McEwen Mining Shares Outstanding vs. Net Income

MUX Stock  USD 26.40  0.19  0.72%   
Considering the key profitability indicators obtained from McEwen Mining's historical financial statements, McEwen Mining may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in March. Profitability indicators assess McEwen Mining's ability to earn profits and add value for shareholders. At this time, McEwen Mining's Sales General And Administrative To Revenue is fairly stable compared to the past year. Operating Cash Flow Sales Ratio is likely to rise to 0.16 in 2026, whereas Price To Sales Ratio is likely to drop 2.48 in 2026. At this time, McEwen Mining's Total Other Income Expense Net is fairly stable compared to the past year. Non Operating Income Net Other is likely to rise to about 27.7 M in 2026, whereas Operating Income is likely to drop (47.8 M) in 2026. At this time, McEwen Mining's Gross Profit is fairly stable compared to the past year. Gross Profit Margin is likely to rise to 0.17 in 2026, whereas Pretax Profit Margin is likely to drop (0.25) in 2026.
For McEwen Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of McEwen Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well McEwen Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between McEwen Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of McEwen Mining over time as well as its relative position and ranking within its peers.

McEwen Mining's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.The next projected EPS of McEwen Mining is estimated to be 0.46875 with future projections ranging from a low of 0.4425 to a high of 0.495. McEwen Mining's most recent 12-month trailing earnings per share (EPS TTM) is at -0.23. Please be aware that the consensus of earnings estimates for McEwen Mining is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
McEwen Mining is projected to generate 0.46875 in earnings per share on the 31st of December 2026. McEwen Mining earnings estimates show analyst consensus about projected McEwen Mining EPS (Earning Per Share). It derives the highest and the lowest estimates based on McEwen Mining's historical volatility. Many public companies, such as McEwen Mining, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

McEwen Mining Revenue Breakdown by Earning Segment

By analyzing McEwen Mining's earnings estimates, investors can diagnose different trends across McEwen Mining's analyst sentiment over time as well as compare current estimates against different timeframes.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McEwen Mining. Expected growth trajectory for McEwen significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive McEwen Mining assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(0.23)
Revenue Per Share
3.106
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.01)
Return On Equity
(0.02)
McEwen Mining's market price often diverges from its book value, the accounting figure shown on McEwen's balance sheet. Smart investors calculate McEwen Mining's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since McEwen Mining's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that McEwen Mining's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether McEwen Mining represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, McEwen Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

McEwen Mining Net Income vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining McEwen Mining's current stock value. Our valuation model uses many indicators to compare McEwen Mining value to that of its competitors to determine the firm's financial worth.
McEwen Mining is rated below average in shares outstanding category among its peers. It also is rated below average in net income category among its peers . McEwen Mining reported Net Loss of (39.32 Million) in 2025. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the McEwen Mining's earnings, one of the primary drivers of an investment's value.

McEwen Mining's Earnings Breakdown by Geography

McEwen Net Income vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

McEwen Mining

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
59.22 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

McEwen Mining

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(43.69 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

McEwen Net Income Comparison

McEwen Mining is currently under evaluation in net income category among its peers.

McEwen Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in McEwen Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, McEwen Mining will eventually generate negative long term returns. The profitability progress is the general direction of McEwen Mining's change in net profit over the period of time. It can combine multiple indicators of McEwen Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income-45.5 M-47.8 M
Income Before Tax-42.1 M-44.2 M
Total Other Income Expense Net4.4 M4.6 M
Net Loss-39.3 M-41.3 M
Income Tax Expense-2.7 M-2.9 M
Net Loss-50.2 M-52.8 M
Non Operating Income Net Other26.4 M27.7 M
Net Loss-50.2 M-52.8 M
Interest Income3.1 MM
Net Interest Income-5.3 M-5 M
Change To Netincome-2.6 M-2.5 M
Net Loss(0.77)(0.81)
Income Quality(0.78)(0.74)
Net Income Per E B T 0.84  0.70 

McEwen Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on McEwen Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of McEwen Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the McEwen Mining's important profitability drivers and their relationship over time.

McEwen Mining Earnings Estimation Breakdown

The calculation of McEwen Mining's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of McEwen Mining is estimated to be 0.46875 with the future projection ranging from a low of 0.4425 to a high of 0.495. Please be aware that this consensus of annual earnings estimates for McEwen Mining is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
0.44
Lowest
Expected EPS
0.46875
0.49
Highest

McEwen Mining Earnings Projection Consensus

Suppose the current estimates of McEwen Mining's value are higher than the current market price of the McEwen Mining stock. In this case, investors may conclude that McEwen Mining is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and McEwen Mining's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2026Current EPS (TTM)
639.19%
0.0
0.46875
-0.23

McEwen Mining Earnings per Share Projection vs Actual

Actual Earning per Share of McEwen Mining refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering McEwen Mining predict the company's earnings will be in the future. The higher the earnings per share of McEwen Mining, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

McEwen Mining Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as McEwen Mining, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of McEwen Mining should always be considered in relation to other companies to make a more educated investment decision.

McEwen Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact McEwen Mining's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
null
nullnullnullnull
null
nullnullnullnull
2025-11-05
2025-09-300.2533-0.01-0.2633103 
2025-08-07
2025-06-300.110.06-0.0545 
2025-05-06
2025-03-31-0.115-0.12-0.005
2025-02-26
2024-12-31-0.09-0.16-0.0777 
2024-11-06
2024-09-30-0.15-0.060.0960 
2024-08-07
2024-06-30-0.17-0.26-0.0952 
2024-05-08
2024-03-31-0.07-0.050.0228 
2024-03-01
2023-12-31-0.2-0.54-0.34170 
2023-11-08
2023-09-30-0.74-0.390.3547 
2023-08-09
2023-06-30-0.66-0.460.230 
2023-05-08
2023-03-31-0.25-0.91-0.66264 
2023-03-14
2022-12-31-0.16-0.8-0.64400 
2022-11-04
2022-09-30-0.24-0.210.0312 
2022-08-10
2022-06-30-0.15-0.26-0.1173 
2022-05-10
2022-03-31-0.25-0.4-0.1560 
2022-03-01
2021-12-31-0.1-0.5-0.4400 
2021-11-03
2021-09-30-0.05-0.4-0.35700 
2021-08-04
2021-06-30-0.15-0.10.0533 
2021-05-07
2021-03-31-0.2-0.3-0.150 
2021-03-10
2020-12-31-0.15-0.6-0.45300 
2020-10-29
2020-09-30-0.23-0.20.0313 
2020-08-06
2020-06-30-0.3-0.4-0.133 
2020-05-18
2020-03-31-0.15-2.5-2.351566 
2020-03-16
2019-12-31-0.2-0.7-0.5250 
2019-10-30
2019-09-30-0.17-0.3-0.1376 
2019-07-30
2019-06-30-0.2-0.4-0.2100 
2019-04-30
2019-03-31-0.35-0.30.0514 
2019-02-20
2018-12-31-0.4-0.6-0.250 
2018-10-30
2018-09-30-0.2-0.4-0.2100 
2018-07-31
2018-06-30-0.13-0.2-0.0753 
2018-05-01
2018-03-31-0.05-0.2-0.15300 
2018-02-21
2017-12-310.10.10.0
2013-08-09
2013-06-30-0.10.10.2200 
2013-05-08
2013-03-310.2-0.4-0.6300 
2013-03-08
2012-12-310.7-1.0-1.7242 
2010-11-03
2010-09-30-0.63-0.67-0.04

Use McEwen Mining in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if McEwen Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in McEwen Mining will appreciate offsetting losses from the drop in the long position's value.

McEwen Mining Pair Trading

McEwen Mining Pair Trading Analysis

The ability to find closely correlated positions to McEwen Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McEwen Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back McEwen Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling McEwen Mining to buy it.
The correlation of McEwen Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as McEwen Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McEwen Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for McEwen Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your McEwen Mining position

In addition to having McEwen Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Online Gaming Thematic Idea Now

Online Gaming
Online Gaming Theme
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Online Gaming Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for McEwen Stock Analysis

When running McEwen Mining's price analysis, check to measure McEwen Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McEwen Mining is operating at the current time. Most of McEwen Mining's value examination focuses on studying past and present price action to predict the probability of McEwen Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McEwen Mining's price. Additionally, you may evaluate how the addition of McEwen Mining to your portfolios can decrease your overall portfolio volatility.