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McEwen (MUX) Reports Q2 2025 Results

McEwen Inc. (NYSE:MUX) is among the 11 Best Silver Mining Stocks to Buy According to Hedge Funds. McEwen Inc. (NYSE:MUX) reversed a $13.0 million loss in Q2 2024 with a Q2 2025 net income of $3.0 million. Gross profit climbed to $12.3 million on a 26% margin, while adjusted EBITDA increased from $7.2 million to $17.3 million. Revenue reached $46.7 million from 14,549 GEOs, with an average realized gold price of $3,298 per GEO. Cash and equivalents climbed to $53.6 million, with working capital at $61.8 million, up from -$6.5 million at the end of 2024.

Consolidated output, including the 49%-owned San José Mine, was 27,554 GEOs, with expenses per GEO of $1,906 cash and $2,120 AISC, slightly higher than Q2 2024. Production increases during H2 2025 are expected to reduce unit costs. McEwen Inc. (NYSE:MUX)’s subsidiary McEwen Copper spent $7.0 million on the Los Azules Feasibility Study, which will capture future development expenditures, and $5.4 million on exploration throughout Grey Fox, Gold Bar, Lookout Mountain, and Windfall. The Froome West and Stock mining ramp developments are advanced by Fox Complex. There were no lost-time events, showing continued high safety. The full-year guidance, which supports the firm’s objective to increase gold and silver production by 2030, is reiterated at 120,000-140,000 GEOs. It is one of the Best Silver Mining Stocks.

While we acknowledge the risk and potential of MUX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MUX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None.

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