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McEwen Mining (TSX:MUX) 1-Year ROIIC % : 92.72% (As of Sep. 2024)


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What is McEwen Mining 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. McEwen Mining's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 92.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for McEwen Mining's 1-Year ROIIC % or its related term are showing as below:

TSX:MUX's 1-Year ROIIC % is ranked better than
81.36% of 2430 companies
in the Metals & Mining industry
Industry Median: -1.405 vs TSX:MUX: 92.72

McEwen Mining 1-Year ROIIC % Historical Data

The historical data trend for McEwen Mining's 1-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McEwen Mining 1-Year ROIIC % Chart

McEwen Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.83 10.09 -491.43 -206.17 1.88

McEwen Mining Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 503.64 1.88 48.98 91.62 92.72

Competitive Comparison of McEwen Mining's 1-Year ROIIC %

For the Other Precious Metals & Mining subindustry, McEwen Mining's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McEwen Mining's 1-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, McEwen Mining's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where McEwen Mining's 1-Year ROIIC % falls into.



McEwen Mining 1-Year ROIIC % Calculation

McEwen Mining's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 1.7521 (Sep. 2024) - -206.7394 (Sep. 2023) )/( 849.706 (Sep. 2024) - 623.702 (Sep. 2023) )
=208.4915/226.004
=92.25%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


McEwen Mining  (TSX:MUX) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


McEwen Mining 1-Year ROIIC % Related Terms

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McEwen Mining Business Description

Address
150 King Street West, Suite 2800, Toronto, ON, CAN, M5H 1J9
McEwen Mining Inc is a mining and minerals production and exploration company focused on precious and base minerals in Argentina, Mexico, and the United States. The company's overall revenue is principally derived from the production of gold and silver. The company owns and operates the wholly-owned El Gallo 1 mine in Mexico, and has a minority shareholding in the company that operates the San Jose mine in Argentina. More than half the company's gold output is produced by the El Gallo 1 mine. The remaining gold production, and the majority of silver production, is produced by the San Jose mine. Geographically, the majority is from Canada.