McEwen Mining Financials

$14.8 M

Revenue Q1, 2017

$605.8 M

Mkt cap, 31-Oct-2017
Net income (Q1, 2017)(3 M)
EBIT (Q1, 2017)(7.4 M)
Closing share price, 31-Oct-20171.9
Cash, 31-Mar-201728.9 M

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2016

Revenue

60.4 m

R&D expense

8 m

General and administrative expense

12.7 m

Operating expense total

20.7 m

EBIT

15.3 m

EBIT margin, %

25%

Pre tax profit

17.3 m

Net Income

21.1 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

11.6 m8.9 m22.9 m16.2 m22.5 m21.2 m14.6 m13.4 m14.8 m

R&D expense

2.2 m

General and administrative expense

3.2 m2.5 m3.2 m3.3 m2.3 m2.8 m2.6 m3.2 m4.3 m

Operating expense total

3.2 m2.5 m3.2 m3.3 m2.3 m2.8 m2.6 m5.4 m4.3 m

EBIT

(129.4 m)(14.7 m)5.2 m(29.7 m)1.9 m10.4 m6.7 m3 m(7.4 m)

EBIT margin, %

(1112%)(167%)23%(184%)8%49%46%23%(50%)

Interest income

34 k347 k

Pre tax profit

(129.1 m)(21.7 m)4.9 m(26.4 m)1 m7.5 m3.6 m(5.7 m)

Net Income

(86.1 m)(99.2 m)6 m(8.1 m)(5.5 m)13 m21.3 m25.5 m(3 m)

Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

24.3 m12.4 m25.9 m37.4 m

Inventories

8.8 m12.4 m15 m26.6 m

Current Assets

46.8 m39.7 m54.4 m78.6 m

PP&E

15.1 m17.9 m15.8 m14.3 m

Total Assets

923.1 m523 m475.1 m498.3 m

Accounts Payable

20 m

Current Liabilities

11.2 m24.1 m22 m20.6 m

Total Liabilities

55.3 m

Retained Earnings

(607.6 m)(919.6 m)(940 m)(919 m)

Total Equity

746.8 m441.2 m418.3 m443 m

Financial Leverage

1.2 x1.2 x1.1 x1.1 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

15.1 m17.6 m16.6 m22.4 m30.9 m34.6 m36.7 m38.8 m28.9 m

Inventories

10.2 m9.2 m12.9 m13.8 m12.4 m15.8 m19.2 m22.3 m29.5 m

Current Assets

42.1 m39.7 m43.5 m55.5 m56.9 m57 m64.7 m74.8 m81.7 m

PP&E

17 m18.1 m17.8 m17.8 m17.7 m15.7 m14 m14.5 m14.3 m

Total Assets

796.3 m783.5 m526.7 m506.6 m504.8 m480 m493.1 m499.8 m499.4 m

Accounts Payable

12.2 m18.3 m19.9 m20.2 m19.2 m17.1 m16.8 m19.1 m22.8 m

Current Liabilities

13.7 m19.8 m22.3 m28.5 m26.9 m17.3 m17.1 m19.2 m23.4 m

Retained Earnings

(693.8 m)(706.8 m)(913.6 m)(927.7 m)(925 m)(927 m)(918.7 m)(914.5 m)(922 m)

Total Equity

661.4 m650.8 m447.9 m433.7 m434.6 m429.7 m442.3 m447.2 m442.8 m

Financial Leverage

1.2 x1.2 x1.2 x1.2 x1.2 x1.1 x1.1 x1.1 x1.1 x

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(147.7 m)(311.9 m)(20.5 m)21.1 m

Depreciation and Amortization

942 k979 k942 k1.2 m

Purchases of PP&E

(4.3 m)(2.8 m)(777 k)(1.2 m)

Cash From Financing Activities

171 k2.3 m123 k

Interest Paid

(156 k)(5 k)

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(86.1 m)(99.2 m)6 m(8.1 m)(5.5 m)13 m21.3 m25.5 m(3 m)

Depreciation and Amortization

454 k693 k272 k480 k691 k239 k497 k809 k327 k

Cash From Operating Activities

19.6 m24.4 m

Purchases of PP&E

(2.3 m)(2.7 m)(192 k)(433 k)(535 k)(145 k)(252 k)(1.1 m)(350 k)

Cash From Financing Activities

129 k1.4 m5.8 m3.7 m(5.5 m)

Ratios

USDY, 2017

Revenue/Employee

50.6 k

Financial Leverage

1.1 x