McEwen Inc. (MUX) Receives $49.4 Million Dividend from San José Mine

McEwen Inc. (NYSE:MUX) is one of the 10 Best Performing Silver Stocks So Far in 2026.

On May 21, 2026, McEwen Inc. (NYSE:MUX) reported that it received a $49.4 million dividend from the San José Mine, pushing total 2026 dividends to $58.2 million, exceeding the company’s expectation of $40 to $50 million for the whole year. The company said internally generated cash “allows a company to grow while eliminating/minimizing share dilution.”

From its 49% San Jose stake, the firm projects 59,000 to 64,000 GEOs in 2026, expecting an AISC of $2300 to $2500 per GEO. As of March 31, 2026, it held $56.5 million in cash and $13.5 million in securities.

McEwen Inc. (MUX) Receives $49.4 Million Dividend from San José Mine

McEwen Inc. (NYSE:MUX) targets making 250,000 to 300,000 GEOs annually by 2030. Stock Mine will enter production in the second half of 2026 while El Gallo is targeting a mid-2027 output of around 20,000 GEOs annually, expecting to jump to 40,000 to 50,000 GEOs.

McEwen Inc. (NYSE:MUX) mines and explores precious and base metals. It works through the United States, Canada, Mexico, MSC, and Los Azules segments.

While we acknowledge the risk and potential of MUX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MUX and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1