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McEwen Mining ( (MUX) ) has shared an update.
On January 31, 2025, McEwen Mining Inc. amended its credit agreement, extending its maturity date to August 31, 2028, and allowing the issuance of up to $110 million in unsecured convertible senior notes due 2030. The company plans to use the proceeds from this offering to cover capped call transactions, repay $20 million of its existing credit agreement, and for general corporate purposes. Additionally, McEwen Mining faces potential impacts from recently announced tariffs on imports from Mexico and Canada, which could increase operational costs and affect competitiveness.
More about McEwen Mining
YTD Price Performance: 5.45%
Average Trading Volume: 552,782
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $461M
See more data about MUX stock on TipRanks’ Stock Analysis page.