McEwen Inc. (MUX)
McEwen Mining Inc. (MUX) is a precious metals mining company engaged in the exploration, acquisition, and development of mineral properties primarily in North and South America. Founded by Rob McEwen, it focuses on gold and silver production through its established mining operations and projects, aiming to grow its resources and reserves with a commitment to responsible mining practices.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 4, 2018 | $0.01 | 2018-08-24 | 2018-08-27 |
| February 14, 2018 | $0.01 | 2018-02-01 | 2018-02-02 |
| February 14, 2017 | $0.01 | 2017-02-01 | 2017-02-03 |
| August 29, 2016 | $0.01 | 2016-08-22 | 2016-08-24 |
| February 12, 2016 | $0.01 | 2016-02-01 | 2016-02-03 |
Dividends Summary
- McEwen Inc. has issued 6 dividend payments over the past 3 years
- The most recent dividend was paid 2605 days ago, on September 4, 2018
- The highest dividend payed out to investors during this period was $0.01 per share
- The average dividend paid during this period was $0.01 per share.
Company News
McEwen Inc. reported promising drilling results at the Windfall site in Nevada, discovering near-surface oxide gold mineralization with grades ranging from 0.77 to 2.43 grams per tonne across multiple drill holes, potentially expanding gold resources and mine life at the Gold Bar Mine Complex.
Gold prices exceeded $4,200 per ounce, driving increased merger and acquisition activity in the mining sector. Multiple gold companies announced strategic acquisitions and partnerships, with Bank of America predicting potential gold prices reaching $5,000 in 2026.
McEwen, a gold and silver mining company, reported a quarterly loss of $0.26 per share, missing the Zacks Consensus Estimate of a loss of $0.22. However, the company's revenues of $47.48 million surpassed the consensus estimate. The stock has outperformed the S&P 500 so far this year.
The automaker has said it would be sharing its good fortune with shareholders.
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