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Toronto - Jeffrey Chan, VP - Finance at McEwen Inc (NYSE:MUX), sold 13,333 shares of common stock on September 22, 2025, for approximately $198,525. The sales prices ranged from $14.59 to $15.103, near the stock’s 52-week high of $15.50. The company, currently valued at $785 million, has shown remarkable momentum with an 87% price return over the past six months. According to InvestingPro analysis, MUX is currently trading at Fair Value.
On the same day, Chan also exercised options to acquire 13,333 shares of McEwen Inc. common stock at a price of $7.1, totaling $94664. These options stemmed from a stock option grant, exercisable in three equal annual installments, beginning June 29, 2024. InvestingPro data shows the company maintains strong financial health with a current ratio of 2.35 and operates with moderate debt levels. Get access to 8 more exclusive ProTips and comprehensive analysis in the Pro Research Report.
In other recent news, TEGNA Inc. reported a 5% year-over-year decline in revenue for the second quarter of 2025, with total revenues reaching $675 million. The decline was primarily attributed to a challenging advertising market, affecting 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. Ball, previously an independent director at McEwen, will focus on driving medium to long-term growth strategies, including efforts to double production by 2030. Additionally, McEwen Copper, a subsidiary of McEwen Inc., has signed a collaboration agreement with the International Finance Corporation (IFC) for its Los Azules copper project. This agreement aligns the project with IFC’s environmental, social, and governance standards and could lead to future financing opportunities. These developments highlight key strategic moves and financial results impacting both companies.
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