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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Common Shares and Additional Paid-in Capital
Accumulated Deficit
Non-controlling Interests
Total
Balance at Dec. 31, 2022 $ 1,644,145 $ (1,321,336) $ 33,465 $ 356,274
Balance (in shares) at Dec. 31, 2022 47,428      
Increase (Decrease) in Shareholders' Equity        
Stock-based compensation $ 261     261
Stock-based compensation (in shares) 21      
Restricted shares issued $ 93     93
Restricted shares issued (in shares) 43      
Proceeds from McEwen Copper Inc. financing $ 109,913   75,477 185,390
Net loss   (83,154) (24,890) (108,044)
Balance at Sep. 30, 2023 $ 1,754,412 (1,404,490) 84,052 433,974
Balance (in shares) at Sep. 30, 2023 47,492      
Balance at Jun. 30, 2023 $ 1,754,142 (1,386,039) 93,974 462,077
Balance (in shares) at Jun. 30, 2023 47,471      
Increase (Decrease) in Shareholders' Equity        
Stock-based compensation $ 177     177
Stock-based compensation (in shares) 21      
Restricted shares issued $ 93     93
Net loss   (18,451) (9,922) (28,373)
Balance at Sep. 30, 2023 $ 1,754,412 (1,404,490) $ 84,052 433,974
Balance (in shares) at Sep. 30, 2023 47,492      
Balance at Dec. 31, 2023 $ 1,768,456 (1,266,036)   502,420
Balance (in shares) at Dec. 31, 2023 49,440      
Increase (Decrease) in Shareholders' Equity        
Stock-based compensation $ 2,142     2,142
Stock-based compensation (in shares) 113      
Exercise of warrants $ 8     8
Sale of flow-through shares (Note 12) $ 14,374     14,374
Sale of flow-through shares (Note 12) (in shares) 1,533      
Shares issued to acquire Timberline Resources Corporation (Note 12) $ 17,706     17,706
Shares issued to acquire Timberline Resources Corporation (Note 12) (in shares) 1,839      
Warrants assumed in acquisition of Timberline Resources Corporation (Note 12) $ 913     913
Net loss   (35,459)   (35,459)
Balance at Sep. 30, 2024 $ 1,803,599 (1,301,495)   502,104
Balance (in shares) at Sep. 30, 2024 52,925      
Balance at Jun. 30, 2024 $ 1,784,623 (1,299,414)   485,209
Balance (in shares) at Jun. 30, 2024 51,073      
Increase (Decrease) in Shareholders' Equity        
Stock-based compensation $ 357     357
Stock-based compensation (in shares) 13      
Shares issued to acquire Timberline Resources Corporation (Note 12) $ 17,706     17,706
Shares issued to acquire Timberline Resources Corporation (Note 12) (in shares) 1,839      
Warrants assumed in acquisition of Timberline Resources Corporation (Note 12) $ 913     913
Net loss   (2,081)   (2,081)
Balance at Sep. 30, 2024 $ 1,803,599 $ (1,301,495)   $ 502,104
Balance (in shares) at Sep. 30, 2024 52,925