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McEwen Mining ( (MUX) ) has shared an update.
On September 26, 2025, McEwen Copper Inc.’s Los Azules project was approved to join Argentina’s Large Investment Incentive Regime (RIGI), marking a significant milestone for the project. This inclusion supports a $2.7 billion investment in developing the copper mine, which is expected to produce high-purity copper cathodes and generate substantial export revenues for Argentina. The project is designed to operate sustainably, utilizing renewable energy and minimizing environmental impacts. The RIGI provides legal and fiscal stability, enhancing operational predictability and encouraging international investment, which is crucial for the project’s development and economic contributions to the region.
The most recent analyst rating on (MUX) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on McEwen Mining stock, see the MUX Stock Forecast page.
Spark’s Take on MUX Stock
According to Spark, TipRanks’ AI Analyst, MUX is a Neutral.
McEwen Mining’s overall score is driven by strong technical momentum and positive corporate events, despite ongoing financial and valuation challenges. The company’s strategic initiatives and exploration successes provide a promising outlook, but profitability issues and overbought technical indicators warrant caution.
To see Spark’s full report on MUX stock, click here.
More about McEwen Mining
McEwen Inc. is a gold and silver producer with operations in the USA, Canada, Mexico, and Argentina. The company owns a significant stake in McEwen Copper, which is developing the Los Azules copper project in Argentina, aiming to become the country’s first regenerative copper mine. McEwen Inc. is publicly traded on the NYSE and TSX under the symbol ‘MUX’.
Average Trading Volume: 1,213,780
Technical Sentiment Signal: Buy
Current Market Cap: $841.4M
See more data about MUX stock on TipRanks’ Stock Analysis page.