McEwen (MUX) Operating Expenses (2010 - 2026)
McEwen (MUX) posted quarterly Operating Expenses of -$9.7 million for Q1 2026, down 155.04% year-over-year from $17.7 million in Q1 2025, and up 80.05% quarter-over-quarter from -$48.9 million in Q4 2025.
McEwen (MUX) Operating Expenses (2010 - 2026) Analysis & Trends
McEwen's Operating Expenses history runs 17 years deep, the most recent figure standing at -$9.7 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 155.04% year-over-year to -$9.7 million; the TTM figure through Mar 2026 stood at -$26.7 million (down 137.5% YoY), while the FY2025 annual figure was $749000.0, down 99.08% from the prior year.
- Operating Expenses for Q1 2026 stood at -$9.7 million, up from -$48.9 million in the prior quarter.
- The five-year high for Operating Expenses was $61.0 million in Q4 2023, with the low at -$48.9 million in Q4 2025.
- The 5-year median for Operating Expenses is $18.1 million (2022), against an average of $20.5 million.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses surged 160.97% in 2023, then slumped 427.75% in 2025.
- McEwen's Operating Expenses stood at $38.9 million in 2022, then jumped by 56.89% to $61.0 million in 2023, then plunged by 75.57% to $14.9 million in 2024, then plunged by 427.75% to -$48.9 million in 2025, then jumped by 80.05% to -$9.7 million in 2026.
- Business Quant data shows MUX's Operating Expenses at -$9.7 million in Q1 2026, -$48.9 million in Q4 2025, and $16.2 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.96 Bn | 13.48 Bn | 332.52 Mn | 188.15 Mn |
| 2 | Buenaventura Mining | 8.67 Bn | 7.66 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.87 Bn | 6.85 Bn | 88.25 Mn | 3.89 Mn |
| 4 | Perpetua Resources | 3.14 Bn | 3.14 Bn | - | 106.58 Mn |
| 5 | Elemental Royalty | 1.40 Bn | 1.34 Bn | 15.71 Mn | -5.59 Mn |
| 6 | Solaris Resources | 1.36 Bn | 1.30 Bn | - | 3.91 Mn |
| 7 | McEwen | 1.22 Bn | 1.13 Bn | 20.08 Mn | 12.38 Mn |
| 8 | Versamet Royalties | 1.13 Bn | 1.13 Bn | 13.99 Mn | -7.24 Mn |
| 9 | Metalla Royalty & Streaming | 1.05 Bn | 1.04 Bn | 4.75 Mn | -1.43 Mn |
| 10 | Integra Resources | 548.73 Mn | 442.10 Mn | 24.85 Mn | 44.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.38 Mn |
| Mar 31, 2026 | -9.75 Mn |
| Dec 31, 2025 | -48.86 Mn |
| Sep 30, 2025 | 16.25 Mn |
| Jun 30, 2025 | 15.66 Mn |
| Mar 31, 2025 | 17.71 Mn |
| Dec 31, 2024 | 14.91 Mn |
| Sep 30, 2024 | 13.90 Mn |
| Jun 30, 2024 | 24.71 Mn |
| Mar 31, 2024 | 27.99 Mn |
| Dec 31, 2023 | 61.02 Mn |
| Sep 30, 2023 | 32.60 Mn |
| Jun 30, 2023 | 39.54 Mn |
| Mar 31, 2023 | 47.27 Mn |
| Dec 31, 2022 | 38.89 Mn |
| Sep 30, 2022 | 17.08 Mn |
| Jun 30, 2022 | 20.80 Mn |
| Mar 31, 2022 | 18.12 Mn |
| Dec 31, 2021 | 16.62 Mn |
| Sep 30, 2021 | 17.78 Mn |