McEwen Mining price target raised to $29.50 from $21.50 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on McEwen Mining (MUX) to $29.50 from $21.50 and keeps a Buy rating on the shares. The company’s Los Azules project meaningfully benefits from higher spot prices, the analyst tells investors in a research note.