Canada's McEwen Mining falls on bigger Q4 loss

McEwen

14/03/2023 15:55

** Shares of gold and silver producer McEwen Mining Inc
 MUX.TO  down 6.6% at C$10 
    ** Co's Q4 net loss widens to C$37.4 mln ($27.36 mln) from
C$21 mln last year, hurt by lower production  urn:newsml:reuters.com:*:nGNX2m3QmB
    ** Q4 revenue falls 19% to C$28.2 from a year ago
    ** Co forecasts 2023 production of 150,000 to 170,000 gold
equivalent ounces vs 133,300 gold equivalent ounces in 2022
    ** Shares have gained 25.8% YTD, including session's losses


($1 = 1.3669 Canadian dollars)

 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))