McEwen (MUX) COO William Shaver Buys 18,920 Shares

McEwen Inc. (NYSE: MUX) Chief Operating Officer William Shaver acquired 18,920 shares of the mining company's stock on June 29, 2026, according to a filing with the Securities and Exchange Commission. The transaction was executed under code M, which typically indicates the exercise of options or derivatives.

This transaction stands out because of its size relative to other recent insider activity at McEwen. While several company executives have been active in the market, their individual purchases and sales have generally involved much smaller blocks of stock. This acquisition significantly boosts Shaver's direct involvement in the company's equity.

On Wednesday, shares of McEwen were trading at $17.94. This puts the stock in the lower half of its 52-week range, where it has fluctuated between a low of $14.42 and a high of $29.70. The stock is currently trading slightly below its 50-day moving average of $18.86 and below its 200-day moving average of $21.20. McEwen has a market capitalization of approximately $1.16 billion and is profitable, carrying a price-to-earnings (P/E) ratio of 14.98.

Recent Earnings

In its latest financial performance reports, McEwen posted annual revenue of $248.44 million, showcasing robust revenue growth of 26.8%. The gold and silver producer also holds a healthy net margin of 32.46% and a return on equity of 13.54%. Investors are looking ahead to the next earnings announcement, which is scheduled for November 4, 2026.

Insider Buying and Selling at McEwen Inc.

Other executives at McEwen have also made moves in the market recently, though on a smaller scale. On June 28, 2026, Chief Financial Officer Perry ING sold 2,666 shares and also acquired 386 shares. On the same day, Vice President of Finance Jeffrey Chan sold 1,799 shares and bought 836 shares. Other transactions on June 28, 2026, included General Counsel Carmen Diges selling 1,833 shares and VP of Corporate Development Spears Stephan Michael selling 1,700 shares. These transactions were reported as direct sales with no transaction price listed.

Analysts Set New Price Targets

Wall Street analysts have maintained an optimistic view of the mining company. On August 10, 2026, Roth Capital kept its buy rating on the stock but trimmed its price target from $35.00 to $31.00. Just a few days earlier, on August 7, 2026, HC Wainwright & Co. also maintained a buy rating, adjusting its target price from $29.50 to $28.00. Overall, the consensus among the five analysts covering the stock is a strong buy, with an average price target of $31.20.

About McEwen

McEwen is a Toronto-based precious metals mining company that focuses on exploring for, developing, and producing gold, silver, and copper. Its core assets include the Gold Bar mine in Nevada, the Fox Complex in Ontario, Canada, and the Fenix project in Mexico. The company, which was formerly known as McEwen Mining Inc., changed its name in June 2025 to reflect its broader operational scope.

What's Ahead for MUX

Investors monitoring McEwen will want to watch how the stock reacts to its next earnings report on November 4, 2026, as well as whether other insiders follow Shaver's lead with larger equity purchases. While insider buying can show executive confidence in a company's prospects, it is just one factor to weigh alongside broader market conditions and commodity prices.