McEwen Mining's Return On Tangible Assets are increasing over recent years with slightly volatile volatility. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
This module can also supplement McEwen Mining Technical models. It provides neutral performance and risk framing without implying direction. Review McEwen Mining Correlation against competitors for McEwen Mining. This adds peer-relative context.
Evaluating McEwen Mining's Return On Tangible Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into McEwen Mining's fundamental strength.
Latest McEwen Mining's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of McEwen Mining over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. McEwen Mining's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McEwen Mining's overall financial position and show how it may be relating to other accounts over time.
McEwen Return On Tangible Assets Regression Statistics
Arithmetic Mean
-0.1
Geometric Mean
0.08
Coefficient Of Variation
-169.71
Mean Deviation
0.11
Median
-0.07
Standard Deviation
0.16
Sample Variance
0.03
Range
0.6806
R-Value
0.29
Mean Square Error
0.03
R-Squared
0.08
Significance
0.26
Slope
0.01
Total Sum of Squares
0.43
McEwen Return On Tangible Assets History
2026
0.0441
2025
0.042
2024
-0.0657
2023
0.0841
2022
-0.15
2021
-0.11
2020
-0.3
Stock Overview, Methodology & Data Sources
McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. McEwen Mining Inc. was incorporated in 1979 and is headquartered in Toronto, Canada. MCEWEN MINING operates under Other Precious Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 430 people. The stock overview for McEwen Mining summarizes business drivers, financial profile, and market behavior. The company is positioned within Diversified Metals & Mining, Other Precious Metals & Mining, Basic Materials. Current metrics include P/B of 2.99, profit margin of 17.43%. McEwen Mining has a market cap of 1.88 B, ROE of 6.61%.
Methodology
Unless otherwise specified, financial data for McEwen Mining is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. McEwen (CA:MUX) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: We use public filings and market reference sources with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Analyst Sources
McEwen Mining may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.
Pair trading with McEwen Mining can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
The ability to find closely correlated positions to McEwen Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McEwen Mining when you sell it.
The correlation of McEwen Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1.
Correlation analysis and pair trading evaluation for McEwen Mining can be used to frame hedging context. The approach can be applied within sectors or across broader universes.
A structured review of McEwen Mining often starts with core financial statements and trend context. Key ratios help frame profitability, efficiency, and growth context for McEwen Mining Stock. Outlined below are key reports that provide context for McEwen Mining Stock:
Review McEwen Mining Correlation against competitors for McEwen Mining. This adds peer-relative context.
For information on how to trade McEwen Stock refer to our How to Trade McEwen Stock guide.Analysis related to McEwen Mining should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Note that McEwen Mining's intrinsic value and market price are different measures derived from different inputs. For McEwen Mining, key inputs include a P/B ratio of 2.99, a profit margin of 17.43%, ROE of 6.61%, and revenue of 197.55 M. By contrast, market price reflects the level where buyers and sellers transact.