McEwen Mining(MUX)
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McEwen Inc. to Acquire Golden Lake Exploration Inc. — Further Consolidates Gold Bar Mine Complex in Nevada
Globenewswire· 2026-01-29 01:40
TORONTO and VANCOUVER, British Columbia, Jan. 28, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (“McEwen”) (NYSE/TSX:MUX) and Golden Lake Exploration Inc. (“Golden Lake”) (CSE:GLM) are pleased to announce that they have entered into a Definitive Agreement (the "Agreement") on January 28, 2026 in respect of a proposed transaction (the "Proposed Transaction"), whereby McEwen would acquire all of the issued and outstanding shares of Golden Lake by way of plan of arrangement. If the Proposed Transaction is completed, Go ...
McEwen Inc. to Acquire Golden Lake Exploration Inc.
Accessnewswire· 2026-01-29 01:15
Core Viewpoint - Golden Lake Exploration Inc. and McEwen Inc. have entered into a Definitive Agreement for a proposed transaction where McEwen will acquire all issued and outstanding shares of Golden Lake, making it a wholly-owned subsidiary of McEwen [1] Company Summary - The transaction is structured as a plan of arrangement [1] - The agreement was announced on January 28, 2026 [1]
McEwen Drilling Returns Significant Intersection at Gold Bar Mine Complex in Nevada: 5.55 gpt Gold over 44.2 Meters; Transformation into a Long-Life Mine Continues
Globenewswire· 2026-01-27 11:09
TORONTO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) announces new drill results from the Gold Bar Mine Complex in the Eureka Mining District of Nevada, that continues to highlight the mine’s transformation into a potential long-life operation. Results include the best hole drilled by McEwen to date at Windfall, which returned 5.55 gpt gold over 44.2 meters. Windfall, Lookout Mountain and Unity Ridge are three deposits at the Gold Bar Mine Complex that McEwen is ...
Roth Capital is Bullish on McEwen Inc. (MUX)
Yahoo Finance· 2026-01-24 11:23
McEwen Inc. (NYSE:MUX) is among the 15 Best Performing Silver Stocks to Buy. Roth Capital is Bullish on McEwen Inc. (MUX) Roth Capital boosted McEwen Inc. (NYSE:MUX)’s price objective from $21 to $23 on December 17, 2025, as reported by TheFly. It kept its Buy rating on the stock. The firm noted the El Gallo Mine Environmental Impact Assessment’s extension, which permits the Fenix project’s completion. Following the permitting extension, Roth included the mine in its production model, which will commence ...
McEwen (MUX) Stock Jumps 7.3%: Will It Continue to Soar?
ZACKS· 2026-01-21 13:56
McEwen (MUX) shares soared 7.3% in the last trading session to close at $24.49. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.2% gain over the past four weeks.Shares of McEwen gained since the company announced that the Mineral Resource Estimate at Grey Fox totals 1.9 million Indicated gold ounces and 436,000 Inferred gold ounces at the end of 2025. The Indicated Resource marks a 23% year-over-year increase. This gold and si ...
2025 Year-End Resource Estimate - Grey Fox Project: +23% Indicated to 1.9 Million Gold Ounces; Inferred 436,000 Gold Ounces; Upcoming Prefeasibility Study in Q2 2026
Globenewswire· 2026-01-20 11:00
TORONTO, Jan. 20, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to report its Year-End 2025 Mineral Resource Estimate for the Grey Fox Project, part of the Fox Complex in Timmins, Ontario. The 2025 Mineral Resource Estimate at Grey Fox now totals 1.9 million Indicated gold ounces and 436,000 Inferred gold ounces (calculated using a US$3,000 per ounce gold price), with good potential to increase the size of the resource through: 1) The recently acquired adjacent ...
McEwen (MUX) Is Up 11.40% in One Week: What You Should Know
ZACKS· 2026-01-14 18:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: McEwen Mining (MUX) - McEwen currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Performance Metrics - Over the past week, MUX shares increased by 11.4%, outperforming the Zacks Mining - Miscellaneous industry, which rose by 6.54% [6] - In the last month, MUX's price change was 13.32%, compared to the industry's 17.27% [6] - Over the past quarter, MUX shares rose by 10.17%, and over the last year, they gained 161.15%, while the S&P 500 increased by only 4.96% and 20.67%, respectively [7] Trading Volume - MUX's average 20-day trading volume is 1,213,958 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, one earnings estimate for MUX has increased, while none have decreased, leading to a consensus estimate improvement from -$0.04 to -$0.02 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [10] Conclusion - Given the positive momentum indicators and earnings outlook, MUX is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]
McEwen Inc. (NYSE:MUX) Plans to Begin Construction at El Gallo Mine in Mid-2026
Yahoo Finance· 2026-01-14 14:12
Group 1 - McEwen Inc. has received approval from the Mexican government to extend the Environmental Impact Assessment for the El Gallo Mine, allowing the company to begin Phase 1 Mill construction in mid-2026, with the first gold pour expected by mid-2027, producing approximately 20,000 gold Equivalent Ounces annually once commercial production starts [1][2] - The company has purchased a ball mill for the El Gallo site and is already working on Phase 2, which focuses on in-situ silver deposits, potentially extending the mine's life beyond the initial 10 years planned for Phase 1 [2] - McEwen is also expanding its Gold Bar Mine complex in Nevada, aiming to enhance resources and increase mine life, which could lead to higher annual gold production from the Lookout Mountain, Windfall, and Unity Ridge areas [3] Group 2 - McEwen Inc. operates as a development-stage gold and silver mining company with activities in the U.S., Canada, Mexico, and Argentina, focusing on the exploration, development, and production of gold, silver, and copper deposits [4]
10 Best Precious Metal Stocks to Buy After the U.S. Venezuela Mission
Insider Monkey· 2026-01-14 06:50
Core Viewpoint - The article discusses the rising demand and prices for precious metals, particularly gold and silver, driven by geopolitical risks and economic uncertainty, with predictions for continued growth in the sector through 2026 and beyond [1][4][3]. Industry Overview - Gold and silver prices reached all-time highs as of January 12, with spot gold at $4,630 (up over 1.95%) and silver at $86.50 [1]. - Demand for gold hit record levels in 2025, continuing a bull rally into 2026, alongside increased demand for other industrial metals like copper [2]. - Analysts indicate that precious metals traders perceive more risk compared to stock and bond traders, contributing to the demand for gold and silver as safe-haven assets [3]. Future Projections - JPMorgan forecasts gold prices could reach $5,000 per ounce by the end of 2026, with an average price of $5,055 per ounce projected for that year [4]. - The share of gold in total investor assets under management (AUM) has increased by approximately one percentage point over the last two years, with potential to rise to 4-5% in the coming years [4]. Company Highlights - **Wheaton Precious Metals Corp. (NYSE:WPM)**: - Share price at $124.74 with a market cap of $59.33 billion and an analyst upside of 6.22% [9]. - The stock has increased over 129% in the past year, with 94% of analysts rating it as a Buy [10]. - Analysts expect gold companies to increase margins and generate higher free cash flow in 2026 [12]. - **Perpetua Resources Corp. (NASDAQ:PPTA)**: - Share price at $29.42 with a market cap of $3.59 billion and an analyst upside of 8.77% [13]. - Shares have risen over 107% in the last six months, with a consensus Buy rating from analysts [14]. - The company is advancing the Stibnite project, which is expected to enhance returns and support funding efforts [15][16]. - **McEwen Inc. (NYSE:MUX)**: - Share price at $20.49 with a market cap of $1.12 billion and an analyst upside of 12.25% [19]. - The company received approval for the El Gallo Mine's Phase 1 Mill construction, with expectations for the first gold pour by mid-2027 [20]. - McEwen is also expanding its Gold Bar Mine complex to enhance resources and increase mine life [22].
Step-Out Drilling At McEwen’s Newly Acquired Tartan Mine Project Returns Meaningful Results Along Western Flank: 7.5 gpt Gold Over 18.9 Metres
Globenewswire· 2026-01-13 11:00
TORONTO, Jan. 13, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to announce the final drill results to be included in the upcoming Mineral Resource Estimate for the Tartan Mine Project, near Flin Flon, Manitoba (Fig. 1). McEwen completed the acquisition of Tartan on January 5, 2026, through the purchase of Canadian Gold Corp. The updated Mineral Resource Estimate is expected to be released by the end of February and will be used to develop future plans as the Co ...