- 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) .
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McEwen Mining reports Q3 earnings miss; revises F22 production and issues FY23 guidance