McEwen Mining Reports Q1 2020 Results

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Mcewen Mining (MUX) Misses Q1 EPS by 24c

May 19, 2020 6:10 AM EDT

Mcewen Mining (NYSE: MUX) reported Q1 EPS of ($0.25), $0.24 worse than the analyst estimate of ($0.01).

Production was 29,200 gold ounces and 553,200 silver ounces, or 35,100 gold equivalent ounces(1) (GEOs)(see Table 1), at the average gold:silver price ratio for the quarter of 94:1.A non-cash impairment charge for the Gold Bar mine of $83.8... More