German construction sector still in recession, civil engineering only bright spot
Director Richard W. Brissenden of McEwen Inc. (NYSE:MUX) sold 11,203 shares of common stock on September 22, 2025, for a total of $166,771. The sales were executed at prices ranging from $14.8834 to $14.8885. The transaction occurred as the stock trades near its 52-week high of $15.50, having gained 87% over the past six months. According to InvestingPro analysis, the company’s current Fair Value indicates it is fairly valued.
On the same day, Brissenden also exercised options to acquire 15,834 shares of McEwen Inc. common stock, for a total value of $68546. These options had exercise prices of $1.25 and $7.1.
Following these transactions, Brissenden directly owns 12,964 shares of McEwen Inc.
In other recent news, TEGNA Inc. reported a 5% year-over-year decline in revenue for the second quarter of 2025, with total revenue reaching $675 million. The company faced challenges in the advertising market, which contributed to a decline in Advertising and Marketing Services revenue, while distribution revenue remained flat. Meanwhile, McEwen Inc. announced the appointment of Ian Ball as Vice-Chairman to support its strategic growth initiatives, including plans to double production by 2030 and advance exploration efforts. Additionally, McEwen Copper Inc., a subsidiary of McEwen Inc., has signed a collaboration agreement with the International Finance Corporation (IFC) to align its Los Azules copper project with IFC’s environmental, social, and governance standards. This agreement is part of McEwen Copper’s financing strategy for one of the world’s largest undeveloped copper deposits, potentially leading to future debt and equity financing from the IFC. These developments reflect the companies’ ongoing efforts to navigate their respective markets and execute their growth strategies.
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