Roth Capital raised the firm’s price target on McEwen Mining (MUX) to $23 from $21 and keeps a Buy rating on the shares. McEwen has received an extension of its EIA for El Gallo allowing the company to begin construction of the Fenix project, and as a result, Roth has added the mine to its production model beginning in mid-2027, the analyst tells investors in a research note.
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