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Toronto Stock Exchange · Basic Materials

Invest in McEwen Mining stock from India

Indian and foreign residents can buy McEwen Mining (MUX) shares directly through Paasa.

By Paasa · Updated

McEwen Mining at a glance

Price
CA$25.62+CA$0.10 (0.39%)
Market cap
CA$1.53B
Day range
CA$25.20 – CA$25.95
P/E
12.89
Dividend yield
None
Volume
42.81K
1 month
-10.14%
6 months
-4.19%
YTD
+0.55%
1 year
+10.24%
5 years
+94.09%

Live chart and statistics

McEwen Mining statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$197.6M$174.5M$166.2M$110.4M$136.5M
Gross profit$21.7M$30.9M$17.8M−$544.0K−$6.5M
Operating income−$12.9M−$50.6M−$162.1M−$95.4M−$64.3M
Net income$34.4M−$43.7M$55.3M−$81.1M−$56.7M
Earnings per share$0.64−$0.86$1.16−$1.71−$1.25
EBITDA$17.9M$18.2M−$73.9M−$78.7M−$32.7M
Total assets$820.2M$664.6M$657.2M$528.7M$525.3M
Total debt$128.2M$42.1M$41.5M$66.4M$53.3M
Cash and short-term investments$72.1M$14.9M$24.8M$40.9M$56.1M
Shareholders' equity$546.2M$495.0M$502.4M$322.8M$375.2M
Operating cash flow$9.8M$29.5M−$39.6M−$56.6M−$20.2M
Free cash flow−$35.5M−$13.6M−$65.7M−$80.8M−$55.1M
Capital expenditure−$45.3M−$43.1M−$26.1M−$24.2M−$34.9M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
MinerosMSA.TOCA$9.79CA$2.90B
Rupert ResourcesRUP.TOCA$10.12CA$2.38B
AbraSilver ResourceABRA.TOCA$11.92CA$1.92B
CanforCFP.TOCA$15.96CA$1.87B
Alphamin ResourcesAFM.VCA$1.39CA$1.78B
Solaris ResourcesSLS.TOCA$9.98CA$1.67B
Collective MiningCNL.TOCA$17.69CA$1.64B
Avino Silver & Gold MinesASM.TOCA$7.98CA$1.40B

Peers as grouped by the data provider. This is not an investment recommendation.

Analyst price targets

Low
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High
—
Median
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Consensus
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Ratings: 7 buy · 0 hold · 0 sell. Consensus: Buy.

Published sell-side 12-month targets in CAD, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in McEwen Mining from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search MUX and buy

    Find McEwen Mining by name or by its ticker, MUX, and place your order.

Why invest in McEwen Mining from India

What McEwen Mining does

McEwen Mining Inc. focuses on the discovery, advancement, extraction, and sale of gold and silver mineral deposits across the United States, Canada, Mexico, and Argentina. The company additionally conducts exploration for copper deposits. McEwen Mining operates in the Other Precious Metals industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy McEwen Mining stock from India?

Yes. Indian residents and NRIs can buy McEwen Mining (MUX) shares directly through Paasa. McEwen Mining is listed on the Toronto Stock Exchange, in the Other Precious Metals industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell McEwen Mining shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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