McEwen Inc

MUX

Market cap $1.33B

Does McEwen (MUX) have what it takes to be a top stock pick for momentum investors? Let's find out.

TORONTO, Jan. 13, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to announce the final drill results to be included in the upcoming Mineral Resource Estimate for the Tartan Mine Project, near Flin Flon, Manitoba (Fig. 1). McEwen completed the acquisition of Tartan on January 5, 2026, through the purchase of Canadian Gold Corp. The updated Mineral Resource Estimate is expected to be released by the end of February and will be used to develop future plans as the Company targets doubling production by 2030. Highlights from the recent results include an intercept of 7.5 gpt gold over 18.9 metres . This expands the gold mineralization along the Western Flank beyond the previous result reported by Canadian Gold Corp., which returned 12.3 gpt gold over 14.0 metres (press release dated November 27, 2025). There appears to be excellent potential to further expand the size of the Tartan resource as the Main Zone is widening at depth while encountering similarly high gold grades (Fig. 3).

Toronto, Ontario and Flin Flon, Manitoba--(Newsfile Corp. - January 6, 2026) - McEwen Inc. (NYSE: MUX) (TSX: MUX) ("McEwen") and Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold") are pleased to announce the completion of the previously announced business combination between McEwen and Canadian Gold by way of statutory plan of arrangement (the "Arrangement"). Shareholders of Canadian Gold approved the Arrangement on December 5, 2025 and a final order approving the Arrangement was issued by the British Columbia Supreme Court on December 10, 2025, as amended by a further order of the British Columbia Supreme Court according to the Amending Agreement described below.

TORONTO and FLIN FLON, Manitoba, Jan. 06, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (“McEwen”) (NYSE/TSX:MUX) and Canadian Gold Corp. (“Canadian Gold”) (TSX-V:CGC) are pleased to announce the completion of the previously announced business combination between McEwen and Canadian Gold by way of statutory plan of arrangement (the “Arrangement”). Shareholders of Canadian Gold approved the Arrangement on December 5, 2025 and a final order approving the Arrangement was issued by the British Columbia Supreme Court on December 10, 2025, as amended by a further order of the British Columbia Supreme Court according to the Amending Agreement described below.

TORONTO, Dec. 16, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to announce that the extension of its Environmental Impact Assessment (Manifestación de Impacto Ambiental) for the El Gallo Mine has been granted by the Mexican government. This approval is a critical step that will allow McEwen to begin Phase 1 Mill Construction. The Company is targeting mid-2026 for construction start, and mid-2027 for its first gold pour. McEwen has purchased the ball mill, which is onsite at the mine. The Company has also started work on Phase 2, which will involve production from the project's in-situ silver deposits. This could extend the life of El Gallo well beyond the initial 10 years contemplated under Phase 1.

McEwen trades at a 47% discount to my $27-$28 price target, still offering significant upside as operational catalysts materialize. Despite a tough Q3 2025—missing revenue and EPS expectations—MUX improved year-over-year financials, with net loss down 76% and adjusted EBITDA up 12%. Operational setbacks are transitional: Fox Complex is shifting to new ore sources, and Gold Bar's aggressive stripping sets up a production rebound in late 2025 and 2026.

McEwen Mining (MUX) offers exposure to struggling gold operations with turnaround potential and a high-upside stake in the world-class Los Azules copper project. Gold mines face soaring costs and operational setbacks, but high gold prices and development spending provide some cash flow stability. Los Azules drives most of MUX's valuation; its NPV8 is $2.9B at $4.35/lb copper, with major upside if copper prices rise further.

TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is advancing three key areas at its Gold Bar Mine Complex in the Eureka Mining District of Nevada, to increase resources, extend mine life and potentially increase annual gold production: 1) Lookout Mountain 2) Windfall, and now 3)  Unity Ridge (Figure 1). The Company believes that integrating these areas into the mine plan has the potential to transform the Gold Bar Mine Complex into a long-life asset. Recent drilling has delivered strong intercepts including the following, highlighting the growth potential at Gold Bar:

Flin Flon, Manitoba--(Newsfile Corp. - December 5, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold") is pleased to announce that at a special meeting of its shareholders (the "Meeting") held on December 5, 2025, shareholders overwhelmingly approved the special resolution authorizing the previously announced business combination with McEwen Inc. (NYSE: MUX) (TSX: MUX) ("McEwen") to be completed by way of statutory plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia). The Arrangement was approved by 99.998% of the votes cast by shareholders present in person or represented by proxy at the Meeting.

TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) is pleased to announce new drill results from its Froome Mine, part of the Fox Complex in Timmins, Ontario (Figure 1). Based on our confidence in the geological potential, four drills are now active at Froome West, targeting further expansion of these excellent results.