McEwen Inc Stock Price, News & Analysis

McEwen (NYSE: MUX) reported new Froome West drill results showing continued high‑grade gold and expansion potential at the Froome Mine, Fox Complex, Timmins, Ontario.

Key facts: vertical extension +100 m (45% increase) since July 2025; notable intercepts include 23.5 gpt over 3.7 m and 7.7 gpt over 20.4 m (true widths); mineralization remains open at depth and to the West; four drills active and underground access established on four levels with mining commenced in upper zones.

Company plans an updated Froome West resource estimate by end of Feb 2026 and continued surface drilling into Q1 2026.

McEwen (NYSE/TSX: MUX) reported Q3 2025 results and released a plan to double consolidated production to 250,000–300,000 GEOs by 2030 through advances at Fox Complex, Gold Bar Complex and El Gallo. Q3 revenue fell to $50.5M on sales of 14,968 GEOs, while adjusted EBITDA rose 12% to $11.8M. Management cut 2025 full‑year production guidance to 112,000–123,000 GEOs and raised full‑year cash cost guidance for 100% assets to $2,028–$2,128/oz and AISC to $2,356–$2,456/oz. Key developments: Stock Mine mid‑2026 start, El Gallo Phase 1 targeted mid‑2027, Grey Fox resource update in Q4 2025, Los Azules feasibility and RIGI benefits secured. Cash was $51.2M and debt principal $130.0M at Sept 30, 2025.

McEwen (NYSE: MUX) will hold a conference call to discuss its Q3 2025 financial results on Thursday, November 6, 2025 at 11:00 AM EST.

Management will review financial results and project developments and will host a live question-and-answer session allowing participants to ask questions by phone during the webcast.

Dial-in options include Toll Free North America (888) 210-3454 and Toll Dial-In (646) 960-0130; the conference ID is 3232920. A live webcast and an archived replay (available ~two hours after the call) are accessible via the company media page and the provided webcast link.

McEwen (NYSE: MUX) agreed on Nov 3, 2025 to acquire an approximately 31% fully diluted equity interest in Britannia Mining Solutions, trading as Paragon Geochemical.

McEwen will buy 648,002 shares from Britannia Life Sciences and 226,286 shares via a Paragon private placement at a deemed price of CDN$17.50 per share, payable in McEwen shares, representing a total investment of CDN$15.3 million. Upon closing McEwen will be Paragon’s largest shareholder, Ian Ball will join Paragon’s board, and McEwen can nominate one additional director.

Paragon operates 3 laboratories, plans to build 8 additional sites over the next two years, is ISO 17025:2017 accredited, deploys PhotonAssay™ technology, and is in the process of becoming publicly traded.

McEwen (NYSE/TSX: MUX) refiled an amended NI 43-101 Technical Report for the Fox Complex on Oct 28, 2025 after an Ontario Securities Commission review.

The amended report adds required items 16–22 of Form 43-101F1 for an advanced property and replaces John Ryan Cox as a co-author to meet Qualified Person requirements. No other changes were made and the Mineral Resources statements remain unchanged.

McEwen (NYSE: MUX) reported new 2025 Windfall drill results at the Gold Bar Mine Complex in Nevada that expand near-surface oxide and deeper high-grade zones.

Key assays include 2.43 g/t Au over 74.7 m (including 12.79 g/t over 7.6 m) and a deeper interval of 6.10 g/t Au over 6.1 m (including 13.42 g/t over 1.5 m). Windfall mineralization is oxidized, near surface, extends along a 1.6 km fault trend and remains open for expansion. Company plans further resource-definition drilling and to publish an updated resource estimate in 2025.

McEwen Inc. (NYSE: MUX) and Canadian Gold Corp. (TSX-V: CGC) entered a definitive arrangement agreement dated October 10, 2025 under which McEwen will acquire all outstanding Canadian Gold shares by a court-approved plan of arrangement.

Under the Exchange Ratio, Canadian Gold shareholders receive 0.0225 McEwen shares per Canadian Gold share (CDN $0.60 implied), a 96.7% premium. Closing is expected in early January 2026 after shareholder and court approvals; Canadian Gold shareholders will hold ~8% of McEwen post-closing.

McEwen Copper (NYSE, TSX: MUX) announced a positive NI 43-101 Feasibility Study for its 100%‑owned Los Azules copper project in San Juan, Argentina dated Oct 7, 2025. Key economics include an after‑tax NPV(8%) $2.9B, IRR 19.8%, payback 3.9 years and initial capital $3.17B. Average copper cathode production is 204,800 t/yr (years 1–5) and 148,200 t/yr LOM; LOM recovery 70.8%. Unit costs: C1 $1.71/lb, AISC $2.11/lb. Mineral reserves are 10.2B lbs Cu. Project design targets low environmental impact: 99.99% LME‑grade cathodes, 100% renewable power, no tailings dam, and 72% lower mine‑to‑metal carbon intensity versus industry average. Accepted into Argentina’s RIGI and a collaboration agreement with IFC supports potential funding and ESG alignment. Timeline: construction target 2026, SX/EW startup 2029, first copper 2030.

McEwen Copper (NYSE:MUX) has achieved a significant milestone as its Los Azules copper project has been approved for Argentina's Large Investment Incentive Regime (RIGI). The project, representing a $2.672 billion investment, is set to become Argentina's first mining operation producing high-purity copper cathodes.

The project is expected to generate over $30 billion in export revenues and will operate entirely on renewable energy. Key RIGI benefits include 30-year legal, fiscal, and customs stability, with tax incentives such as a reduced 25% corporate tax rate and 50% reduction in dividend withholding tax.

With its Environmental Impact Declaration approved in December 2024 and feasibility study completion expected by October 2025, Los Azules is positioned to begin construction, pending engineering completion and financing.