McEwen (MUX) Reports Q3 Loss, Misses Revenue Estimates
McEwen MiningMcEwen Mining(US:MUX) ZACKS·2025-11-06 02:01

Core Insights - McEwen Mining (MUX) reported a quarterly loss of $0.01 per share, significantly missing the Zacks Consensus Estimate of $0.31, representing an earnings surprise of -103.23% [1] - The company generated revenues of $50.53 million for the quarter ended September 2025, falling short of the Zacks Consensus Estimate by 23.55% and down from $52.25 million year-over-year [2] - McEwen has only surpassed consensus EPS estimates once in the last four quarters and has consistently missed revenue estimates during the same period [2] Company Performance - Despite the recent earnings report, McEwen shares have increased approximately 121.1% year-to-date, outperforming the S&P 500's gain of 15.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.41 on revenues of $83.4 million, while for the current fiscal year, the estimate is $0.10 on revenues of $226.6 million [7] Industry Context - The Mining - Miscellaneous industry, to which McEwen belongs, is currently ranked in the top 30% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The correlation between near-term stock movements and earnings estimate revisions suggests that tracking these revisions can provide insights into future stock performance [5][6]