---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-108062"
form_type: "8-K"
ticker: "MUX"
cik: "0000314203"
company_name: "McEwen Inc."
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T23:13:11.764695+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# McEwen Q3 net loss $0.5M; cuts FY GEO guidance to 112K-123K from 120K-140K

## Summary
- Q3 revenue $50.5M (-3% YoY); net loss $0.5M ($0.01/sh); adj. EBITDA $11.8M.
- Gold Bar mine: FY GEO guide cut to 32K-35K (from 40K-45K); cash costs raised to $2,050-2,150/oz.
- Fox Complex: FY GEO guide cut to 25K-28K (from 30K-35K); cash costs raised to $2,000-2,100/oz.
- Strategic milestones: Los Azules FS published, RIGI approved; Canadian Gold Corp acquisition expected Jan 2026.
- Cash $51.2M; debt $130M (convertible notes $110M); McEwen Copper implied value $456M.

## SEC filing metadata
- accession: 0001104659-25-108062
- form_type: 8-K
- ticker: MUX
- cik: 0000314203
- company_name: McEwen Inc.
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314203/000110465925108062/0001104659-25-108062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314203/000110465925108062/tm2530411d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-108062
- JSON: https://secwatch.observer/filing/0001104659-25-108062.json
- Plain text: https://secwatch.observer/filing/0001104659-25-108062.txt

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