Loading…
Loading…
McEwen will sell its non-core Timmins assets for $55 million, unlocking capital to fund mine development and target 250,000-300,000 gold-equivalent ounces by 2030.
McEwen fell 19% since September, and the market is fixed on the 5 November results and the Gold Bar recovery. Gold Bar matters, about $3 a share in my valuation. Los Azules carries $13 of my $31 risked value, and its equity price decides how much of it McEwen keeps. The gold mines plus Grey Fox, risked, already cover the share price; the copper stake is close to free.
Ero Copper (NYSE: ERO - Get Free Report) and McEwen (NYSE: MUX - Get Free Report) are both materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, institutional ownership, valuation, analyst recommendations and risk. Volatility and Risk Ero Copper has a beta of
TORONTO, Oct. 09, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) announces that it and its wholly-owned subsidiaries Lexam VG Gold Inc. ("Lexam") and VG Holdings Inc. ("VG" and collectively with Lexam, the "McEwen Subsidiaries") have entered into a definitive asset purchase and sale agreement (the "APA") with Dome Mine Ltd. ("Dome"), a wholly-owned subsidiary of Discovery Mining Ltd.
McEwen NYSE: MUX outlined a strategy centered on advancing its Los Azules copper project in Argentina, expanding its gold and silver production profile and positioning its mining operations around environmental and community considerations.
Shares of McEwen Inc. (NYSE: MUX - Get Free Report) (TSE: MUX) have been given a consensus rating of "Moderate Buy" by the five analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1
TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) said Thursday that McEwen Copper Inc. has closed a $240 million senior secured four-year term loan to advance the Los Azules copper, gold and silver project in San Juan, Argentina, a project on which TNR holds a 0.4% net smelter returns royalty.
McEwen is rated BUY with a $31 target, driven by long-term asset growth and copper exposure. MUX's investment thesis centers on production ramping from 115,700 oz in 2025 to up to 300,000 oz by 2030, with minimal dilution. Los Azules copper project represents significant optionality; 46% stake and royalty are not fully priced in at current levels.