McEwen Mining Inc
TSX:MUX

Watchlist Manager
McEwen Mining Inc Logo
McEwen Mining Inc
TSX:MUX
Watchlist
Price: 26.72 CAD 2.49% Market Closed
Market Cap: 1.4B CAD

McEwen Mining Inc
Investor Relations

McEwen Mining, Inc. engages in the the production and exploration of precious and base metals, It operates through the following geographical segments: USA, Canada, Mexico, MSC , and Los Azules. The company is headquartered in Toronto, Ontario and currently employs 430 full-time employees. The firm is engaged in the exploration, development, production and sale of gold and silver and exploration and development of copper. The firm is focused on precious and base metals in Argentina, Mexico and the United States. The firm's segments include USA, Canada, Mexico, Minera Santa Cruz (MSC) and Los Azules. The USA segment includes the production property, Gold Bar mine and other exploration properties. The Canada segment consists of the Black Fox and Stock properties and various exploration and advanced stage properties (the Fox Complex). The Mexico segment includes the El Gallo Project, Fenix Project and other Mexican properties. The MSC segment includes properties, such as the San Jose mine and other concessions located around the mine. The Los Azules segment includes the copper exploration project located in San Juan, Argentina.

Show more
Loading
MUX
S&P TSX Composite Index (Canada)
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Improved Metal Prices: McEwen Mining is benefiting from strong increases in gold, silver, and copper prices, supporting its asset portfolio.

Los Azules Progress: The Los Azules copper project advanced significantly, receiving key regulatory endorsement in Argentina and publishing a robust feasibility study.

Financial Results: The company reported a narrowed net loss of $0.5 million, with positive adjusted EBITDA of $11.8 million for the quarter.

Production Challenges: Q3 gold production was impacted by unexpected issues at Gold Bar, but management expects operations to stabilize and return to guidance levels in Q4 and into 2026.

Canadian Gold Corp Acquisition: The acquisition is expected to close in January, with a new resource estimate and PEA planned for 2024.

Strong Treasury: McEwen ended Q3 with $51 million in cash and $24 million in marketable securities, with sufficient liquidity for upcoming projects.

Los Azules IPO: The company aims to take Los Azules public in 2025, targeting a higher valuation following strong feasibility results.

Key Financials
Net Loss
$0.5 million
EPS
$0.01 loss per share
Adjusted EBITDA
$11.8 million
Cash
$51 million
Marketable Securities
$24 million
Gold Production (Gold Bar Q3)
8,200 ounces
Copper Production (Los Azules, first 5 years)
204,000 tonnes per year
After-tax NPV (Los Azules)
$2.9 billion at 8%
After-tax IRR (Los Azules)
19.8%
Payback Period (Los Azules)
3.9 years
Initial CapEx (Los Azules)
$3.2 billion
C1 Cash Cost (Los Azules)
$1.71 per pound
All-in Sustaining Cost (Los Azules)
$2.11 per pound
Gold Resources (Fox)
3 million ounces
Total Gold Resources (All Operations)
4.2 million ounces
Earnings Call Recording
Other Earnings Calls

Management

Mr. Robert Ross McEwen
Chairman, CEO, President & Chief Owner
No Bio Available
Mr. Perry Y. Ing B.Com., B.Comm, C.A., C.F.A., CPA
Interim Chief Financial Officer
No Bio Available
Mr. William M. Shaver P.Eng.
Interim COO & Director
No Bio Available
Ms. Carmen L. Diges CFA, LL.M
General Counsel & Secretary
No Bio Available
Mr. Stefan M. Spears B.Sc.
Vice President of Corporate Development
No Bio Available
Ms. Mihaela Iancu
Head of Investor Relations
No Bio Available
Mr. Kenneth D. Tylee P.Geo
Exploration Manager
No Bio Available
Mr. Michael Meding
Vice President of McEwen Copper Inc
No Bio Available
Mr. Rory Greyvensteyn
Director of Operations - Canada
No Bio Available
Mr. Jeffrey Chan
Vice President of Finance
No Bio Available

Contacts

Address
ONTARIO
TORONTO
150 King St W Suite 2800 - P.O. Box 24
Contacts
+16472580395.0
www.mcewenmining.com