McEwen Mining: Q3 2024 Results
McEwen Mining Inc. (MUX)
Last mcewen mining inc. earnings: 3/16 05:01 pm
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US:NYSE Investor Relations:
mcewenmining.com/investor-relations/stock-information/default.aspx
Company Research
Source: GlobeNewswire
TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today released its financial and operational results for the third quarter ended September 30, 2024 (“Q3”). The Company achieved significant improvements in revenue and operating profitability, driven by higher gold prices and strong production. The results reflect McEwen Mining’s ongoing commitment to expanding gold and silver production, advancing its large copper project and robust investment in exploration programs. Financial Highlights (Q3 2024 vs Q3 2023) Revenue increased 36% to $52.3 million due to higher realized gold prices and an increase in gold equivalent ounces (GEOs) produced for our 100%-owned mines. Average gold price sold was $2,499 per ounce in Q3 vs $1,920 in Q3 2023. Gross profit increased 268% to $13.8 million due to higher gold prices, improved operational efficiencies and higher production. Net loss significantly decreased to $2.1 million or $0.04 per share, compared to a
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MUX
News
- McEwen Copper obtains environmental permit for Los Azules project in Argentina [Yahoo! Finance]Yahoo! Finance
- McEwen Copper Secures Environmental Permit for Construction and Operation of Los Azules [Yahoo! Finance]Yahoo! Finance
- McEwen Copper Secures Environmental Permit for Construction and Operation of Los AzulesGlobeNewswire
- McEwen Mining: Grey Fox Exploration Update - Exploration Has Opened Up New Possibilities For Resource and Production Growth [Yahoo! Finance]Yahoo! Finance
- McEwen Mining: Grey Fox Exploration Update - Exploration Has Opened Up New Possibilities For Resource and Production GrowthGlobeNewswire
MUX
Earnings
- 11/5/24 - Beat
MUX
Sec Filings
- 11/8/24 - Form 8-K
- 11/5/24 - Form 10-Q
- 9/6/24 - Form EFFECT
- MUX's page on the SEC website