MCEWEN MINING INC. MUX Income Statement

Mcewen mining inc. (MUX)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
REVENUE:
Gold and silver sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,423	14,613	21,190	11,411	22,503	16,160	22,882	13,683	8,853	11,637	11,130	10,247	11,778	10,459	13,498	-	456	-	-	-	-	-	-	-	-
Revenue
31,400	32,362	32,691	36,383	15,583	26,188	26,896	33,806	41,285	24,092	13,430	15,110	14,833	11,162	13,423	14,613	21,190	11,411	22,503	16,160	22,882	13,683	8,853	11,637	11,130	10,247	11,778	10,459	13,498	-9,458	11,696	679	3,049	-	-	-	-	-	-
OPERATING EXPENSES:
Production costs applicable to sales
28,387	-	-	-	11,148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and depletion
6,698	-	-	-	3,006	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods and services sold
-	-	-	-	-	-	-	-	-	-	-	6,550	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and depletion
-	-	7,488	7,007	-	-	3,143	4,099	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross (loss) profit
-3,685	1,261	1,619	4,677	1,429	2,086	6,013	9,092	14,891	-	4,781	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OTHER OPERATING EXPENSES:
Production costs applicable to sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,409	5,763	9,067	5,695	11,170	7,288	10,454	10,184	10,997	10,900	8,527	7,816	7,907	8,278	10,593	-	119	-	-	-	-	-	-	-	-
Mine operating costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,406	3,494	-	-	-	-	-	-	-
Mine construction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	567	217	939	-	662	-	-	-1,768	4,671	6,994	4,363	-	-	-	-	-	-
Mine development costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	934	1,316	698	720	112	163	174	75	31	155	1,568	193	85	98	471	-	-	-	-	-	-	-	-	-	-
Exploration costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,166	1,689	1,740	1,546	1,830	3,080	2,342	3,709	2,306	2,637	2,680	2,765	2,575	4,889	14,600	18,614	6,708	10,073	11,784	10,333	15,115	10,626	6,909	4,747	4,189
Property holding
-	-	-	-	-	-	-	-	1,411	-	1,979	423	1,188	239	1,892	258	1,147	275	2,073	496	1,492	1,797	2,380	734	1,454	507	2,384	316	1,377	3,080	2,147	407	1,573	-6	2,362	155	953	2,692	471
Advanced projects
2,550	2,638	2,140	2,095	2,647	-	5,230	2,756	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration
3,790	-	-	5,872	4,150	-	-	9,609	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
2,064	4,707	2,645	3,172	2,261	749	2,192	2,997	5,187	-761	4,734	4,078	4,293	4,133	3,233	2,600	2,768	3,284	2,276	3,277	3,208	3,080	2,549	3,213	3,227	3,096	2,496	4,217	4,192	3,906	4,119	4,089	4,727	-152	3,460	2,351	1,376	1,098	1,245
Accretion of asset retirement obligation (note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	110	131	101	-	100	108	101	114	113	121	113	105	110	120	112	124	134	137	129	89	116
Loss from investment in Minera Santa Cruz S.A. (note 9)
-2,676	-1,979	-328	-4,137	-2,310	-4,415	-4,973	-2,265	-212	491	-462	-263	190	-838	4,693	4,133	4,963	6,378	-1,641	-2,652	329	-5,434	-4,441	-2,438	7,029	594	2,040	-1,551	-237	5,867	11,240	679	3,049	-	-	-	-	-	-
Depreciation
115	149	96	169	152	-	279	273	-	328	316	482	327	360	312	258	239	251	211	208	272	286	239	229	225	211	204	245	282	283	266	263	221	139	179	139	120	101	109
Depreciation
-	-	-	-	-	-	-	-	360	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63	8	47	1,395	-	-	-	-	-	-
Revision of estimates and accretion of asset retirement obligations (note 11)
660	2,148	495	427	461	2,568	314	288	294	1,520	320	116	105	213	125	133	124	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of property and equipment (note 6)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	95,878	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	0	10	8	3
Impairment of mineral property interests and plant and equipment (note 8)
83,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,198	28,542	-	-	-	120,398	-	-	6,287	27,729	-	-	2,902	179	-	-	-	-	-	-	5,878
Total other operating expenses
-	-	19,399	15,872	-	20,566	21,219	18,188	19,298	3,383	11,549	9,168	22,266	-12,174	10,378	7,884	10,820	38,117	20,621	45,837	17,714	279,189	23,602	141,011	11,692	43,778	20,623	150,113	31,865	25,339	22,321	25,538	24,173	16,061	21,239	13,408	9,477	8,719	12,005
Operating loss
-99,345	-24,387	-17,780	-11,195	-10,552	-18,480	-15,206	-9,096	-4,407	-9,467	-6,768	-2,618	-7,433	-4,797	3,045	6,729	10,370	-26,706	1,882	-29,677	5,168	-265,506	-14,749	-129,374	-562	-33,531	-8,845	-139,654	-18,367	-34,797	-10,625	-24,859	-21,124	-16,061	-21,239	-13,408	-9,477	-8,719	-12,005
OTHER INCOME (EXPENSE):
Interest and other finance expense, net
-1,877	-2,871	-650	-2,783	-513	-1,007	-832	354	-134	-458	-303	-109	-68	81	599	-73	228	-11	-715	3,228	-98	-	347	-	75	63	60	68	71	30	16	57	125	152	19	22	9	31	24
Other income (note 4)
937	857	4,773	463	1,047	-	1,135	1,222	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on derivatives (note 2)
-	-	-	-	-	-	-	-	-	-	-933	-722	1,791	-	-197	1,719	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on litigation settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	560	-	-	-	-	-	-	-	-	-	-
Net interest and other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency gain
-	-	-	-	-	-	-	-	927	-	-276	1,050	25	-51	130	-281	783	2,272	-162	8	-212	-1,487	-633	284	-583	-215	-159	-1,226	291	-13	423	79	-33	301	-1,529	238	221	523	-733
Total other income (expense)
-940	-2,014	4,123	-2,320	534	-388	303	1,576	-1,942	-667	-1,868	1,059	1,759	-113	556	768	748	2,261	-868	3,240	-310	-1,734	-6,998	318	-508	-152	-48	-1,432	922	-3,813	1,602	-1,782	1,500	-423	-2,441	254	743	549	-697
(Loss) gain on sale of assets
-	-	-	-	-	-	-	-	-	-	0	0	11	-	24	-	-	-	9	-	-	-	8	18	-	-	50	-6,791	-	-155	1,135	128	2	-	-	-	-	-	-
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-46	6	11	5	-12
Gain (loss) on investments (note 2)
-	-	-	-	-	-	-	233	-2,735	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51	-	-	0	1,233	434	1,408	408	1,143	0	524	-	-
(Loss) gain on sale of marketable equity securities (note 2)
-	-	-	-	-	-	-	-	-	-	-	840	-	-	0	0	22	-	-	4	-	-	-	-	-	-	-	-	-	-	-70	-	-	-	19	-	-	-	-
Other-than-temporary impairment on marketable equity securities (note 2)
-	-	-	-	-	-	-	-	-	-	356	-	-	-	0	597	285	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,993	-	-	-	-	-	-	-
Registration taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,712	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on gold and silver bullion held as investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-274	-	-	-	-359	-	-	-2,139	-	-	-	-
Loss before income and mining taxes
-100,285	-26,401	-13,657	-13,515	-10,018	-18,868	-14,903	-7,520	-6,349	-10,134	-8,636	-1,559	-5,674	-4,910	3,601	7,497	11,118	-24,445	1,014	-26,437	4,858	-267,240	-21,747	-129,056	-1,070	-33,683	-8,893	-141,086	-17,445	-38,610	-9,023	-26,641	-19,624	-16,484	-23,680	-13,154	-8,734	-8,170	-12,702
Income and mining tax recovery (expense)
-1,094	-1,269	-2,192	-501	118	2,121	-1,613	-2,140	-1,138	-12,302	-564	153	-2,656	-419	-607	-856	-1,867	-9,457	-1,619	-12,321	-1,163	-54,465	-8,714	-25,034	-18,957	-22,340	-12,157	-12,405	-6,463	-12,325	-6,369	-6,277	-2,273	-	-	-	-	-	-1,999
Net loss
-99,191	-25,132	-11,465	-13,014	-10,136	-20,989	-13,290	-5,380	-5,211	2,168	-8,072	-1,712	-3,018	-4,491	4,208	8,353	12,985	-14,988	2,633	-14,116	6,021	-212,775	-13,033	-104,022	17,887	-11,343	3,264	-128,681	-10,982	-26,285	-2,654	-20,364	-17,351	-16,304	-23,680	-13,154	-8,734	-8,170	-
OTHER COMPREHENSIVE (LOSS) INCOME:
Reclassification of unrealized gain on marketable equity securities disposed of during the period, net of taxes
-	-	-	-	-	-	-	-	-	-	-	840	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other-than-temporary impairment on marketable equity securities (note 3)
-	-	-	-	-	-	-	-	-	-	356	-	-	-	0	597	285	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,993	-	-	-	-	-	-	-
Unrealized gain on marketable equity securities, net of taxes
-	-	-	-	-	-	-	-	-	-248	-1,573	-236	3,875	-181	290	1,624	-124	177	-479	-482	-165	418	-2	2	1	-	-	-	-	-1,003	-1	1,375	-376	-769	89	-1,463	597	-	-
Comprehensive (loss)
-	-	-	-	-	-	-	-	-	1,920	-9,289	-2,788	857	-4,387	4,498	10,574	12,861	-14,811	2,154	-14,598	5,856	-212,357	-13,035	-104,020	17,888	-11,344	3,264	-128,681	-10,982	-26,288	-2,655	-18,989	-17,727	-17,073	-23,591	-14,617	-8,137	-8,170	-
Net loss per share (note 13):
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-0.03	-0.01	-0.01	-	0.01	0.03	0.04	-0.05	0.01	-0.05	0.02	-0.72	-0.04	-0.35	0.06	-0.04	0.01	-0.43	-0.04	-	-0.01	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-0.03	-0.01	-0.01	-	0.01	0.03	0.04	-0.05	0.01	-0.05	0.02	-	-0.04	-	0.06	-	0.01	-0.43	-0.04	-	-0.01	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,154	-	-	-10,703
Unrealized loss on available-for-sale securities, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,463	-	-	-8
Comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,617	-	-	-10,711
Basic and Diluted (in dollars per share)
-0.25	-0.07	-0.03	-0.04	-0.03	-0.05	-0.04	-0.02	-0.02	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.08	-0.07	-	-0.17	-0.09	-0.07	-0.07	-0.09
Weighted average common shares outstanding (thousands) (note 13):
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	314,077	308,523	299,575	300,099	298,510	298,237	298,242	303,049	300,530	300,530	297,255	299,565	297,164	297,164	297,159	297,164	297,125	297,097	296,778	-	268,373	-	-	182,483	139,725	139,646	128,914	121,996	121,918
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	314,077	308,523	299,575	302,506	301,045	299,791	298,554	303,038	300,530	300,530	297,266	-	297,164	-	298,410	-	297,899	297,097	296,778	-	268,373	-	-	182,483	139,725	139,646	128,914	121,996	121,918
Basic and Diluted (in shares)
400,370	399,650	362,175	346,998	338,557	337,761	337,278	337,087	337,062	-	314,077	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	268,009	233,994	-	-	-	-	-	-
Shareholders' distribution declared per common share (note 13)
-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gold and silver sales
Revenue
31,400	32,362	32,691	36,383	15,583	26,432	26,896	33,806	41,041	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other revenue
Revenue
-	-	-	-	-	-	-	-	244	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Production costs applicable to sales
Production costs applicable to sales
28,387	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods and services sold
-	-	23,584	24,699	-	16,265	17,740	20,615	26,394	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mine development
Cost of goods and services sold
-	-	-	-	-	-	-	-	380	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration
Cost of goods and services sold
-	-	13,695	5,872	-	-	8,231	9,609	11,454	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-