What does fox complex in ontario canada — exploration costs mean?

This metric tracks the capital or operating expenditures dedicated to geological surveying, drilling, and testing to identify or expand mineral reserves at the Fox Complex. These investments are vital for extending the life of the mine and discovering new economic deposits. High exploration spending reflects a strategic commitment to long-term resource sustainability.

McEwen Mining MUX Fox Complex In Ontario Canada — Exploration Costs

Other segment segments

Gold Bar Mine Complex In Nevada United States

$3.14M—

Tartan Lake Gold Mine Project Manitoba Canada

$934K—

Similar metrics at other companies

JAGUOntario — Exploration Expense

$16.87K-25.3%

MURCanada — Exploration costs

$75K-25.0%

PPTAExploration Expense

$53.1M+306%

SSRMExploration and evaluation

$5.3M-11.0%

MURCanada — Oil and Gas, Result of Operation, Exploration Cost

$75K-25.0%

NEMExploration

$51M+4.1%

Other financials

Income statement

See full

Revenue$74.0M+107%

Gross profit$38.4M+139%

Operating income$41.2M+640%

Net income$33.4M+632%

EPS (diluted)$0.47+492%

Balance sheet

See full

Cash & equivalents$56.5M-17.5%

Total debt$126.4M+0.7%

Total equity$388.0M—

Total assets$972.6M+33.1%

Cash flow

See full

Operating cash flow$12.1M+726%

Valuation

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Market cap$1.02B+112%

Enterprise value$1.09B+102%

P/E13.7×—

P/S4.3×+1.5×

Profitability

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Gross margin38.2%+6.0pp

Operating margin21.8%+14.6pp

Net margin31.4%+23.1pp

FCF margin38.5%—

Returns & leverage

See full

Return on equity-13.4%—

Debt / equity0.1×—

Current ratio1.1×-1.2×

Where this comes from

Reported directly by McEwen Mining in its filing.

Tagged under the XBRL concept us-gaap:ExplorationCosts.

The official record: McEwen Mining’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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What is McEwen Mining's fox complex in ontario canada — exploration costs?: McEwen Mining (MUX) reported fox complex in ontario canada — exploration costs of $1.39M in Q1 2026.
What does fox complex in ontario canada — exploration costs mean?: This metric tracks the capital or operating expenditures dedicated to geological surveying, drilling, and testing to identify or expand mineral reserves at the Fox Complex. These investments are vital for extending the life of the mine and discovering new economic deposits. High exploration spending reflects a strategic commitment to long-term resource sustainability.