McEwen (MUX) General Counsel Carmen Diges Sells 5,220 Shares

Carmen Diges, the General Counsel at McEwen Inc. (NYSE: MUX), sold 5,220 shares on June 29, 2026. The total value of the shares was reported as $0, indicating that specific pricing details were not disclosed. This sale is part of a wave of insider trading at the company.

Inside Carmen Diges's Trade

Diges's recent sale adds to notable insider activity at McEwen. The shares sold at a price of $17.94, which is below the previous closing price of $19.00. The transaction occurred under a standard code for such sales, and it was not planned in advance.

Other Institutional Activity in McEwen Inc.

Other institutional investors have also been active with McEwen Inc. Blackrock Inc. increased its stake by 2,798,377 shares, bringing its total holdings to 4,746,836 shares valued at about $76.4 million. State Street Corporation added 891,004 shares, ending with 4,254,551 shares worth around $68.5 million. Conversely, Mirae Asset Global ETFs Holdings Ltd. and Van Eck Associates Corporation both trimmed their positions, reducing their holdings by 79,807 and 49,738 shares respectively.

McEwen Inc. Stock Down 5.6%

Shares of McEwen Inc. are currently trading at $17.94, which is near the lower end of its 52-week range of $14.42 to $29.70. The stock is also trading below its 50-day moving average of $18.86, suggesting some recent weakness. The market cap of the company stands at about $1.16 billion, reflecting its position in the industry.

Recent Earnings

In its last earnings report, McEwen Inc. reported revenue of $248.4 million, showing a growth rate of 26.8%. The earnings per share stood at $1.26, with a net margin of about 32.5%. The next earnings report is scheduled for November 4, 2026.

Insider Buying and Selling at McEwen Inc.

On June 29, 2026, besides Diges's sale, other insiders were active as well. Ian Ball sold 310 shares, while CFO Perry ING bought 1,114 shares, further increasing his stake in the company. Both transactions reflect ongoing interest in insider trading at McEwen Inc.

Analysts Set New Price Targets

Analysts have maintained a positive outlook on McEwen Inc. On August 10, 2026, Roth Capital maintained a Buy rating with a price target of $31.00, down from a prior target of $35.00. Similarly, HC Wainwright & Co. reiterated a Buy rating with a target of $28.00 on August 7, 2026. The average target price among analysts stands at $31.20, with a consensus rating of Strong Buy from five analysts.

About McEwen Inc.

McEwen Inc. focuses on exploring, developing, and producing gold and silver deposits, primarily across the U.S., Canada, Mexico, and Argentina. The company's recent insider trading activity indicates a dynamic environment as it continues to expand its operations in the precious metals sector.

Bottom Line

As McEwen Inc. approaches its next earnings report on November 4, 2026, investors will be watching for further insider trading activities and any shifts in analyst sentiment. The most recent Form 4 filings reflect the ongoing changes in the company's insider stakes but may not represent current positions.