Roth Capital raised the firm’s price target on McEwen Mining (MUX) to $15 from $12 and keeps a Buy rating on the shares. The firm is updating its model on miners after boosting its assumed gold prices, estimating average gold price per ounce of $3,294 for Q2, $3,300 for Q3, and $3,150 for Q4 2025, the analyst tells investors in a research note.
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Read More on MUX:
- McEwen Mining Shareholders Approve Name Change and Governance
- McEwen Mining price target raised to C$21.25 from C$20 at National Bank
- McEwen Mining’s Earnings Call: Balancing Growth and Challenges
- McEwen Mining’s Strategic Growth Initiatives and Financial Outlook Support Buy Rating Despite Challenges
- McEwen Mining price target lowered to $15.50 from $18 at H.C. Wainwright
