06:55 AM EDT, 03/18/2025 (MT Newswires) -- McEwen Mining ( MUX ) on Tuesday reported that it swung to a positive adjusted EBITDA in the fourth quarter.

Adjusted EBITDA was US$5.2 million, or US$0.10 per share, swinging from a loss of US$4.9 million, or a loss of US$0.10 per share.

Consolidated production in 2024 was 135,884 gold equivalent ounces, down from 154,587 gold equivalent ounces and in line with the full-year 2024 guidance of 130,000-145,000 gold equivalent ounces.

The company expects to produce 120,000-140,000 gold equivalent ounces in 2025.

McEwen's share price at last look gained 1.5% to US$7.64 in U.S. pre-market trading on Tuesday.