secwatch.observer — SEC 8-K summary
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Issuer:     McEwen Inc. (MUX)
CIK:        0000314203
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001104659-25-075735
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314203/000110465925075735/0001104659-25-075735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314203/000110465925075735/tm2522962d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-075735

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