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Side-by-side financial comparison of McEwen Inc. (MUX) and SILVERCORP METALS INC (SVM). Click either name above to swap in a different company.

SILVERCORP METALS INC is the larger business by last-quarter revenue ($223.8M vs $64.6M, roughly 3.5× McEwen Inc.). McEwen Inc. runs the higher net margin — 59.0% vs -1.3%, a 60.3% gap on every dollar of revenue. Over the past eight quarters, SILVERCORP METALS INC's revenue compounded faster (87.6% CAGR vs 25.2%).

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

Silvercorp Metals Inc. (Silvercorp) is a Canadian-based, China-focused precious metals company engaged in the acquisition, exploration, and development of silver-containing properties.

MUX vs SVM — Head-to-Head

Bigger by revenue
SVM
SVM
3.5× larger
SVM
$223.8M
$64.6M
MUX
Higher net margin
MUX
MUX
60.3% more per $
MUX
59.0%
-1.3%
SVM
Faster 2-yr revenue CAGR
SVM
SVM
Annualised
SVM
87.6%
25.2%
MUX

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MUX
MUX
SVM
SVM
Revenue
$64.6M
$223.8M
Net Profit
$38.1M
$-2.9M
Gross Margin
26.9%
Operating Margin
34.2%
Net Margin
59.0%
-1.3%
Revenue YoY
92.8%
Net Profit YoY
563.1%
EPS (diluted)
$0.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MUX
MUX
SVM
SVM
Q4 25
$64.6M
$223.8M
Q3 25
$50.5M
Q2 25
$46.7M
$72.2M
Q1 25
$35.7M
Q4 24
$33.5M
$172.5M
Q3 24
$52.3M
$114.0M
Q2 24
$47.5M
$60.0M
Q1 24
$41.2M
Net Profit
MUX
MUX
SVM
SVM
Q4 25
$38.1M
$-2.9M
Q3 25
$-462.0K
Q2 25
$3.0M
$28.1M
Q1 25
$-6.3M
Q4 24
$-8.2M
$42.1M
Q3 24
$-2.1M
$28.0M
Q2 24
$-13.0M
$13.2M
Q1 24
$-20.4M
Gross Margin
MUX
MUX
SVM
SVM
Q4 25
26.9%
Q3 25
15.5%
Q2 25
26.3%
Q1 25
28.2%
Q4 24
1.1%
Q3 24
26.4%
Q2 24
22.7%
Q1 24
14.6%
Operating Margin
MUX
MUX
SVM
SVM
Q4 25
34.2%
Q3 25
-16.7%
Q2 25
-7.2%
Q1 25
-21.4%
Q4 24
-43.4%
30.5%
Q3 24
-0.2%
30.7%
Q2 24
-29.4%
30.0%
Q1 24
-53.3%
Net Margin
MUX
MUX
SVM
SVM
Q4 25
59.0%
-1.3%
Q3 25
-0.9%
Q2 25
6.5%
39.0%
Q1 25
-17.6%
Q4 24
-24.6%
24.4%
Q3 24
-4.0%
24.5%
Q2 24
-27.4%
22.0%
Q1 24
-49.4%
EPS (diluted)
MUX
MUX
SVM
SVM
Q4 25
$0.66
Q3 25
$-0.01
Q2 25
$0.06
Q1 25
$-0.12
Q4 24
$-0.15
Q3 24
$-0.04
Q2 24
$-0.26
Q1 24
$-0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MUX
MUX
SVM
SVM
Cash + ST InvestmentsLiquidity on hand
$72.1M
Total DebtLower is stronger
$126.2M
Stockholders' EquityBook value
$546.2M
Total Assets
$820.2M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MUX
MUX
SVM
SVM
Q4 25
$72.1M
Q3 25
$75.4M
Q2 25
$69.5M
Q1 25
$79.3M
Q4 24
$15.3M
Q3 24
$30.2M
Q2 24
$42.6M
Q1 24
$22.0M
Total Debt
MUX
MUX
SVM
SVM
Q4 25
$126.2M
Q3 25
$126.0M
Q2 25
$125.8M
Q1 25
$125.5M
Q4 24
$40.0M
Q3 24
$31.0M
Q2 24
$34.0M
Q1 24
$37.0M
Stockholders' Equity
MUX
MUX
SVM
SVM
Q4 25
$546.2M
Q3 25
$488.6M
Q2 25
$484.5M
Q1 25
$479.8M
Q4 24
$495.0M
Q3 24
$502.1M
Q2 24
$485.2M
Q1 24
$482.5M
Total Assets
MUX
MUX
SVM
SVM
Q4 25
$820.2M
Q3 25
$747.6M
Q2 25
$735.6M
Q1 25
$730.6M
Q4 24
$664.6M
Q3 24
$667.8M
Q2 24
$645.1M
Q1 24
$638.7M
Debt / Equity
MUX
MUX
SVM
SVM
Q4 25
0.23×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.08×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MUX
MUX
SVM
SVM
Operating Cash FlowLast quarter
$3.1M
$107.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MUX
MUX
SVM
SVM
Q4 25
$3.1M
$107.9M
Q3 25
$5.2M
Q2 25
$478.0K
$40.0M
Q1 25
$-1.9M
Q4 24
$-1.2M
$81.3M
Q3 24
$23.2M
$57.7M
Q2 24
$3.6M
$28.9M
Q1 24
$3.9M
Free Cash Flow
MUX
MUX
SVM
SVM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$33.8M
Q2 24
$17.0M
Q1 24
FCF Margin
MUX
MUX
SVM
SVM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
29.6%
Q2 24
28.3%
Q1 24
Capex Intensity
MUX
MUX
SVM
SVM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
21.0%
Q2 24
19.8%
Q1 24
Cash Conversion
MUX
MUX
SVM
SVM
Q4 25
0.08×
Q3 25
Q2 25
0.16×
1.42×
Q1 25
Q4 24
1.93×
Q3 24
2.06×
Q2 24
2.19×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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