
McEwen (NYSE:MUX) reported a sharp first-quarter turnaround and outlined plans to expand gold production while advancing its large copper project in Argentina, according to management comments on the company’s first-quarter 2026 earnings call.
Chairman and Chief Owner Rob McEwen said the company generated net income of $33.4 million, or $0.56 per share, compared with a net loss of $6.3 million, or $0.12 per share, in the same period last year. He attributed the improvement to stronger operating performance, higher gold and silver prices and “more disciplined execution.”