McEwen Q2 FY26 net income rises 216% to $9.61 million; revenue climbs 27% to $59.23 million - MUX News | RalliesMcEwen Q2 FY26 net income rises 216% to $9.61 million; revenue climbs 27% to $59.23 million
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MUX• Q2 FY26 results and guidance
- McEwen posted Q2 2026 net income of $9.61 million, or $0.16 per share, swinging from a profit of $3.04 million a year earlier.
- Revenue rose 27% to $59.23 million, driven by a 35% lift in average realized price to $4,454 per GEO.
- Gross profit climbed to $20.08 million from $12.28 million, while production costs increased to $31.15 million from $27.73 million.
- Adjusted EBITDA, a non-GAAP measure, increased to $22.23 million from $17.31 million.
- 2026 production guidance was revised to 109,000–120,000 GEOs; Gold Bar guidance was cut to 30,000–33,000 GEOs.
