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Stock impact report

McEwen Mining Inc. Reports Strong Year-End and Q4 Results with Net Income Surge [Yahoo! Finance]

McEwen Mining Inc. (MUX) 
Last mcewen mining inc. earnings: 3/16 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Earnings Per Share : Earnings per share for 2023 stood at $1.15, compared to a net loss of $1.71 per share in 2022. Production : Gold production met the lower end of guidance, while silver production was slightly below expectations. Cost Management : Cash costs and all-in sustaining costs (AISC) were 12-18% higher than guided, indicating a need for cost control measures. Liquidity : Consolidated cash and cash equivalents were reported at $23.0 million with a working capital of $22.7 million as of December 31, 2023. Debt Reduction : Total debt was reduced by $25 million or 38% to $40 million in 2023. Exploration Success : Exploration at the Fox Complex and Gold Bar mine showed promising results, with a 31% increase in gold resources at the Stock deposits. Warning! GuruFocus has detected 4 Warning Signs with MUX. On March 1, 2024, McEwen Mining Inc. ( NYSE:MUX ) released its 8-K filing , detailing a remarkable turnaround in its financial performance for the year ended Dec Show less Read more
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