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McEwen Inc. (NYSE:MUX) Chairman and CEO Robert Ross McEwen sold 50,000 shares of common stock on September 19, 2025, for approximately $717,335. The sales were executed at prices ranging from $13.69 to $14.6625, near the stock’s 52-week high of $15.50. According to InvestingPro data, MUX shares have surged over 90% year-to-date, though technical indicators suggest the stock is currently overbought.
On the same day, McEwen also exercised options to acquire 500,000 shares of McEwen Inc. common stock at an exercise price of $1.25, for a total value of $625,000. For deeper insights into insider trading patterns and comprehensive analysis of MUX’s $806 million market cap mining operation, check out the detailed Pro Research Report available on InvestingPro.
Following the transactions, McEwen directly owns 450,000 shares of McEwen Inc. In addition, 8,236,647 shares are held by 2190303 Ontario Inc., a corporation wholly owned by McEwen, and 35,280 shares are held by McEwen’s spouse.
In other recent news, TEGNA Inc. reported a 5% year-over-year decline in revenue for the second quarter of 2025, amounting to $675 million. This decrease is attributed to challenges in the advertising market, with specific declines noted in Advertising and Marketing Services revenue, while distribution revenue remained flat. Meanwhile, McEwen Inc. announced the appointment of Ian Ball as Vice-Chairman, a new executive role aimed at enhancing the company’s strategic growth initiatives. Ball, who has been an independent director at McEwen since 2022, will focus on medium to long-term growth strategies, including plans to double production by 2030 and advance exploration efforts. These developments reflect ongoing efforts by both companies to navigate their respective market challenges and pursue growth opportunities.
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