McEwen Inc. Reports Q2 Profit and Reaffirms 2025 Outlook Amid Growth Catalysts

McEwen Inc. (NYSE: MUX) (TSX: MUX) has reported a notable turnaround in its financial performance for the second quarter of 2025, posting 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 was largely attributed to stronger gold prices and enhanced operational margins, signaling a robust recovery and operational efficiency within the company.

The company's adjusted EBITDA also saw a significant rise, reaching $17.3 million on revenues of $46.7 million, generated from 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. Furthermore, the company anticipates lower unit costs in the latter half of the year, which could further bolster its financial standing.

Key to McEwen's optimistic outlook are its development projects, including a 46.4% stake in McEwen Copper and the anticipated Los Azules Feasibility Study, expected to be completed by late Q3 2025. These projects, along with seven near-term catalysts identified through 2026, underscore the company's strategic focus on growth and sustainability in the mining sector.

McEwen Inc.'s commitment to innovation and environmental stewardship is evident in its Los Azules copper project, designed to be one of the world's first regenerative copper mines with a goal of achieving carbon neutrality by 2038. This initiative not only highlights the company's dedication to sustainable mining practices but also positions it as a forward-thinking leader in the industry.

For investors and stakeholders, McEwen Inc.'s latest financial results and strategic initiatives offer a glimpse into the company's potential for sustained growth and profitability. The full details of the press release can be accessed here, providing further insights into the company's performance and future plans.