For the year ending 2025-12-31, MUX had $37,797K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 34,434 |
| Loss from investment in mcewen copper inc. (note 9) | 25,547 |
| Income from investment in minera santa cruz s.a. (note 9) | -41,125 |
| Depreciation, amortization and depletion | 27,849 |
| Gain on marketable securities (note 5) | 12,849 |
| Foreign exchange (gain) loss | 235 |
| Reclamation accretion and adjustments to estimate | 3,861 |
| Income and mining tax (recovery) expense (note 19) | -22,291 |
| Flow through premium amortization (note 13) | -5,649 |
| Stock-based compensation | 3,713 |
| Dilution gain from investments in mcewen copper inc. (note 9) | 789 |
| Amortization of debt issuance costs | 697 |
| Other | -437 |
| Change in inventories | 18,901 |
| Change in other assets related to operations | 2,077 |
| Change in accounts payable and accrued liabilities | 13,016 |
| Change in contract liability | 4,005 |
| Change in other liabilities related to operations | -2,778 |
| Cash provided by (used in) operating activities | 6,865 |
| Additions to mineral property interests and plant and equipment | 44,639 |
| Advances to related parties - mcewen copper inc. (note 14) | 5,056 |
| Investment in marketable securities (note 5) | 2,154 |
| Dividends received from minera santa cruz s.a. (note 9) | 2,246 |
| Proceeds from sale of marketable securities | 1,574 |
| Cash used in investing activities | -48,029 |
| Proceeds from senior convertible notes (note 10) | 110,000 |
| Purchase of capped call options (note 10) | 15,114 |
| Convertible notes financing costs (note 10) | 4,123 |
| Principal repayment on long-term debt (note 11) | 20,000 |
| Issuance of flow-through common shares, net of issuance costs (note 13) | 4,868 |
| Proceeds from exercise of stock options | 3,538 |
| Proceeds from exercise of warrants | 610 |
| Payment of finance lease obligations | 1,053 |
| Cash provided by financing activities | 78,726 |
| Effect of exchange rate change on cash and cash equivalents | 235 |
| Increase in cash, cash equivalents and restricted cash | 37,797 |
| Cash, cash equivalents and restricted cash, beginning of period | 17,464 |
| Cash, cash equivalents and restricted cash, end of period | 55,261 |
McEwen Inc. (MUX)
McEwen Inc. (MUX)