Are Basic Materials Stocks Lagging McEwen Mining (MUX) This Year?
Here is how McEwen (MUX) and Equinox Gold (EQX) have performed compared to their sector so far this year.
TNR Gold highlights milestone for Los Azules project with EIA approval by McEwen Copper
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) announced a major development for the Los Azules copper project in Argentina, as McEwen Mining confirmed the approval of the Environmental Impact Assessment (EIA), a significant step toward feasibility, construction, and future operations. TNR Gold holds a 0.4% net smelter returns royalty (NSR) on the Los Azules copper, gold, and silver project, operated by McEwen Copper Inc., a subsidiary of McEwen Mining.
McEwen Copper Secures Environmental Permit for Construction and Operation of Los Azules
TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce the approval of the Environmental Impact Assessment (EIA) for its Los Azules copper project. The Environmental Impact Statement (EIS), which is the ministerial resolution approving the EIA, is a key permitting milestone on the way to feasibility, construction and future operation.
McEwen Copper seeks $2.5B investment to advance Los Azules project
McEwen Copper, part of McEwen Mining Inc (TSX:MUX, NYSE:MUX), is seeking $2.5 billion in funding to move forward with the construction of its Los Azules copper mine in Argentina, the company's vice president Michael Meding told Reuters in an interview Thursday. The company has already invested more than $400 million in the project, located in Argentina's northern mountains, a region that has largely remained untapped for copper due to the country's challenging economic conditions and stringent capital controls.
McEwen Mining, Inc. (MUX) Q3 2024 Earnings Call Transcript
McEwen Mining, Inc. (NYSE:MUX ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Rob McEwen - Chairman & Chief Owner William Shaver - COO Perry Ing - CFO Jeff Chan - VP, Finance Stefan Spears - VP, Corporate Development Michael Meding - VP & GM, McEwen Copper\ Carmen Diges - General Counsel & Secretary Conference Call Participants Jake Sekelsky - Alliance Global Partners Joseph Reagor - Roth Capital Partners Heiko Ihle - H.C. Wainwright Chris White - TELUS Ventures Mike Kozak - Cantor Fitzgerald Operator Hello, ladies and gentlemen, welcome to McEwen Mining Q3 2024 Operating and Financial Results Conference Call.
McEwen (MUX) Reports Q3 Loss, Tops Revenue Estimates
McEwen (MUX) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.39 per share a year ago.
McEwen Mining: Q3 2024 Results
TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today released its financial and operational results for the third quarter ended September 30, 2024 (“Q3”). The Company achieved significant improvements in revenue and operating profitability, driven by higher gold prices and strong production. The results reflect McEwen Mining's ongoing commitment to expanding gold and silver production, advancing its large copper project and robust investment in exploration programs.
McEwen Mining Q3 2024 Results Conference Call
TORONTO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q3 2024 financial results on Wednesday, November 6 th , 2024, at 11:00 AM EST, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast.
Wall Street Analysts Believe McEwen (MUX) Could Rally 27.65%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 27.7% in McEwen (MUX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
McEwen Copper Announces an Additional US$35 Million Investment by Nuton, a Rio Tinto Venture
TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce closing of an additional $35 million investment by Nuton LLC, a Rio Tinto Venture.
McEwen (MUX) Now Trades Above Golden Cross: Time to Buy?
After reaching an important support level, McEwen Mining Inc. (MUX) could be a good stock pick from a technical perspective. MUX recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Is the Options Market Predicting a Spike in McEwen Mining (MUX) Stock?
Investors need to pay close attention to McEwen Mining (MUX) stock based on the movements in the options market lately.
