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McEwen Mining Inc MUX

Alternate Symbol(s):  T.MUX

McEwen Mining Inc. is a gold and silver producer. It owns over 48% of McEwen Copper Inc., which owns the Los Azules copper project in Argentina. Its segments include Canada, United States, Mexico, Minera Santa Cruz S.A. (MSC) and McEwen Copper. The United States segment includes the Gold Bar mine and its exploration properties in the State of Nevada. Canada segment includes the Fox Complex gold properties, including its Froome underground mine; the Stock Project; the Stock mill; the Grey Fox exploration project; a number of exploration properties located near the city of Timmins, Ontario, Canada, and the Black Fox mine. Mexico segment includes the El Gallo mine and the related advanced-stage Fenix Project, located in Sinaloa state. MSC Segment includes 49% interest in the San Jose mine, located in Santa Cruz, Argentina. Its Eureka project includes the Lookout Mountain Property and the historical Lookout Mountain and Windfall Mines in a total property position of over 28 square miles.


NYSE:MUX - Post by User

Post by SmartmoneyZon Aug 04, 2021 6:27pm
531 Views
Post# 33652411

AMAZING RESULTS !!!! Financials

AMAZING RESULTS !!!! FinancialsWooohoooo !!! nearly $10m in gross profit this quarter compared to net losses last quarter. Production and output at every MUX mine nearly doubled and Cashflow has doubled from $22M to $42M !! GREAT JOB MANAGEMENT !!!! Can't wait to watch this baby soar tomorrow morning!!! 
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