the goal of mcewen mining is to qualify for inclusion in the s&p 500 by creating a high growth gold producer focused in the americas. mcewen mining's principal assets consist of the san josé mine in santa cruz, argentina (49% interest); the el gallo complex in sinaloa, mexico; the gold bar project in nevada, us; the los azules project in san juan, argentina and a large portfolio of exploration properties in argentina, mexico and nevada. mcewen mining has 297,417,091 shares issued and outstanding at august 7, 2014. rob mcewen, chairman, president and chief owner, owns 25% of the shares of the company (assuming all outstanding exchangeable shares are exchanged for an equivalent amount of common shares). as of june 30, 2014 mcewen mining had cash and liquid assets of approximately us$16.6 million.
Company profile
Ticker
MUX
Exchange
Website
CEO
Robert McEwen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
U S GOLD CORP
SEC CIK
Corporate docs
Subsidiaries
10393444 Canada Inc. • 11195581 Canada Inc. • 912413 Ontario Inc. • Compania Minera Pangea S.A. de C.V. • Gold Bar Enterprises LLC • Golden Pick LLC • Las Yaretas S.A. • Latin America Exploration Inc. • Lexam Explorations (USA), Inc. • Lexam VG Gold Inc. ...
IRS number
840796160
MUX stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
17 May 24
DEFA14A
Additional proxy soliciting materials
17 May 24
DEF 14A
Definitive proxy
17 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
10-K/A
2023 FY
Annual report (amended)
29 Apr 24
425
Business combination disclosure
17 Apr 24
8-K
Voting and Support Agreement
17 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Results of Operations and Financial Condition
1 Mar 24
8-K
The McEwen Mining January 2024 Difference TD Securities Global Mining Conference
26 Jan 24
Transcripts
MUX
Earnings call transcript
2024 Q1
9 May 24
MUX
Earnings call transcript
2023 Q4
1 Mar 24
MUX
Earnings call transcript
2023 Q3
9 Nov 23
MUX
Earnings call transcript
2023 Q2
10 Aug 23
MUX
Earnings call transcript
2023 Q2
10 Aug 23
MUX
Earnings call transcript
2023 Q1
9 May 23
MUX
Earnings call transcript
2022 Q4
14 Mar 23
MUX
Earnings call transcript
2022 Q3
7 Nov 22
MUX
Earnings call transcript
2022 Q2
13 Aug 22
MUX
Earnings call transcript
2022 Q1
13 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 53.34 mm | 53.34 mm | 53.34 mm | 53.34 mm | 53.34 mm | 53.34 mm |
Cash burn (monthly) | 11.90 mm | 444.75 k | 9.61 mm | 13.01 mm | 760.00 k | 4.34 mm |
Cash used (since last report) | 90.68 mm | 3.39 mm | 73.24 mm | 99.15 mm | 5.79 mm | 33.03 mm |
Cash remaining | -37.34 mm | 49.95 mm | -19.90 mm | -45.80 mm | 47.55 mm | 20.31 mm |
Runway (months of cash) | -3.1 | 112.3 | -2.1 | -3.5 | 62.6 | 4.7 |
Institutional ownership, Q4 2023
2.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 5 |
Opened positions | 1 |
Closed positions | 70 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 7.78 bn |
Total shares | 1.08 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Mirae Asset Global Investments | 1.06 mm | $7.67 bn |
FITB Fifth Third Bancorp | 13.66 k | $98.50 mm |
North Star Investment Management | 1.10 k | $7.93 mm |
Farmers & Merchants Investments | 1.00 k | $7.21 mm |
Global Retirement Partners | 100.00 | $656.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Aug 23 | Michelle Makori | Stock Option Common Stock | Grant | Acquire A | No | No | 8.28 | 20,000 | 165.60 k | 20,000 |
30 Aug 23 | Ian J Ball | Stock Option Common Stock | Grant | Acquire A | No | No | 8.28 | 10,000 | 82.80 k | 10,000 |
News
BHP's Potential Third Bid For Anglo American; McEwen Reports Successful Assay Results; GoldMining Elects Directors And More: Friday's Top Mining Stories
17 May 24
HC Wainwright & Co. Maintains Buy on McEwen Mining, Raises Price Target to $15
13 May 24
Roth MKM Reiterates Buy on McEwen Mining, Raises Price Target to $12
10 May 24
McEwen Mining Q1 Adj $(0.05) Beats $(0.10) Estimate, Sales $41.23M Miss $54.83M Estimate
8 May 24
McEwen Mining Acquires Timberline To 'Unlock Synergies' In Nevada Gold Operations
17 Apr 24
Press releases
McEwen Copper Announces Completion of the Feasibility Drilling Program
16 May 24
McEwen Mining: Q1 2024 Results
8 May 24
McEwen Mining Q1 2024 Results Conference Call
6 May 24
McEwen Mining Announces Friendly Acquisition of Timberline Resources
16 Apr 24
McEwen Mining: 2023 Year End and Q4 Results
29 Feb 24