secwatch.observer — SEC 8-K summary
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Issuer:     McEwen Inc. (MUX)
CIK:        0000314203
Form:       8-K
Filed at:   2026-08-07T20:15:34+00:00
Accession:  0001104659-26-092719
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McEwen Q2 net income $9.6M ($0.16/sh) vs $3.0M; raises Fox guidance, cuts Gold Bar
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- Q2 net income $9.6M ($0.16/sh) vs $3.0M ($0.06/sh) in Q2 2025; revenue $59.2M up 27% YoY on 13,948 GEOs sold.
- Fox Complex 2026 production guidance raised to 20,000-23,000 GEOs from 16,000-19,000; AISC unchanged at $2,650-$2,850/GEO.
- Gold Bar Complex 2026 guidance cut to 30,000-33,000 GEOs from 39,000-43,000; AISC raised to $2,900-$3,200/GEO due to heap leach issues.
- Exploration: Grey Fox hits 97.7 gpt Au over 4.4m; Tartan new Central Zone discovery; Stock Mine life extended to 8.5 years.
- San José dividend $49.4M in Q2, $58.2M YTD 2026, exceeding $40-50M estimate; McEwen Copper FID progress at 27%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314203/000110465926092719/0001104659-26-092719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314203/000110465926092719/tm2622532d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-092719

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