McEwen Inc. Joins Russell 2000® Index
Rhea-AI Summary
McEwen (NYSE/TSX:MUX) has been added to the Russell 2000® Index as part of the June 2026 Russell reconstitution, effective at the US market open on June 29, 2026.
This inclusion links to the broader Russell 3000® Index, a key US equity benchmark.
AI-generated analysis. Not financial advice.
Positive
- Added to the Russell 2000® Index effective June 29, 2026
- Potential for increased visibility among institutional and index-tracking investors
Negative
- None.
Key Figures
Peers on Argus
Momentum data flags MUX trending down while only two peers screen: ITRG moving up and MTA moving down. Mixed peer action with just one moving in the same direction suggests a stock-specific move rather than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 08 | Operational study update | Positive | +0.5% | Pre-Feasibility Study for Grey Fox outlining mine-life extension and robust returns. |
| Jun 01 | Corporate event | Neutral | -0.6% | Announcement of 2026 annual meeting and live Bullpen Q&A with management. |
| May 21 | Dividend from joint venture | Positive | -0.9% | Receipt of $49.4M dividend from San José mine, boosting liquidity and growth capacity. |
| May 14 | Project financing mandate | Positive | -8.2% | Appointment of Societe Generale as advisor for Los Azules project debt financing. |
| May 06 | Quarterly earnings beat | Positive | +2.5% | Strong Q1 2026 results with net income and revenue up sharply year over year. |
MUX has shown mixed reactions to positive updates, with roughly equal instances of aligned gains and contrarian selling after good news.
Regulatory & Risk Context
Reported short interest reflects elevated positioning, which can increase volatility and leaves room for sharp squeezes or rapid reversals if sentiment or liquidity conditions change.
Market Pulse Summary
This announcement adds MUX to the Russell 2000®, potentially broadening institutional exposure via index strategies tied to about $12.2 trillion in benchmarked assets. Elevated short interest and execution on growth plans remain key watchpoints.
Key Terms
russell 2000® index financial
russell 3000® index financial
russell 1000® index financial
semi-annual reconstitution financial
AI-generated analysis. Not financial advice.
TORONTO, June 29, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) today announced that it has been added to the Russell 2000® Index as part of the June 2026 Russell Reconstitution. The reconstitution becomes effective upon the opening of US equity markets on June 29, 2026. Membership in the Russell 2000® Index is based on inclusion in the broad-market Russell 3000® Index.
The Russell 3000® Index represents approximately
Rob McEwen, Chairman and Chief Owner of McEwen Inc., comments:
“We are delighted that McEwen has been added to the Russell 2000® Index. We believe this inclusion will increase McEwen’s visibility among institutional investors and index-tracking strategies. As we continue advancing our portfolio of gold, silver and copper assets, we remain focused on executing our growth plans, strengthening operating performance and creating long-term value for our shareholders.”
Russell indexes are global benchmarks widely used by investment managers and institutional investors for index funds and active investment strategies. According to data as of the end of June 2025, about
Fiona Bassett, CEO of FTSE Russell, an LSEG Business, comments:
“The Russell indexes have continuously adapted to the evolving dynamic US economy, and it’s crucial to fully recalibrate the suite of Russell US Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency this year will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark.”
For more information regarding the Russell indexes and the reconstitution process, visit the “Russell Reconstitution” section on the FTSE Russell website.
ABOUT MCEWEN
McEwen is a diversified gold, silver and copper company trading on the NYSE and TSX under the ticker symbol “MUX”.
The Company provides shareholders exposure to a growing base of gold and silver production in prolific mineral‑rich regions throughout the Americas including the Cortez Trend in Nevada, USA, the Timmins district of Ontario and Flin Flon in Manitoba, Canada, and the Deseado Massif in Santa Cruz province, Argentina. McEwen is also advancing the reactivation of its El Gallo gold and silver mine in Mexico. The Company’s near‑term objective is to double its total annual production to 250,000–300,000 gold equivalent ounces by 2030.
In addition, McEwen provides exposure to copper through its
Los Azules is being developed with the goal of becoming one of the world’s first regenerative copper mines and achieving carbon neutrality by 2038. The Feasibility Study released on October 7, 2025 highlights the project's strong economics and focus on environmental stewardship.
McEwen also recently purchased
Chairman and Chief Owner Rob McEwen has invested over US
ABOUT FTSE RUSSELL
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately
A core set of universal principles guides FTSE Russell index design and management: a transparent rules‑based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the Principles of the International Organization of Securities Commissions. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by LSEG.
For more information, visit FTSE Russell.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed are as at the date of this news release and are McEwen Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the Company to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, foreign exchange volatility, foreign exchange controls, foreign currency risk, and other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by the management of McEwen.
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| WEB SITE | SOCIAL MEDIA | |||||
| www.mcewenmining.com | McEwen | Facebook: | facebook.com/mceweninc | |||
| LinkedIn: | linkedin.com/company/mceweninc | |||||
| CONTACT INFORMATION | X: | X.com/mceweninc | ||||
| 150 King Street West | Instagram: | instagram.com/mceweninc | ||||
| Suite 2800, PO Box 24 | ||||||
| Toronto, ON, Canada | McEwen Copper | Facebook: | facebook.com/ mcewencopper | |||
| M5H 1J9 | LinkedIn: | linkedin.com/company/mcewencopper | ||||
| X: | X.com/mcewencopper | |||||
| Investor Relations | Instagram: | instagram.com/mcewencopper | ||||
| (866)-441-0690 - Toll free line | ||||||
| (647)-258-0395 | Rob McEwen | Facebook: | facebook.com/mcewenrob | |||
| Mihaela Iancu ext. 2006 | LinkedIn: | linkedin.com/in/robert-mcewen-646ab24 | ||||
| info@mcewenmining.com | X: | X.com/robmcewenmux | ||||
