Roth Capital is Bullish on McEwen Inc. (MUX)

McEwen Inc. (NYSE:MUX) is among the 15 Best Performing Silver Stocks to Buy.

Roth Capital boosted McEwen Inc. (NYSE:MUX)’s price objective from $21 to $23 on December 17, 2025, as reported by TheFly. It kept its Buy rating on the stock. The firm noted the El Gallo Mine Environmental Impact Assessment’s extension, which permits the Fenix project’s completion. Following the permitting extension, Roth included the mine in its production model, which will commence in mid-2027.

McEwen Inc. (NYSE:MUX) stated on December 16, 2025, that it was granted permission by the Mexican government to extend the El Gallo Environmental Impact Assessment, allowing Phase 1 mill construction. The first gold pour is anticipated in mid-2027, with construction scheduled for mid-2026. Phase 1 is anticipated to use already mined leach pad material to generate roughly 20,000 gold equivalent ounces per year. The remaining capital costs are projected at $25 million. The ball mill was bought by the corporation and put on location. In-situ silver reserves are being accessed through phase 2 planning, which may prolong the mine’s life beyond the first ten years. It is anticipated that development and exploratory expenses will be minimal.

McEwen Inc. (NYSE:MUX) is a mining and minerals production and exploration firm that concentrates on precious and basic minerals in Argentina, Mexico, and the United States.

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Disclosure: None. This article is originally published at Insider Monkey.