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

William Shaver, Chief Operating Officer of McEwen Inc., sold 18,920 shares of the company on June 29, 2026. The shares were sold at a market price of $17.94, totaling a value of $0.0. This transaction reflects a continuation of insider trading activity at McEwen, where multiple executives have recently made moves.

Insider Buying and Selling at McEwen Inc.

On the same day as Shaver's sale, several other insiders also made transactions. Carmen Diges, General Counsel, sold 5,220 shares, while CFO Perry ING bought 1,114 shares. Ian Ball sold 310 shares and another 160 shares on June 29, 2026. These trades show a mix of selling and buying among the leadership, with different strategies being employed.

Other Institutional Activity in McEwen Inc.

Other institutional investors have also shown interest in McEwen Inc. Blackrock Inc. has 4,746,836 shares valued at about $76.4 million, following a 143.6% increase from prior holdings. State Street Corporation holds 4,254,551 shares worth approximately $68.5 million, after adding 891,004 shares, a 26.5% increase. Meanwhile, Mirae Asset Global ETFs Holdings Ltd. reduced its holdings by 79,807 shares, bringing its total to 2,054,059 shares valued at around $33.1 million.

McEwen Inc. Stock Down 5.6%

Currently, McEwen Inc. shares are trading at $17.94. This price is below their 52-week high of $29.70 and close to the 52-week low of $14.42. The stock has been relatively volatile, and Shaver’s sale comes as the stock price has decreased from a previous close of $19.00.

Recent Earnings

In its last reported quarter, McEwen Inc. generated $248.44 million in revenue, reflecting a revenue growth of 26.8% year over year. The company reported an earnings per share (EPS) of $1.26. The next earnings report is scheduled for November 4, 2026.

Analysts Set New Price Targets

Analysts continue to show confidence in McEwen Inc. On August 10, 2026, Roth Capital maintained a "Buy" rating with a target price of $31.00, down from a previous target of $35.00. HC Wainwright & Co. also maintained a "Buy" rating with a new target of $28.00 on August 7, 2026. The consensus price target across analysts is $31.20, indicating strong bullish sentiment.

About McEwen Inc.

McEwen Inc. engages in the exploration, development, production, and sale of gold and silver deposits in North America and South America. The company also explores for copper deposits, which adds a layer of diversification to its mining operations. This insider activity highlights ongoing developments within the company’s leadership.

Bottom Line

As insider trading continues at McEwen Inc., it will be interesting to see how these movements affect the stock moving forward. The next earnings report on November 4 will provide more insight into the company's performance. Remember, the reported transactions reflect positions as of the date of the trade and may not represent current holdings.