McEwen Mining Q3 GEOs 38,600 (+8% YoY); McEwen Copper valued at $800M

McEwen Inc.

2023-Q3 EPS reported -$1.75 revenue$107,551,000

Q3 gold equiv. oz 38,600 (up from 35,700 YoY); 9M GEOs 104,800 (up from 97,000).
Gold Bar Mine Q3 GEOs 7,200; full-year forecast 36,500, 13% below guidance range.
Fox Complex Q3 GEOs 11,200; on track to exceed guidance midpoint; 738 days no lost-time injury.
McEwen Copper investment: Stellantis ARS 42 billion & Nuton $10M at $26/share; co. valued at $800M.
McEwen Mining retains 47.7% of McEwen Copper ($380M value) and received $6M proceeds; 14 drill rigs at Los Azules.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

McEwen Inc. updated its Q3 2023 guidance (reaffirmed).

Period: Q3 2023
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On October 30, 2023, McEwen Mining Inc. (the “Company”) issued a press release summarizing its third quarter and nine-month production results for the period ended September 30, 2023.

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McEwen Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-112931

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