McEwen Inc. reported a $36.7 million net loss, or $0.60 per share, for the third quarter ended September 30, 2026, compared with a $0.5 million loss, or $0.01 per share, a year earlier. Revenue fell 14% to $43.6 million as sales declined to 10,689 gold equivalent ounces from 14,968 GEOs, although the average realized price rose 19% to $4,151 per GEO. Gold Bar’s lower production reflected management and operating issues that the company said were corrected through new procedures introduced in mid-August. At San José, heavy snowfall forced a shift toward sulphide ore, reducing grades and recoveries, while Fox costs rose as the company completed Froome development and processed low-grade stockpiles. McEwen said October results showed improvement at all three operations and reaffirmed full-year production guidance of 109,000 to 120,000 GEOs, with cash costs of $2,200 to $2,450 per ounce and AISC (all-in sustaining costs) of $2,500 to $2,750. The company ended the quarter with $49.1 million in cash, $10.4 million in marketable securities and a 46.3% interest in McEwen Copper. Its development pipeline remains aimed at 250,000 to 300,000 annual GEOs by 2030.