For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. First Majestic Silver (AG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.First Majestic Silver is a member of the Basic Materials sector. This group includes 254 individual stocks and currently holds ...

Core Viewpoint - McEwen Inc. has entered into a Definitive Agreement to acquire Golden Lake Exploration Inc., which will make Golden Lake a wholly-owned subsidiary of McEwen if the transaction is completed [1]. Group 1: Proposed Transaction Details - The Proposed Transaction involves McEwen acquiring all outstanding shares of Golden Lake through a plan of arrangement, with each Golden Lake share entitling its holder to receive 0.003876 McEwen shares, equating to an implied offer price of CDN $0.12 per Golden Lake share, representing a 60% premium over the 20-day volume-weighted average price of Golden Lake shares as of January 26, 2026 [3]. - Following the transaction, existing Golden Lake shareholders will own approximately 0.5% of the combined company [3]. - The transaction is expected to be completed through a court-approved plan of arrangement under the Business Corporations Act (British Columbia), with all outstanding warrants and convertible notes of Golden Lake being addressed in the process [5]. Group 2: Benefits of the Transaction - For Golden Lake shareholders, the transaction offers an attractive premium of approximately 60% to the 20-day VWAP of Golden Lake shares, enhanced liquidity from dual listing on US and Canadian stock exchanges, and access to McEwen's Nevada technical team with a strong track record in gold exploration [6]. - For McEwen shareholders, the integration of Golden Lake's Jewel Ridge projects into the Gold Bar Mine Complex is expected to enhance the mine's long-term operational viability and production capacity [6]. Group 3: Company Background - McEwen Inc. operates in the Americas, focusing on gold and silver production, and has a significant interest in the Los Azules copper development project in Argentina, valued at approximately US$456 million [9][10]. - The company is also involved in reactivating its El Gallo Mine in Mexico and has invested heavily in innovative technologies for mineral assaying [12][13].

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]

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 ...

Group 1 - McEwen Inc. (NYSE:MUX) is recognized as one of the 15 best performing silver stocks to buy [1] - Roth Capital has raised McEwen Inc.'s price target from $21 to $23, maintaining a Buy rating, following the extension of the El Gallo Mine Environmental Impact Assessment [2] - The Mexican government has granted permission for the extension of the El Gallo Environmental Impact Assessment, allowing for Phase 1 mill construction, with the first gold pour expected in mid-2027 [3] Group 2 - Phase 1 of the El Gallo project is projected to generate approximately 20,000 gold equivalent ounces per year, utilizing already mined leach pad material [3] - The remaining capital costs for the project are estimated at $25 million, with minimal development and exploratory expenses anticipated [3] - McEwen Inc. focuses on mining and minerals production and exploration, particularly in Argentina, Mexico, and the United States [4]

Core Viewpoint - McEwen Mining (MUX) shares experienced a significant increase of 7.3% in the last trading session, closing at $24.49, supported by high trading volume and a 16.2% gain over the past four weeks [1] Group 1: Company Performance - The Mineral Resource Estimate at Grey Fox totals 1.9 million Indicated gold ounces and 436,000 Inferred gold ounces as of the end of 2025, with the Indicated Resource reflecting a 23% year-over-year increase [1] - McEwen is expected to report quarterly earnings of $0.24 per share, representing a year-over-year change of +260%, with revenues projected at $67.5 million, up 101.4% from the previous year [2] - The consensus EPS estimate for McEwen has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] Group 2: Industry Context - McEwen holds a Zacks Rank of 2 (Buy) and is part of the Zacks Mining - Miscellaneous industry, where Ivanhoe Electric (IE) also operates, finishing the last trading session 2.7% higher at $17.98, with an 8.2% return over the past month [4] - Ivanhoe Electric's consensus EPS estimate has remained unchanged at -$0.21, reflecting a year-over-year change of -10.5%, and it currently holds a Zacks Rank of 3 (Hold) [5]

Core Viewpoint - McEwen Inc. has reported a significant increase in its Year-End 2025 Mineral Resource Estimate for the Grey Fox Project, totaling 1.9 million Indicated gold ounces and 436,000 Inferred gold ounces, with plans to double production by 2030 [1][3]. Mineral Resource Estimate - The 2025 Mineral Resource Estimate at Grey Fox includes 1.9 million Indicated gold ounces and 436,000 Inferred gold ounces, calculated at a gold price of US$3,000 per ounce [1][7]. - There is a 23% increase in Indicated Resources compared to Year-End 2024 [7]. - The total Indicated Resources consist of 19,474,000 tonnes at an average grade of 3.02 grams per tonne (gpt) gold, while Inferred Resources consist of 5,101,000 tonnes at an average grade of 2.66 gpt gold [7][13]. Mining Methods - The company is balancing both underground and open pit mining methods for the Grey Fox Project, which will be detailed in the upcoming Pre-Feasibility Study (PFS) scheduled for Q2 2026 [2][6]. - Early underground mining opportunities have been identified in the Gibson Zone and Whiskey Jack, with the Gibson Zone containing 393,000 Indicated gold ounces and 297,000 Inferred gold ounces [4][5]. Stroud Project - The Stroud Project, acquired in 2024, is adjacent to Grey Fox and contains a historical resource estimate of approximately 270,000 gold ounces, which will be validated and incorporated into future updates [9]. - The company completed over 6,000 meters of drilling at Stroud in 2025 to verify the historical resource [9]. Recent Drill Results - Recent drill results indicate potential for further resource growth, with notable findings such as 10.1 gpt gold over 5.8 meters and 23.8 gpt gold over 1.6 meters [10]. - The company plans to allocate $5 to $10 million for drilling at Grey Fox in 2026 to continue expanding the resource [10].

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]

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]

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].