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McEwen Mining ( (MUX) ) has issued an update.
On June 27, 2025, McEwen Copper Inc., in which McEwen Mining Inc. holds a 46.4% equity interest, secured a $25 million non-revolving term loan through a Loan Agreement with Evanachan Limited and other lenders. This loan, which bears a 12% annual interest rate, is intended for general working capital and funding feasibility study costs, with a maturity date set for June 27, 2026. Additionally, on June 29, 2025, McEwen Mining issued restricted stock units and shares of restricted common stock to its executive officers under its 2024 Equity and Incentive Plan, with vesting periods subject to time-based restrictions and potential acceleration in certain circumstances.
The most recent analyst rating on (MUX) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on McEwen Mining stock, see the MUX Stock Forecast page.
Spark’s Take on MUX Stock
According to Spark, TipRanks’ AI Analyst, MUX is a Neutral.
McEwen Mining’s stock score is balanced by strong technical momentum and improved liquidity against the backdrop of ongoing profitability challenges and high operational costs. Technical analysis provides the most significant positive impact, while valuation and financial performance remain areas of concern.
To see Spark’s full report on MUX stock, click here.
More about McEwen Mining
McEwen Mining Inc. is a company involved in the mining industry, with a significant equity interest in McEwen Copper Inc. The company focuses on mining operations and related activities.
Average Trading Volume: 746,022
Technical Sentiment Signal: Buy
Current Market Cap: $593.9M
Learn more about MUX stock on TipRanks’ Stock Analysis page.