Why McEwen Mining Shares Are Up Today

McEwen Mining Inc (NYSE:MUX) shares are trading higher after it reported fourth-quarter FY23 results.

The company reported an EPS of $2.88 in the quarter, better than the EPS loss of $(0.79) a year ago, beating the consensus loss of $(0.20).

McEwen reported gold production rose to 42,400 oz (from 28,970 oz a year ago), while silver production declined to 635,650 oz (from 702,000 …

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