---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-075735"
form_type: "8-K"
ticker: "MUX"
cik: "0000314203"
company_name: "McEwen Inc."
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:52:03.443536+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# McEwen reports Q2 net income of $3.0M vs year-ago loss; production drops to 27,554 GEOs

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-075735
- form_type: 8-K
- ticker: MUX
- cik: 0000314203
- company_name: McEwen Inc.
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314203/000110465925075735/0001104659-25-075735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314203/000110465925075735/tm2522962d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-075735
- JSON: https://secwatch.observer/filing/0001104659-25-075735.json
- Plain text: https://secwatch.observer/filing/0001104659-25-075735.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.