McEwen Inc. (MUX) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
MUX currently has 58.9M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 19.81% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 06, 2026 |
10-Q filing | 58.9M shares outstanding |
59M | 0 |
| Nov 05, 2025 |
10-Q filing | 54.2M shares outstanding |
54M | 0 |
| Aug 06, 2025 |
10-Q filing | 54.0M shares outstanding |
54M | 0 |
| May 07, 2025 |
10-Q filing | 53.3M shares outstanding |
53M | 0 |
| Mar 14, 2025 |
10-K filing | 51.0M shares outstanding |
51M | 0 |
| Feb 11, 2025 |
8-K filing: McEwen Mining Inc. issued $110 million in convertible senior notes and entered into capped call transactions to reduce potential dilution upon conversion of the notes. |
52M | 0 |
| Feb 03, 2025 |
8-K filing: McEwen Mining Inc. agreed to issue 868,056 shares of its common stock to Goliath Resources Limited in exchange for Goliath shares and warrants. |
52M | 0 |
| Nov 05, 2024 |
10-Q filing | 52.0M shares outstanding |
52M | 0 |
| Aug 07, 2024 |
10-Q filing | 49.7M shares outstanding |
50M | 0 |
| Jul 18, 2024 |
8-K filing: McEwen Mining Inc., through its subsidiary Minera Andes Inc., and Evanachan Limited consummated investments in McEwen Copper, purchasing 466,667 and 166,666 common shares, respectively, at $30.00 per share. ($19.0M proceeds) |
49M | 0 |
| Jun 27, 2024 |
8-K filing: On June 24, 2024, the Company announced a non-brokered private placement financing of up to 2,333,333 common shares of McEwen Copper Inc. at a subscription price of US$30.00 per common share, for gross proceeds of up to US$70 million. ($70.0M proceeds) |
49M | 0 |
| Jun 14, 2024 |
8-K filing: McEwen Mining Inc. entered into definitive agreements for the purchase and sale of 1,533,000 shares of common stock, closing on June 14, 2024, with proceeds to the Company after deducting placement fees of approximately $20.8 million. ($20.8M proceeds) |
49M | 0 |
| May 31, 2024 |
8-K filing: McEwen Mining Inc. entered into a placement agency agreement for the issuance and sale of 1,533,000 shares of common stock. |
49M | 0 |
| May 08, 2024 |
10-Q filing | 49.4M shares outstanding |
49M | 0 |
| Mar 15, 2024 |
10-K filing | 47.5M shares outstanding |
48M | 0 |
| Dec 15, 2023 |
8-K filing: McEwen Mining Inc. completed a private placement of 1,903,000 shares of its common stock, receiving gross proceeds of approximately $16.1 million before deducting discounts, commissions, and other offering expenses. ($16.1M proceeds) |
47M | 0 |
| Dec 11, 2023 |
S-3/A filing: This is an S-3/A filing by McEwen Mining Inc. for a shelf offering of up to $200,000,000 of debt securities, common stock, warrants, subscription rights, subscription receipts and units. |
47M | 0 |
| Nov 08, 2023 |
10-Q filing | 47.5M shares outstanding |
47M | 0 |
| Nov 06, 2023 |
S-3 filing: McEwen Mining Inc. files an S-3 to register the offering of up to $200,000,000 in various securities, including debt securities, common stock, warrants, subscription rights, subscription receipts and units. |
47M | 0 |
| Oct 24, 2023 |
8-K filing: McEwen Copper sold 152,615 shares of its common stock to Nuton for approximately $4 million in proceeds, and McEwen Mining sold 232,000 shares of McEwen Copper common stock to Nuton for approximately $6 million. ($10.0M proceeds) |
47M | 0 |
| Oct 16, 2023 |
8-K filing: McEwen Copper Inc., a subsidiary of McEwen Mining Inc., completed agreements for the sale of common stock to Stellantis and Nuton LLC, with Stellantis purchasing 1,900,000 shares for gross proceeds of $119,976,004.80 and Nuton purchasing 152,615 shares for $4 million, along with a secondary sale of 232,000 shares from McEwen Mining to Nuton for $6 million. ($129.98M proceeds) |
47M | 0 |
| Aug 09, 2023 |
10-Q filing | 47.4M shares outstanding |
47M | 0 |
| May 08, 2023 |
10-Q filing | 47.4M shares outstanding |
47M | 0 |
| Mar 14, 2023 |
10-K filing | 47.4M shares outstanding |
47M | 0 |
| Mar 01, 2023 |
8-K filing: McEwen Mining Inc. subsidiary, McEwen Copper Inc., completed private placements of its common stock to Stellantis and Nuton LLC for a total of $185,385,000. ($185.39M proceeds) |
51M | 0 |
| Nov 04, 2022 |
10-Q filing | 50.8M shares outstanding |
51M | 0 |
| Sep 06, 2022 |
8-K filing: McEwen Copper Inc., a subsidiary of McEwen Mining Inc., consummated subscription agreements for the sale of 2,685,000 shares of McEwen Copper common stock for $26,850,000 in gross proceeds to a group of investors, marking the final closing of a private placement initiated in August 2021, with Nuton LLC acquiring an approximate 9.73% interest in McEwen Copper. ($26.85M proceeds) |
47M | 0 |
| Aug 10, 2022 |
10-Q filing | 47.4M shares outstanding |
47M | 0 |
| Jul 27, 2022 |
Stock Split
8-K filing: Stock split 1-for-10 | Outstanding: 464,021,000 → 46,402,100 |
46M | 0 |
| Jun 23, 2022 |
8-K filing: McEwen Copper, a subsidiary of McEwen Mining Inc., sold 1,500,000 shares of common stock in a private placement for gross proceeds of $15,000,000. ($15.0M proceeds) |
460M | 0 |
| May 10, 2022 |
10-Q filing | 464.0M shares outstanding |
460M | 0 |
| Mar 07, 2022 |
10-K filing | 454.9M shares outstanding |
450M | 0 |
| Mar 03, 2022 |
8-K filing: McEwen Mining Inc. completed a private placement offering of 14,500,000 shares of its common stock at a gross proceeds of approximately $15 million. ($15.0M proceeds) |
460M | 0 |
| Nov 03, 2021 |
10-Q filing | 459.2M shares outstanding |
460M | 0 |
| Aug 25, 2021 |
8-K filing: McEwen Copper Inc., a subsidiary of McEwen Mining Inc., sold 4,000,000 common shares to Evanachan Limited at $10 per share as part of a private placement. ($40.0M proceeds) |
460M | 0 |
| Aug 04, 2021 |
10-Q filing | 459.2M shares outstanding |
460M | 0 |
| May 07, 2021 |
10-Q filing | 459.2M shares outstanding |
460M | 0 |
| Mar 10, 2021 |
10-K filing | 403.5M shares outstanding |
400M | 0 |
| Feb 09, 2021 |
8-K filing: McEwen Mining Inc. completed an offering of 30,000,000 shares of common stock at $1.05 per share, resulting in gross proceeds of $31.5 million. ($31.5M proceeds) |
410M | 0 |
| Dec 31, 2020 |
8-K filing: McEwen Mining Inc. closed a non-brokered private placement of 7,669,900 shares of common stock, receiving gross proceeds of approximately $9.8 million. ($9.8M proceeds) |
410M | 0 |
| Oct 29, 2020 |
10-Q filing | 408.8M shares outstanding |
410M | 0 |
| Aug 06, 2020 |
10-Q filing | 402.5M shares outstanding |
400M | 0 |
| Jun 29, 2020 |
8-K filing: McEwen Mining Inc. entered into an Amended and Restated Credit Agreement with Sprott Private Resource Lending II (Collector), LP and Evanachan Limited, refinancing the previous credit facility and issuing 2,091,700 shares of its common stock to the lenders as additional consideration. ($1.88M proceeds) |
400M | 0 |
| May 18, 2020 |
10-Q filing | 400.4M shares outstanding |
400M | 0 |
| Mar 16, 2020 |
10-K filing | 361.8M shares outstanding |
360M | 0 |