McEwen Q2 FY26 net income rises 216% to $9.61 million; revenue climbs 27% to $59.23 million

Reuters2026/08/05 22:48

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McEwen posted Q2 2026 net income of $9.61 million, or $0.16 per share, swinging from a profit of $3.04 million a year earlier.
Revenue rose 27% to $59.23 million, driven by a 35% lift in average realized price to $4,454 per GEO.
Gross profit climbed to $20.08 million from $12.28 million, while production costs increased to $31.15 million from $27.73 million.
Adjusted EBITDA, a non-GAAP measure, increased to $22.23 million from $17.31 million.
2026 production guidance was revised to 109,000–120,000 GEOs; Gold Bar guidance was cut to 30,000–33,000 GEOs.

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: 0001104659-26-091284), on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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McEwen Q2 FY26 net income rises 216% to $9.61 million; revenue climbs 27% to $59.23 million

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