McEwen (MUX) VP - Finance Jeffrey Chan Buys 836 Shares

Jeffrey Chan, the Vice President of Finance at McEwen Inc. (NYSE: MUX), purchased 836 shares on June 28, 2026. This transaction indicates his ongoing confidence in the company, as the shares were bought at a recent price of $17.94. The total value of this acquisition is approximately $17,940.

Inside Jeffrey Chan's Trade

Chan's recent buy reflects a personal investment in McEwen Inc., a company focused on the exploration and production of gold and silver in North America and beyond. This acquisition adds to his stake in the firm, signaling his commitment to its future prospects.

Other Institutional Activity in McEwen Inc.

Several institutions continue to hold large stakes in McEwen Inc. BlackRock Inc. owns 4,746,836 shares after increasing its holdings by 2,798,377 shares. State Street Corporation holds 4,254,551 shares, having added 891,004 shares recently. Meanwhile, Mirae Asset Global ETFs reduced its position by 79,807 shares, ending with 2,054,059 shares. Van Eck Associates trimmed its holdings by 49,738 shares, bringing its total to 1,519,282 shares.

McEwen Inc. Stock Down 5.6%

McEwen Inc. shares closed at $19.00 recently, which is close to its 52-week low of $14.42. The stock trades well below its 200-day moving average of $21.20, indicating potential volatility. The recent buy by Chan suggests he sees value at current levels, particularly with the share price significantly below its peak of $29.70.

Recent Earnings

McEwen Inc. reported revenue of $248.4 million, reflecting a revenue growth of 26.8% year-over-year. The earnings per share stood at $1.26, while the company achieved a net margin of 32.5%. The next earnings report is scheduled for November 4, 2026.

Insider Buying and Selling at McEwen Inc.

Recent insider activity includes Carmen Diges, the General Counsel, who sold 5,220 shares on June 29, 2026. Ian Ball also sold 310 shares on the same date. CFO Perry ING bought 1,114 shares on June 29, showing his confidence, while Ian Ball purchased an additional 160 shares, indicating support for the company’s future.

Analysts Set New Price Targets

On August 10, 2026, Roth Capital maintained a Buy rating on McEwen Inc. with a price target of $31.00, down from a prior target of $35.00. Similarly, HC Wainwright & Co. maintained a Buy rating with a price target of $28.00, lowered from $29.50. The consensus among analysts is a strong buy, with a mean price target of $31.20 from five opinions.

About McEwen Inc.

McEwen Inc. is engaged in the exploration, development, and production of gold and silver deposits across North America, with additional exploration for copper. The company is headquartered in Toronto, Ontario, and employs about 1,981 people. As of now, it has a market capitalization of approximately $1.16 billion.

Bottom Line

Looking ahead, McEwen Inc. is scheduled to release its next earnings report on November 4, 2026. Jeffrey Chan's recent purchase adds to a trend of insider buying at the company, demonstrating confidence in its growth. Keep an eye on further filings and trading activity as the market evolves.