McEwen Total Assets from 2010 to 2026
| MUX Stock | CAD 32.86 4.36 11.71% |
Total Assets | First Reported 1985-12-31 | Previous Quarter 735.6 M | Current Value 747.6 M | Quarterly Volatility 321.5 M |
Check McEwen Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McEwen Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.3 M, Interest Expense of 5.5 M or Selling General Administrative of 20.7 M, as well as many indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.0046 or PTB Ratio of 0.87. McEwen financial statements analysis is a perfect complement when working with McEwen Mining Valuation or Volatility modules.
McEwen | Total Assets |
Evaluating McEwen Mining's Total 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 Total Assets Growth Pattern
Below is the plot of the Total Assets of McEwen Mining over the last few years. Total assets refers to the total amount of McEwen Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in McEwen Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. McEwen Mining's Total 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.
| View | Last Reported 664.62 M | 10 Years Trend |
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Total Assets |
| Timeline |
McEwen Total Assets Regression Statistics
| Arithmetic Mean | 598,389,337 | |
| Geometric Mean | 474,353,482 | |
| Coefficient Of Variation | 41.16 | |
| Mean Deviation | 167,501,533 | |
| Median | 592,129,000 | |
| Standard Deviation | 246,284,165 | |
| Sample Variance | 60655.9T | |
| Range | 1.1B | |
| R-Value | 0.28 | |
| Mean Square Error | 59764.2T | |
| R-Squared | 0.08 | |
| Significance | 0.28 | |
| Slope | 13,470,371 | |
| Total Sum of Squares | 970494.2T |
McEwen Total Assets History
About McEwen Mining Financial Statements
McEwen Mining investors utilize fundamental indicators, such as Total Assets, to predict how McEwen Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Assets | 764.3 M | 802.5 M | |
| Intangibles To Total Assets | 0.24 | 0.25 |
Pair Trading with McEwen Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if McEwen Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in McEwen Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with McEwen Stock
| 0.95 | AG | First Majestic Silver | PairCorr |
| 0.89 | IE | Ivanhoe Energy | PairCorr |
| 0.96 | ORE | Orezone Gold Corp | PairCorr |
| 0.88 | FDY | Faraday Copper Corp | PairCorr |
Moving against McEwen Stock
| 0.77 | NFLX | Netflix Inc CDR | PairCorr |
| 0.75 | AAPL | Apple Inc CDR | PairCorr |
| 0.75 | AAPL | Apple CDR | PairCorr |
| 0.59 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.59 | MSFT | Microsoft CDR | PairCorr |
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. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back McEwen Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling McEwen Mining to buy 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. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as McEwen Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McEwen Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for McEwen Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of McEwen Mining Correlation against competitors. To learn how to invest in McEwen Stock, please use our How to Invest in McEwen Mining guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.