H.C. Wainwright Maintains Buy Rating on McEwen (MUX), Sets $21.50 PT

Core Viewpoint - McEwen Mining Inc. is highlighted as a strong investment opportunity in the silver mining sector, supported by a Buy rating and a price target of $21.50 per share from H.C. Wainwright, driven by high metal prices and successful exploration efforts [1][2]. Financial Performance - For Q3 2025, McEwen reported total revenue of $50.5 million, which was 23.55% below analyst expectations, attributed to lower production volumes that decreased gold equivalent ounces (GEOs) sold from 21,350 to 14,968 year-over-year [2]. - The company recorded a net loss of $500,000 ($0.01 per share), an improvement from the $2.1 million loss in Q3 2024, with higher metal prices mitigating the impact of operational challenges [2]. Company Overview - McEwen Inc. is a Canadian mining company focused on precious metals, particularly gold and silver, with additional interests in copper. The company operates production, development, and exploration projects across Argentina, Mexico, and the United States [3].