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McEwen Mining (McEwen Mining) Scaled Net Operating Assets : 0.76 (As of Mar. 2024)


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What is McEwen Mining Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

McEwen Mining's operating assets for the quarter that ended in Mar. 2024 was $615.2 Mil. McEwen Mining's operating liabilities for the quarter that ended in Mar. 2024 was $114.5 Mil. McEwen Mining's Total Assets for the quarter that ended in Dec. 2023 was $657.2 Mil. Therefore, McEwen Mining's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.76.


McEwen Mining Scaled Net Operating Assets Historical Data

The historical data trend for McEwen Mining's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McEwen Mining Scaled Net Operating Assets Chart

McEwen Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.63 0.78 0.73 0.98

McEwen Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.58 0.65 0.91 0.76

Competitive Comparison of McEwen Mining's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, McEwen Mining's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McEwen Mining's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, McEwen Mining's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where McEwen Mining's Scaled Net Operating Assets falls into.



McEwen Mining Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

McEwen Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(632.476-113.353)/528.719
=0.98

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=657.239 - 24.763
=632.476

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=154.819 - 40.488 - 0.978
=113.353

McEwen Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(615.158-114.508)/657.239
=0.76

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=638.716 - 23.558
=615.158

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=156.208 - 37.806 - 3.894
=114.508

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McEwen Mining Scaled Net Operating Assets Related Terms

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McEwen Mining (McEwen Mining) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2800, Toronto, ON, CAN, M5H 1J9
McEwen Mining Inc is a mining and minerals production and exploration company focused on precious and base minerals in Argentina, Mexico, and the United States. The company's overall revenue is principally derived from the production of gold and silver. The company owns and operates the wholly-owned El Gallo 1 mine in Mexico, and has a minority shareholding in the company that operates the San Jose mine in Argentina. More than half the company's gold output is produced by the El Gallo 1 mine. The remaining gold production, and the majority of silver production, is produced by the San Jose mine. Geographically, the majority is from Canada.
Executives
Michelle Makori director C/O MCEWEN MINING INC., 150 KING STREET WEST, SUITE 2800, TORONTO A6 A6 M5H 1J9
Ian J Ball officer: Vice President, Mexico 99 GEORGE STREET, THIRD FLOOR, TORONTO A6 M5A 2N4
G. Peter Mah officer: Chief Operating Officer 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Merri Sanchez director 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
William M Shaver director 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Anna Man-yue Ladd-kruger officer: Chief Financial Officer 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Stephen Mcgibbon officer: EVP of Exploration 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Richard W. Brissenden director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Merushe Verli officer: Chief Financial Officer 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Michele L Ashby director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Chris Stewart officer: President and COO 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Allen V Ambrose director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Simon Tyler Quick officer: Vice President - Projects 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Xavier Ochoa officer: Chief Operating Officer 150 KING ST. WEST, SUITE 2800, TORONTO A6 M5H 1J9
Sylvain Guerard officer: SVP, Exploration 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9

McEwen Mining (McEwen Mining) Headlines