McEwen Inc VP Spears sells shares for $180,781

Published 20/11/2025, 01:00
McEwen Inc VP Spears sells shares for $180,781

Stephan Michael Spears, VP Corporate Development at McEwen Inc (NYSE:MUX), sold 12,600 shares of common stock on September 19, 2025, for a total of $180,781. The shares were sold at a weighted average price of $14.3477, with individual sales prices ranging from $13.71 to $14.65.

On the same day, Spears also exercised options to acquire 12,600 shares of McEwen Inc. common stock at an exercise price of $1.25, for a total value of $15750. These options were set to expire on September 28, 2025, and vested in three equal annual installments beginning September 29, 2021.

Following these transactions, Spears directly owns 3,814 shares of McEwen Inc.

In other recent news, McEwen Mining Inc. reported its financial results for the third quarter of 2025, revealing a net loss that fell short of market expectations. The company posted an earnings per share (EPS) of -$0.01, which was significantly below the anticipated $0.2533, marking a surprise miss of 103.95%. Revenue also did not meet projections, coming in at $50.53 million compared to the expected $64.22 million, representing a 21.32% shortfall. These recent developments highlight the challenges McEwen Mining faced in meeting its financial targets. The earnings miss has been noted by analysts, although there are no specific upgrades or downgrades reported from major firms at this time. Investors are likely to monitor how McEwen Mining addresses these financial discrepancies in the coming quarters. The company’s performance will be under scrutiny as stakeholders assess its strategies for improving financial results.

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