Is the business good?
How good a business is MUX?
McEwen Inc. earns 5.8% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
5.8%
Return on invested capital · cost of capital 9.0% · 3.3 points below what the capital costs: growth destroys value
- Operating margin
- 22%
Operating margin · Basic Materials median 13% · 12 months to Q1 2026
- Share count, year on year
- +36%
Share count, year on year · shareholders own a smaller slice than a year ago
- Gross margin
- 29%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −146% |
| FY2021 | −47% |
| FY2022 | −86% |
| FY2023 | −97% |
| FY2024 | −29% |
| FY2025 | 1.3% |
Details›
- Gross margin12 months to Q1 2026
- 29%
- Operating margin12 months to Q1 2026
- 22%
- Net margin12 months to Q1 2026
- 31%
- Revenue, trailing twelve months
- $236M
- Net income, trailing twelve months
- $74M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 5.8%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Other Precious Metals & Mining
Ranks #5 of 7 by Smart Score