Roth Capital analyst Joe Reagor raised the firm’s price target on McEwen Mining (MUX) to $30 from $23 and keeps a Buy rating on the shares. The stock is off to a fast start to 2026, with strong drill results from multiple projects, an encouraging resource update for Grey Fox, and the announced acquisition of Golden Lake, the analyst tells investors in a research note. Gold and silver prices also continue to set record highs on almost a daily basis, the firm added.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MUX:
- McEwen Mining to acquire Golden Lake Exploration
- McEwen Mining reports “significant” drill results at Gold Bar Mine, Nevada
- McEwen Mining highlights promising drill results at Tartan
- McEwen Mining completes business combination with Canadian Gold
- McEwen Closes Canadian Gold Deal, Targets Tartan Mine Restart and Growth in Gold Portfolio