McEwen Inc. Reports $3 Million Q2 Profit Amid Strong Gold Prices and Strategic Growth Initiatives

McEwen Inc. has reported a substantial financial improvement in its second-quarter 2025 results, posting a net income of $3 million or $0.06 per share compared to a $13 million loss during the same period last year. This dramatic turnaround reflects the company's strengthened position in the commodities market, primarily driven by stronger gold prices and improved operational margins. The company's adjusted EBITDA surged to $17.3 million from $46.7 million in revenue, generated through the sale of 14,549 gold equivalent ounces despite experiencing a year-over-year production decrease.

The company has maintained confidence in its full-year outlook by reaffirming production guidance of 120,000 to 140,000 gold equivalent ounces. Management anticipates lower unit costs during the second half of the year, which should further enhance profitability and operational efficiency. This financial stability comes at a critical time as McEwen Inc. positions itself for significant growth through strategic development projects across the Americas. The company's forward-looking strategy includes seven near-term catalysts identified through 2026 that could substantially impact its market position and shareholder value.

Central to McEwen's growth strategy is its 46.4% stake in McEwen Copper and the upcoming Los Azules Feasibility Study expected by late third quarter 2025. The Los Azules copper project represents a groundbreaking approach to mining, positioned to become one of the world's first regenerative copper mines with an ambitious carbon neutrality target by 2038. This environmental commitment aligns with evolving industry standards and investor expectations for sustainable resource development. Additional information about the company's progress can be found at https://ibn.fm/1u4yV.

Leadership commitment has been instrumental in the company's strategic direction, with Chairman and Chief Owner Rob McEwen demonstrating confidence through personal investment of US$205 million and accepting only $1 in annual compensation. His vision focuses on building sustainable shareholder value with eventual plans to establish dividends, drawing from his successful experience at Goldcorp Inc. This leadership approach, combined with the company's diversified portfolio across gold, copper, and silver sectors, creates a foundation for long-term growth and market resilience amid commodity price fluctuations.