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McEwen Mining MUX Fox Complex In Ontario Canada — Gross Profit

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Other financials

Income statement

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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

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Cash & equivalents$56.5M-17.5%
Total debt$126.4M+0.7%
Total assets$972.6M+33.1%

Cash flow

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Operating cash flow$12.1M+726%

Valuation

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Market cap$1.12B+92.5%
Enterprise value$1.19B+81.9%
P/E15.1×
P/S4.8×+1.3×

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

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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:GrossProfit.

The source filing: McEwen Mining’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 5:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-056349
Three months ended March 31, 2026Gold Bar / Mine ComplexFox / ComplexTartan / Lake (7)El GalloMSCMc Ewen / CopperTotal
Revenue from gold and silver sales$37,717$25,316$11,016$74,049
Production costs applicable to sales (1)(19,379)(14,711)(1,554)(35,644)
Depreciation and depletion (1)(2,312)(4,598)(6,910)
Gross profit16,0266,0079,46231,495
Advanced projects (1)(1,126)(3,653)(4,779)
Exploration (1)(3,140)(1,385)(934)(5,459)
Income (loss) from equity method investments (2)32,752(2,074)30,678
Other segment items (3)(2,135)(2,026)(76)(87)(4,324)

Item 1. Financial Statements (unaudited)

FAQ

What is McEwen Mining's fox complex in ontario canada — gross profit?
McEwen Mining (MUX) reported fox complex in ontario canada — gross profit of $6.01M in Q1 2026.
What does fox complex in ontario canada — gross profit mean?
This metric is calculated as the total revenue from the Fox Complex minus the direct cost of goods and services sold. It measures the fundamental profitability of the mining operations before accounting for corporate overhead, exploration, or financing costs. A healthy gross profit margin indicates effective management of direct production costs relative to market metal prices.

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