McEwen Q4 net income hits USD 38.1 million as adjusted EBITDA rises 138% to USD 28.1 million

Reuters03-12
McEwen Q4 net income hits USD 38.1 million as adjusted EBITDA rises 138% to USD 28.1 million

McEwen reported Q4 net income of USD 38.1 million, compared with a net loss a year earlier, as revenue rose 28% to USD 64.6 million on sales of 15,196 gold equivalent ounces, supported by higher realized gold prices. For FY 2025, net income was USD 34.43 million after a deferred tax asset recognition tied to expected use of U.S. tax losses, while revenue increased to USD 197.55 million. Q4 adjusted EBITDA rose more than doubled to USD 28.1 million, and FY adjusted EBITDA more than doubled to USD 66.2 million. At Dec. 31, cash and equivalents increased to USD 51.02 million and debt principal outstanding was USD 130 million. For FY 2026, McEwen guided production of 114,000-126,000 GEOs with cash costs of USD 2,100-2,300 per GEO and AISC of USD 2,400-2,600 per GEO, while CEO Rob McEwen said the company could generate USD 80 million in free cash flow from its 100%-owned operations and more than USD 50 million in dividends from its 49% interest in the San José mine during 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McEwen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603120600PRIMZONEFULLFEED9670768) on March 12, 2026, and is solely responsible for the information contained therein.

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