McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. It primarily owns a 100% interest in the Gold Bar mine in Eureka County, Nevada; the Black Fox gold mine in Ontario, Canada; the El Gallo Project and Fenix silver-gold project in Sinaloa, Mexico; the Los Azules copper deposit in San Juan, Argentina; and a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. It also owns a 49% interest in the San José mine located in Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.
General Outlook
In simple terms, McEwen Mining Inc. has 47.492 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.033% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -1.108%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.873%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.207% return, is a testament to McEwen Mining Inc.'s adeptness in optimizing resource deployment. McEwen Mining Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.332%. Furthermore, the proficiency of McEwen Mining Inc. in capital utilization is underscored by a remarkable -0.290% return on capital employed.
Stock Prices
McEwen Mining Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $7.76, while its low point bottomed out at $7.56. This variance in figures offers investors a lucid insight into the roller-coaster ride that is McEwen Mining Inc.'s stock market.
Trusted project
“All information displayed on the site is verified. High quality project and financial performance”