McEwen Inc. Reports Strong Q2 2025 Financial Turnaround with $3 Million Net Income

McEwen Inc. has announced a notable financial turnaround in its second-quarter results for 2025, reporting a net income of $3 million, or $0.06 per share, a stark contrast to the $13 million loss recorded in the same period the previous year. This improvement is attributed to stronger gold prices and enhanced operational margins, showcasing the company's resilience and strategic positioning in the volatile commodities market. The company's adjusted EBITDA also saw a significant rise to $17.3 million, generated from $46.7 million in revenue, with the sale of 14,549 gold equivalent ounces (GEOs).

Despite a year-over-year decrease in production, McEwen Inc. has confidently reaffirmed its full-year guidance, projecting the production of 120,000 to 140,000 GEOs. Additionally, the company anticipates lower unit costs in the latter half of the year, further solidifying its financial outlook. Key to McEwen's future growth are its development projects, including a 46.4% stake in McEwen Copper and the anticipated Los Azules Feasibility Study, expected by late Q3 2025. These initiatives, along with seven near-term catalysts identified through 2026, underscore the company's commitment to expanding its footprint in the gold, copper, and silver sectors across the Americas.

The Los Azules copper project, in particular, is poised to become one of the world's first regenerative copper mines, with an ambitious goal of achieving carbon neutrality by 2038. Rob McEwen, Chairman and Chief Owner, has been a pivotal figure in the company's strategy, personally investing US$205 million and forgoing a traditional salary in favor of a $1 annual compensation. His vision for McEwen Inc. is clear: to build shareholder value and eventually establish a dividend, mirroring his successful tenure at Goldcorp Inc. For more details on McEwen Inc.'s latest developments and financial performance, visit https://ibn.fm/1u4yV.