The financials
McEwen Inc. by the numbers
McEwen Inc. (MUX) reported revenue of $74M in Q1 2026 (quarter ended Mar 31, 2026), up 107% from the same quarter a year earlier. That came with a gross margin of 43% and net income of $33M (45% of revenue). For the full year FY2025, revenue was $198M (+13% year on year) and net income $34M. Its largest segment in Jun 2026 was Fox Complex In Ontario Canada at $29M, 49% of the disclosed total, just ahead of Gold Bar Mine Complex In Nevada United States at 44%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $74M | $36M | +107% |
| Gross profit | $31M | $10M | +213% |
| Operating income | $41M | −$7.6M | to a profit |
| Net income | $33M | −$6.3M | to a profit |
| Diluted EPS | $0.47 | −$0.12 | to a profit |
| Operating | Revenue | Share |
|---|---|---|
| Fox Complex In Ontario Canada | $29M | 49% |
| Gold Bar Mine Complex In Nevada United States | $26M | 44% |
| El Gallo Project In Sinaloa Mexico | $4.4M | 7.3% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $59.2M (-20%)
Fox Complex In Ontario Canada grew +51% year on yearGold Bar Mine Complex In Nevada United States -5.5% year on year
Segment Latestquarter on quarteryear on year
- Fox Complex In Ontario Canada$28.9M$28.9MQoQ +14%year on year +51%+14%+51%
- Gold Bar Mine Complex In Nevada United States$26.0M$26.0MQoQ -31%year on year -5.5%-31%-5.5%
- El Gallo Project In Sinaloa Mexico$4.4M$4.4MQoQ -60%year on year --60%-
Other Precious Metals & Mining
Ranks #4 of 7 by Smart Score