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0 0 0 -0.00164609053497939 0.00375308641975311 0.00411522633744862 -0.0139917695473251 -0.0148148148148148
Stock impact report

Strength Seen in McEwen (MUX): Can Its 9.3% Jump Turn into More Strength? [Yahoo! Finance]

McEwen Mining Inc. (MUX) 
Last mcewen mining inc. earnings: 3/16 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to the stock's 13.4% gain over the past four weeks. McEwen Mining has experienced an uptick in its stock value due to the recent surge in gold and silver prices, attributed to the weaker-than-expected U.S. GDP results. The U.S. GDP increased at an annualized rate of 1.6% in the first quarter of 2024, marking its slowest pace in nearly two years. McEwen Mining recently announced that it has entered into a definitive agreement to acquire Timberline Resources Corporation. This move will boost McEwen's existing portfolio of development and exploration projects in Nevada. Timberline shareholders will have the right to receive 0.01 of a share of McEwen's common stock for each share of Timberline's common stock, representing a value of $0.102 per Timberline share. McEwen currently owns 6.25 million Timberline shares representing approximately 3.3% of Timberline's basic common shares and 6.25 million Timberline warrants. Excluding McEwen's existing ownership, McEwen expect Show less Read more
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