MUX:CC - McEwen Mining Non-GAAP EPS of -$0.14; reaffirms production guidance
2023-05-09 01:05:43 ET
- McEwen Mining press release ( NYSE: MUX ): Q1 Non-GAAP EPS of -$0.14.
- Our gross profit in Q1 was $4.4 million and our cash gross profit was $11.3 million, compared to a gross loss of $6.0 million and cash gross loss of $2.3 million in Q1 2022.
- Consolidated cash and equivalents increased to $190.8 million at the end of Q1.
- Production from our three operating mines was 30,400 gold equivalent ounces (GEOs) in Q1, compared to 25,200 GEOs in Q1 2022.
- Production guidance remains 150,000-170,000 GEOs for 2023.
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McEwen Mining Non-GAAP EPS of -$0.14; reaffirms production guidance