NYSE$MUX

McEwen Mining Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

McEwen Mining reported increased production at Fox Complex, Gold Bar, San Jose mines and advancement of Los Azules project.

McEwen Mining Inc. reported fourth quarter and full year results for the period ended December 31, 2021. Production increased at Fox Complex, Gold Bar, and San José mines. Activities at Los Azules ramped up with the opening of the seasonal exploration road and the start of construction of a new all-year access road.

  • Fox production for Q4 2021 was 18% higher compared to Q4 2020.
  • Gold Bar production for Q4 2021 was 66% higher compared to Q4 2020.
  • San José attributable production for Q4 was 38% higher compared to Q4 2020.
  • Activities at Los Azules ramped up in Q4, with drilling starting in January 2022.

Headline financials

Total Revenue

$35M

Previous: $27.7M+26.3%
EPS (adj)

-$0.50

Previous: -$0.60+16.7%
Net Income

-$20.9M

Previous: -$23.5M+11.4%
Operating Income

-$22.5M

Previous: -$22.6M+0.5%
Gross Profit

-$5.9M

Previous: -$13.7M+56.9%
Cash & Equivalents

$54.3M

Previous: $49M+10.8%
Total Assets

$525M

Previous: $500M+5.1%

Revenue & EPS history

McEwen Mining · Revenue · Quarterly

$35M

Q4 2021+26.3%vs Q4 2020
Beat estimate in 5 of 12 quarters(42%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.2%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+0.9%

Avg return

30 days after

40%

24 / 60 earnings

Positive

+22.1%

Q3 2022

Best reaction

-14.6%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.9%+18.4%-13.8%
Q4 2025-4.9%-14.6%-5.7%
Q3 2025+1.6%-0.6%+9.1%
Q1 2025+0.0%+7.6%+34.8%
Q4 2024+4.4%+0.7%-0.1%
Q3 2024-0.8%-2.7%-4.5%
Q2 2024-0.5%+1.6%+2.2%
Q1 2024-14.6%-15.8%-12.1%
Q4 2023+15.3%+36.4%+66.0%
Q3 2023+8.6%+3.0%+18.7%
Q2 2023-5.7%-3.2%-7.7%
Q1 2023-7.4%-10.1%-13.8%
Q4 2022-7.1%+2.6%+26.6%
Q3 2022+22.1%+41.3%+54.1%
Q2 2022-5.9%-6.7%-0.8%
Q1 2022-11.4%-12.8%-4.7%
Q4 2021-2.3%+1.0%+6.3%
Q3 2021-0.9%+1.8%-15.7%
Q2 2021-4.1%-13.2%-1.7%
Q1 2021+0.0%-2.4%+15.2%
Q4 2020+3.7%+3.7%+9.2%
Q3 2020+0.1%+0.9%+0.9%
Q2 2020-4.1%-14.4%-14.4%
Q1 2020-10.3%-9.4%-8.4%
Q4 2019+18.2%+1.5%-4.1%
Q3 2019-0.6%+4.2%-32.7%
Q2 2019-6.5%+0.0%+8.6%
Q1 2019+2.2%+1.4%-5.1%
Q4 2018+4.7%-0.5%-12.5%
Q3 2018-7.1%-7.1%-16.6%
Q2 2018-4.8%-4.3%-15.7%
Q1 2018+0.5%+1.0%+8.2%
Q4 2017-2.8%-5.6%+0.0%
Q3 2017-1.0%+2.1%+0.5%
Q2 2017-5.2%-12.7%+4.4%
Q1 2017-4.6%-6.0%-8.9%
Q4 2016-7.0%-9.6%-11.4%
Q3 2016+6.0%-1.2%-8.1%
Q2 2016-2.5%-1.1%-11.6%
Q1 2016+2.1%
Q4 2015-5.0%
Q3 2015-3.5%
Q2 2015+0.2%
Q1 2015+7.9%
Q4 2014-8.7%
Q3 2014-0.8%
Q2 2014+2.9%
Q1 2014-3.2%
Q4 2013+2.0%
Q3 2013+0.0%
Q2 2013+12.9%
Q1 2013-1.4%
Q4 2012+7.2%
Q3 2012-0.4%
Q2 2012+4.4%
Q1 2012+1.8%
Q4 2011-8.2%
Q4 2010-9.2%
Q3 2010+7.9%
Q1 2010+4.0%

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