MUX McEwen Inc. Insider Trading

Director Stephen Douglas Kaszas purchases 1,000 shares of MUX at $18.36; holdings surge +161.0%, stock down -40.1% from 52-week high

Stephen Douglas Kaszas purchased 1,000 shares at $18.36 on 2026-06-05, tripling his position to 1,621 shares (+161.0% net change). This represents meaningful accumulation by a director at a moment when the stock trades at $17.79, down -40.1% from its 52-week high of $29.70 and down -26.6% over the prior 30 days. The company exhibits strong fundamentals: latest-quarter revenue of $74.0M, net income of $33.4M, annual revenue growth of +13.2%, and a market cap of $1.1B, though the P/E multiple of 27.80 remains elevated relative to historical lows. The timing of this purchase during a sharp drawdown creates a factual contrast worth noting: the director acquired shares while price momentum has deteriorated substantially, yet the underlying business metrics remain positive.

McEwen Inc. Chairman/CEO Robert Ross sells 50,000 shares at $14.35; post-transaction holdings 450,000 shares

Robert Ross, Chairman and CEO of McEwen Inc. (MUX), executed a sale of 50,000 shares on 2025-09-19 at $14.35 per share, reducing his holdings from 500,000 to 450,000 shares. The transaction occurred within the 52-week trading range and as the stock trades near its recent highs ($14.82 current vs. $14.99 52-week high). Context reveals a company with mixed fundamentals: revenue of $46.7M in the latest quarter with 5.0% annual growth, yet the company was unprofitable over its most recent full fiscal year, and current P/E stands at 211.71. The sale itself—a 10% reduction in holdings—occurs amid strong recent price momentum (36.5% gain over 30 days, 61.4% gain over 90 days), though without visibility into trade scheduling or forward guidance, the strategic intent remains unclear.

Director Darveau-Garneau buys 2,285 shares of MUX at $8.36; new entrant position as stock down 30.3% from 52-week high

Darveau-Garneau Nicolas, a director, acquired 2,285 shares at $8.36 on 2024-12-06, establishing an initial position with no prior holdings. The purchase occurred when MUX was trading 30.3% below its 52-week high of $12.26, yet the company is showing strong annual revenue growth of 50.6% and posted a quarterly revenue of $52.2M. However, the latest quarterly net income was $-2.1M, indicating the company is not yet profitable despite its growth trajectory. The current price of $8.55 is just marginally above the transaction price, and the 30-day decline of 4.0% suggests recent weakness, though the stock remains above its 52-week low of $5.94.