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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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