Should I Buy MUX? MUX 2026 Analysis

Should You Buy McEwen Inc (MUX) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

27.650

1 Day change

-4.82%

52 Week Range

29.700

Analysis Updated At

2026/01/26

McEwen Inc. (MUX) is not a strong buy at this time for a beginner investor with a long-term focus and $50,000-$100,000 to invest. While there are some positive catalysts, the financial performance and insider selling trends raise concerns. A hold position is recommended until further clarity on financial recovery and insider sentiment is observed.

Technical Analysis

The stock is currently in an overbought condition with RSI at 86.401, indicating potential for a pullback. MACD is positive and expanding, suggesting bullish momentum. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), and the stock is trading near resistance levels (R1: 26.097, R2: 27.684).

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Roth Capital raised the price target to $23 and maintains a Buy rating.
Extension of EIA for El Gallo and inclusion of the Fenix project in production models.
Promising drilling results and a 23% increase in indicated gold resources at Grey Fox project.

Neutral/Negative Catalysts

Insiders are selling heavily, with a 5515.92% increase in selling over the last month.
Financial performance in Q3 2025 showed significant declines in revenue (-3.28% YoY), net income (-77.80% YoY), EPS (-75.00% YoY), and gross margin (-42.00% YoY).
No recent congress trading data or strong institutional activity to support the stock.

Financial Performance

In Q3 2025, McEwen Inc. reported declining financial metrics: Revenue dropped to $50.53M (-3.28% YoY), Net Income fell to -$462K (-77.80% YoY), EPS decreased to -$0.01 (-75.00% YoY), and Gross Margin dropped to 15.15% (-42.00% YoY).

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Roth Capital raised the price target from $21 to $23 and maintains a Buy rating, citing the inclusion of the Fenix project in production models starting mid-2027.

3 Analyst Rating

Wall Street analysts forecast MUX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MUX is 22 USD with a low forecast of 21 USD and a high forecast of 23.5 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

0 Hold

0 Sell

Strong Buy

Current: 29.050

Low

Averages

High

23.5

Current: 29.050

Low

Averages

High

23.5

Roth Capital

Buy

maintain

$21 -> $23

AI Analysis

2025-12-17

Reason

Roth Capital

Price Target

$21 -> $23

AI Analysis

2025-12-17

maintain

Buy

Reason

Roth Capital raised the firm's price target on McEwen Mining to $23 from $21 and keeps a Buy rating on the shares. McEwen has received an extension of its EIA for El Gallo allowing the company to begin construction of the Fenix project, and as a result, Roth has added the mine to its production model beginning in mid-2027, the analyst tells investors in a research note.

Canaccord

NULL -> Buy

initiated

$25

2025-10-15

Reason

Canaccord

Price Target

$25

2025-10-15

initiated

NULL -> Buy

Reason

Canaccord initiated coverage of McEwen Mining with a Buy rating and $25 price target.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for MUX

Unlock Now

MUX Should I Buy

MUX Should I Buy

Should You Buy McEwen Inc (MUX) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

People Also Watch