Bullboard - Stock Discussion Forum McEwen Mining Inc T.MUX

Primary Symbol: MUX

Metals & Mining Gold

McEwen Mining Inc. is a gold and silver producer. It owns over 48% of McEwen Copper Inc., which owns the Los Azules copper project in Argentina. Its segments include Canada, United States, Mexico, Minera Santa Cruz S.A. (MSC) and McEwen Copper. The United States segment includes the Gold Bar mine and its exploration properties in the State of Nevada. Canada segment includes the Fox Complex gold... see more

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McEwen Mining Inc > McEwen Mining Chairman Provides Price Target In Q3 Results T

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Post by AwareInvestor on Nov 07, 2022 9:25am

McEwen Mining Chairman Provides Price Target In Q3 Results T

It’s always a positive sign when a company includes a price target from its Chairman – who owns 17% of the company with over $220 million invested – within a quarterly earnings report, right?

McEwen Mining did just that this morning with the release of their third quarter financial results. The results were toplined by revenues of $26.0 million, a decline from the $30.6 million recognized in the second quarter.

https://thedeepdive.ca/mcewen-mining-chairman-provides-price-target-in-q3-results-to-distract-from-further-losses-guidance-cut/

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Comment by gisellekronk on Nov 07, 2022 5:06pm

well , mcewan got 1 part right when he said ..." “The operating challenges we faced in recent years have severely damaged our credibility with our shareholders and the market " ... the poor saps that are thinking of investing in the copper shares , need to look at the history of the gold shares and then run as fast as they can away . rob should be laughed at not ...more

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