McEwen (MUX) General Counsel Carmen Diges Sells 5,220 Shares

Carmen Diges, the General Counsel at McEwen Inc. (NYSE: MUX), sold 5,220 shares on June 29, 2026. The transaction occurred when the stock was priced at $18.13, indicating no monetary value was recorded for this trade. This sale aligns with recent insider trading activity as the company continues to navigate its position in the mining sector.

Inside Carmen Diges' Trade

Diges' sale of 5,220 shares comes amid a busy day for insiders at McEwen Inc., particularly on June 29, when various executives also made moves. This trade does not appear to signal any significant change in outlook but adds to the ongoing insider dynamics at the company.

Other Institutional Activity in McEwen Inc.

Several other institutional investors have also made changes to their positions in McEwen Inc. For instance, BlackRock Inc. increased its stake by 2,798,377 shares, bringing its total holdings to 4,746,836 shares valued at approximately $76.4 million. State Street Corporation added 891,004 shares, now holding 4,254,551 shares worth about $68.5 million. In contrast, Mirae Asset Global ETFs Holdings Ltd. reduced its position by 79,807 shares, ending with 2,054,059 shares valued at around $33.1 million.

McEwen Inc. Stock Down 4.6%

As of the latest trading session, McEwen Inc. trades at $18.13, close to its 52-week low of $14.42. The stock has shown volatility, peaking at $29.70 in the past year. Analysts remain optimistic about the stock, maintaining a price target significantly above the current trading level.

Recent Earnings

For its latest earnings report, McEwen Inc. posted revenue of $248.4 million, showing a revenue growth of 26.8% year-over-year. The company also achieved earnings per share (EPS) of $1.26, with a net margin of 32.5%. The next earnings announcement is scheduled for November 4, 2026.

Insider Buying and Selling at McEwen Inc.

On the same day as Diges' sale, other insiders also completed transactions. Ian Ball, the CEO, sold 310 shares, while he also bought 160 shares. CFO Perry ING bought 1,114 shares, showing a commitment to the company's future. COO William Shaver purchased 18,920 shares, further highlighting the active insider trading at McEwen Inc.

Analysts Set New Price Targets

Analysts have shown support for McEwen Inc. as Roth Capital maintained a 'Buy' rating on August 10, 2026, with a target price of $31.00, down from a previous $35.00. HC Wainwright & Co. also maintained a 'Buy' rating with a target of $28.00, reduced from $29.50 on August 7, 2026. The consensus among analysts suggests a strong buy with a mean target of $31.20 based on five opinions.

About McEwen Inc.

McEwen Inc. operates in the mining sector, focusing on gold and silver exploration, development, and production in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits, making it a key player in the precious metals space.

Bottom Line

Investors should monitor upcoming earnings on November 4, 2026, as McEwen Inc. continues to engage with its insider trading activities. The recent trades reflect ongoing insights into the company's performance, though the 13F filings from institutional investors reveal a complex investing landscape around the stock.