McEwen Inc. reports Q3 net loss of $0.5 million on lower gross profit and higher production costs

Reuters
11/06
McEwen Inc. reports Q3 net loss of $0.5 million on lower gross profit and higher production costs

McEwen Inc. reported revenue from gold and silver sales of $50.5 million for the third quarter of 2025, down from $52.3 million in the same period in 2024. Production costs applicable to sales rose to $35.2 million from $29.7 million a year earlier. The company posted a gross profit of $7.8 million in Q3 2025, compared to $13.8 million in Q3 2024, citing increased production costs from processing lower grade material at the Gold Bar Mine Complex and decreased revenues. Net loss for the quarter was $0.5 million, or $0.01 per share, improving from a net loss of $2.1 million, or $0.04 per share, in Q3 2024, primarily due to an $8.1 million unrealized gain on investments in marketable securities and a $1.3 million income tax recovery. Adjusted EBITDA for Q3 2025 was $11.8 million, or $0.22 per share, compared to $10.5 million, or $0.20 per share, in Q3 2024. In corporate developments, Ian Ball was appointed as Vice-Chairman of McEwen Inc. in September 2025, a new executive position to support the company's strategic growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McEwen Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-107117), on November 05, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10