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home / news releases / MUX:CC - McEwen Mining reports Q3 earnings miss; revises F22 production and issues FY23 guidance

MUX:CC - McEwen Mining reports Q3 earnings miss; revises F22 production and issues FY23 guidance

Mcewen Mining Inc.
  • McEwen Mining press release ( NYSE: MUX ): Q3 GAAP EPS of -$0.21 misses by $0.04 .
  • Revenue of $25.99M (-29.9% Y/Y) misses by $15.64M .
  • Q3 Production was 26,200 gold ounces and 852,200 silver ounces, or 35,700 gold equivalent ounces (GEOs), compared to 42,900 GEOs during Q3 2021.
  • Revised guidance for 2022 production is 134,600-141,800 GEOs, reflecting a decrease of approximately 6,500 GEOs at Fox and 14,000 GEOs at Gold Bar due to carbonaceous material encountered throughout 2022.
  • Production guidance for 2023 is 150,000 to 170,000 gold equivalent ounces (GEOs) .

For further details see:

McEwen Mining reports Q3 earnings miss; revises F22 production and issues FY23 guidance
Stock Information
Company Name: Mcewen Mining Inc.
Stock Symbol: MUX:CC
Market: TSXC
Website: mcewenmining.com
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