tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

McEwen Mining Unveils New High-Grade Gold Zone

Story Highlights
McEwen Mining Unveils New High-Grade Gold Zone

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

McEwen Mining ( (MUX) ) has shared an announcement.

On September 2, 2025, McEwen Inc. announced promising gold intercepts from its Grey Fox Project, indicating potential resource growth ahead of an updated estimate expected in October 2025. The following day, the company revealed the discovery of a new high-grade gold zone at its Windfall Project in Nevada. These developments underscore McEwen’s strategic focus on expanding its gold resources, with the Grey Fox Project showing significant potential due to geological similarities with other large regional deposits. The company aims to increase gold production and reduce costs by 2026, positioning itself to benefit from favorable gold market conditions.

The most recent analyst rating on (MUX) stock is a Hold with a $14.50 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 overall stock score is driven by strong technical momentum and positive earnings call insights, highlighting financial improvements and strategic growth plans. However, the score is tempered by ongoing profitability challenges and a negative valuation outlook.

To see Spark’s full report on MUX stock, click here.

More about McEwen Mining

McEwen Inc. provides exposure to gold, copper, and silver in the Americas through its producing mines in the USA, Canada, and Argentina, along with an advanced-stage copper project in Argentina. The company is publicly traded on the NYSE and TSX under the symbol ‘MUX’.

Average Trading Volume: 1,051,954

Technical Sentiment Signal: Buy

Current Market Cap: $746.1M

For an in-depth examination of MUX stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1