McEwen Mining price target raised to $31 from $22 at Alliance Global

Alliance Global raised the firm’s price target on McEwen Mining (MUX) to $31 from $22 and keeps a Buy rating on the shares. “Solid” 2025 results featured a more than doubling of EBITDA relative to 2024 figures, notes the analyst, who views the company’s portfolio of operating assets as now appearing to be “on stable footing.”