earnings
confidence high
sentiment positive
materiality 0.70
McEwen reports Q2 net income of $3.0M vs year-ago loss; production drops to 27,554 GEOs
McEwen Inc.
2025-Q2 EPS reported
-$0.06
revenue$82,396,000
- Net income of $3.0M ($0.06/share) vs net loss of $13.0M ($0.26) in Q2 2024; Adjusted EBITDA $17.3M ($0.32/share).
- Revenue $46.7M from 14,549 GEOs at avg realized price $3,298/oz, vs $47.5M from 20,630 GEOs at $2,355/oz in Q2 2024.
- Cash and equivalents $53.6M (up from $13.7M); working capital $61.8M vs negative $6.5M at Dec 2024.
- Full-year production guidance reaffirmed at 120,000–140,000 GEOs; costs per GEO expected to decrease in H2 2025.
- Signed binding LOI to acquire Canadian Gold Corp.; Los Azules Feasibility Study expected late Q3 2025.
item 2.02item 9.01