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McEwen Mining Account Relationship Matchups

McEwen Mining fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	508.8M	534.7M	528.7M	659.5M	593.6M	511.4M
Other Current Liab	7.2M	10.0M	15.2M	4.9M	5.6M	5.9M
Total Current Liabilities	45.6M	52.4M	84.2M	30.0M	34.5M	40.1M
Total Stockholder Equity	365.3M	375.2M	322.8M	502.4M	452.2M	400.8M
Property Plant And Equipment Net	329.1M	342.3M	346.3M	170.0M	153.0M	145.3M
Net Debt	32.8M	(851K)	27.7M	18.4M	21.2M	22.3M
Retained Earnings	(1.2B)	(1.2B)	(1.3B)	(1.3B)	(1.1B)	(1.2B)
Accounts Payable	35.9M	39.5M	42.4M	22.6M	25.9M	29.4M
Cash	20.8M	56.8M	39.8M	23.0M	20.7M	28.4M
Non Current Assets Total	455.3M	449.7M	447.1M	604.6M	544.1M	456.1M
Non Currrent Assets Other	5.4M	3.3M	3.5M	15.3M	17.6M	18.4M
Other Assets	9.0M	7.1M	7.3M	2.3M	2.7M	2.5M
Cash And Short Term Investments	20.8M	58.6M	41.1M	24.8M	22.3M	30.3M
Common Stock Shares Outstanding	40.3M	45.5M	47.4M	47.5M	54.7M	39.2M
Inventory	27.0M	15.8M	31.7M	19.9M	22.9M	23.7M
Other Current Assets	4.0M	13.1M	8.8M	5.6M	5.0M	8.4M
Total Liab	143.4M	144.7M	172.4M	157.1M	180.7M	105.7M
Total Current Assets	53.5M	85.0M	81.7M	52.7M	60.6M	75.4M
Common Stock	1.5B	1.6B	1.6B	1.8B	2.0B	1.6B
Net Receivables	1.7M	3.7M	2.9M	2.4M	2.1M	3.4M
Liabilities And Stockholders Equity	508.8M	534.7M	528.7M	657.2M	591.5M	462.1M
Short Long Term Debt Total	53.7M	56.0M	67.4M	41.5M	47.7M	46.0M
Non Current Liabilities Total	97.9M	92.3M	88.3M	124.8M	143.5M	87.2M
Short Term Debt	2.4M	2.9M	11.2M	978K	1.1M	1.1M
Property Plant Equipment	418.8M	329.1M	342.3M	346.3M	398.2M	386.8M
Other Liab	38.4M	37.8M	32.6M	33.1M	29.8M	28.8M
Net Tangible Assets	499.5M	365.3M	375.2M	322.8M	290.5M	342.7M

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McEwen Short Term Investments vs Common Stock Shares Outstanding Analysis

Short Term Investments vs Common Stock Shares Outstanding

Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Short Term Investments

Common Stock Shares Outstanding

McEwen Mining fundamental ratios Correlations

McEwen Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

McEwen Mining fundamental ratios Accounts

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Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.95	Common Stock Shares Outstanding
Retained Earnings	+ 0.93	Total Stockholder Equity

Non Currrent Assets Other	- 0.91	Total Assets
Non Currrent Assets Other	- 0.89	Non Current Assets Total
Retained Earnings	- 0.89	Net Debt
Non Currrent Assets Other	- 0.88	Total Stockholder Equity
Total Liab	- 0.85	Retained Earnings
Non Currrent Assets Other	- 0.84	Property Plant And Equipment Net