Mcewen Mining (MUX) Misses Q1 EPS by 24c

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McEwen Mining Reports Q1 2020 Results

May 19, 2020 6:00 AM EDT

TORONTO, May 19, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31, 2020.

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 million was... More