As we said yesterday, as a gold miner, the best time to report positive earnings is when gold is making new all time highs.

Fortunately for McEwen Mining (TSX: MUX), the stars have aligned for them, and while there’s certainly room for improvement, the market has reacted positively to their fourth quarter earnings, sending the stock up by nearly 6% as of the time of writing.

So how’d they do?

Lets dive in.

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