TORONTO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q3 2024 financial results on Wednesday, November 6th, 2024, at 11:00 AM EST, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast. Toll Free Dial-In North America: (888) 210-3454 Toll Free Dial-In Other Countries: ...

McEwen (MUX) closed the last trading session at $10.38, gaining 7.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.25 indicates a 27.7% upside potential. The average comprises three short-term price targets ranging from a low of $12 to a high of $15, with a standard deviation of $1.56. While the lowest estimate indicates an increase of 15.6% from the current price level, the ...

TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce closing of an additional $35 million investment by Nuton LLC, a Rio Tinto Venture. McEwen Copper previously announced a non-brokered private placement financing of up to 2,333,333 common shares at a subscription price of US$30.00 per common share, for gross proceeds of up to US$70 million (the "Offering"). The first tranche of the Offering was led by a $14 million ...

After reaching an important support level, McEwen Mining Inc. (MUX) could be a good stock pick from a technical perspective. MUX recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50- ...

Investors in McEwen Mining Inc. (MUX) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2024 $20 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...

Shares of McEwen (MUX) have gained 15.2% over the past four weeks to close the last trading session at $9.68, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $13.25 indicates a potential upside of 36.9%. The mean estimate comprises three short-term price targets with a standard deviation of $1.56. While the lowest estimate of $12 indicates a 24% increase from the current price l ...

McEwen Mining Inc. (MUX) stated that its 48% owned subsidiary, McEwen Copper Inc., has signed an agreement with YPF Luz to power its massive Los Azules copper mine with 100% renewable energy. This agreement is consistent with MUX's goal of becoming 100% renewable. YPF Luz and McEwen Copper have signed a Memorandum of Understanding (MOU), which allows them to negotiate the exclusive energy supply for the Los Azules project in the San Juan province. This deal involves the provision of renewable energy via a h ...

TORONTO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce that its 48%-owned McEwen Copper Inc. has secured an agreement with YPF Luz to power its large Los Azules copper project with 100% renewable energy. This exclusive agreement covers the supply of renewable energy through a high-voltage transmission line, with YPF Luz responsible for its development and financing. YPF Luz and McEwen Copper have signed a Memorandum of Understanding (MOU) that allows the ...

TORONTO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) and McEwen Copper Inc. are pleased to announce their participation in Fastmarkets' "Argentina: An emerging powerhouse for copper and lithium" webinar and in three upcoming industry conferences. In the Fastmarkets webinar (available here), McEwen Mining's CEO and Chief Owner Rob McEwen participated in a panel discussion exploring Argentina's vast copper and lithium reserves and how these resources are positioning the country ...

McEwen Mining Inc. (MUX) announced that it completed the previously mentioned deal to acquire all issued and outstanding common shares of Timberline Resources Corporation. This move will boost McEwen Mining's existing portfolio of development and exploration projects in Nevada. On Apr 16, 2024, MUX announced that it signed a definitive agreement and a plan of merger with Timberline. The deal was approved by Timberline shareholders on Aug 16, 2024. According to the deal, former Timberline shareholders will r ...