McEwen (NYSE:MUX) Director Sells $59,375.75 in Stock

Posted by Geri Gentry on Jul 4th, 2026

McEwen Inc. (NYSE:MUX – Get Free Report) (TSE:MUX) Director Richard Brissenden sold 3,275 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $18.13, for a total transaction of $59,375.75. Following the transaction, the director owned 18,022 shares in the company, valued at $326,738.86. This represents a 15.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

McEwen Trading Down 0.1%

Shares of NYSE:MUX opened at $18.89 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.81 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $1.13 billion, a PE ratio of 16.01 and a beta of 1.21. McEwen Inc. has a 1 year low of $9.82 and a 1 year high of $29.70. The firm has a fifty day moving average price of $20.85 and a 200 day moving average price of $22.25.

McEwen (NYSE:MUX – Get Free Report) (TSE:MUX) last posted its earnings results on Wednesday, May 6th. The basic materials company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.15. McEwen had a return on equity of 13.65% and a net margin of 31.40%.The company had revenue of $74.05 million for the quarter, compared to analyst estimates of $67.32 million. Analysts expect that McEwen Inc. will post 1.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MUX. Weiss Ratings downgraded McEwen from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Wall Street Zen cut McEwen from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. HC Wainwright increased their price target on McEwen from $21.50 to $29.50 and gave the company a “buy” rating in a report on Wednesday, March 18th. Zacks Research raised shares of McEwen from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Roth Mkm boosted their price objective on shares of McEwen from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.83.

Get Our Latest Analysis on MUX

Institutional Investors Weigh In On McEwen

Hedge funds have recently modified their holdings of the business. Bank of America Corp DE grew its stake in shares of McEwen by 1,347.7% in the first quarter. Bank of America Corp DE now owns 534,824 shares of the basic materials company’s stock worth $10,921,000 after acquiring an additional 497,882 shares during the last quarter. California State Teachers Retirement System raised its stake in McEwen by 45.7% during the 1st quarter. California State Teachers Retirement System now owns 60,857 shares of the basic materials company’s stock valued at $1,243,000 after purchasing an additional 19,077 shares during the last quarter. Empowered Funds LLC raised its stake in McEwen by 6.1% during the 1st quarter. Empowered Funds LLC now owns 275,384 shares of the basic materials company’s stock valued at $5,623,000 after purchasing an additional 15,886 shares during the last quarter. Entropy Technologies LP bought a new stake in McEwen in the 1st quarter valued at $206,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in McEwen in the 1st quarter worth $271,000. 17.03% of the stock is owned by institutional investors.

McEwen Company Profile

(Get Free Report)

McEwen Mining Inc (NYSE: MUX) is a Canada-based precious metals company focused on the exploration, development and production of gold, silver and copper. Headquartered in Toronto, the company pursues a diversified portfolio of assets across the Americas, with operations and projects spanning Argentina, Mexico, Canada and the United States. McEwen Mining employs an integrated approach that combines in-house technical expertise with strategic partnerships to advance its assets from resource definition through to commercial production.

The company’s flagship producing asset is the San José mine in Argentina, a high-grade silver-gold operation.