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home / news releases / MUX:CC - MiningNewsBreaks - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned as Standout Opportunity for Investors


MUX:CC - MiningNewsBreaks - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned as Standout Opportunity for Investors

McEwen Mining’s (NYSE: MUX) (TSX: MUX) share price has shown a remarkable gain of 62.1% over the last 12 weeks, indicating strong momentum and robust performance in the market. “This trend of sustained positive momentum over time is a key indicator of the stock’s potential for continued growth, making it an attractive option for those looking to capitalize on price strength… McEwan Mining’s financial health further supports its strong market position. With a current ratio of 1.37, MUX demonstrates its capability to meet short-term obligations, although its quick ratio of 0.58 suggests a tighter liquidity position when inventory is excluded. The company’s low debt ratio of 0.064 and a debt-to-equity ratio of 0.085 indicate minimal reliance on debt financing, presenting a strong balance sheet,” a recent article reads. “With various factors in mind, MUX’s solid liquidity position, as evidenced by cash and cash equivalents of approximately $21.99 million, alongside total assets of $638.7 million against total liabilities of about $156.2 million, indicates a robust financial foundation. This financial stability, combined with the stock’s impressive market performance over the last 3 months and the positive outlook from analysts, positions McEwen Mining as a standout opportunity to review closely as investors seek opportunities in the mining sector.”

To view the full article, visit https://ibn.fm/DvGv2

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 47.7% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. Rob McEwen, MUX’s chairman and chief owner, has personally provided the company with $220 million and takes an annual salary of $1.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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For more information, please visit https://www.MiningNewsWire.com

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MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
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Editor@MiningNewsWire.com

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Stock Information

Company Name: Mcewen Mining Inc.
Stock Symbol: MUX:CC
Market: TSXC
Website: mcewenmining.com

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