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McEwen Mining - Die letzten 30 Beiträge


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Dines refreshes his buy of McEwen Mining

2017-05-15 18:27 ET - In the News

James Dines, writing in the May 5, 2017, issue of The Dines Letter, refreshes his buy of McEwen Mining Corp. at $3.67. He first recommended the stock on Jan. 4, 2017, at $4.45. An investment of $1,000 would now be worth $826. McEwen Mining is a conservative gold pick for patient investors, says the editor, who recommends holding the stock for several years. Mr. Dines says McEwen Mining revolves around its founder, Rob McEwen, who was inducted into The Mining Hall of Fame this past January. Mr. McEwen founded Goldcorp Inc. in the 1990s, and is known for his integrity and professional competence. After stepping away from Goldcorp, Mr. Dines says Mr. McEwen created McEwen Mining. The founder owns 25 per cent of McEwen Mining shares and takes only $1 a year in salary. The gold and silver miner has $28-million in cash, no debt and no hedges, royalties or metal streams. This, Mr. Dines says, preserves the company's leverage to rising gold and silver prices. The company pays a dividend of one cent semi-annually, and it aims to increase that as the company grows. Mr. Dines says Mr. McEwen would like his company to be included in the S&P 500, but for that to happen it will need to increase its market capitalization five-fold, to $5-billion from $1-billion. "That would be worth waiting for," says the editor.

© 2017 Canjex Publishing Ltd. All rights reserved.
Hier ist die McEwen Mining 2017 First Quarter Financial Results Conference Call vom
4 Mai 2017, Etwas verspätete aber es ist noch nicht zu spät um das trotzdem durchzulesen.

Es ist schon interessant. Insgesamt sind dies 7 Seiten.




Q1: 05-04-17 Earnings Summary

10-Q
News

EPS of $-0.01 | Revenue of $ (+ NaN% Y/Y)

McEwen Mining Inc. (NYSE:MUX)

Q1 2017 Earnings Conference Call

May 04, 2017 11:00 AM ET

Executives

Rob McEwen - Chief Owner

Andrew Elinesky - CFO

Xavier Ochoa - President


Analysts

Shao Wang - Lotus Capital Partners

John Rast - Wheelhouse Securities

Operator

Good morning, ladies and gentlemen and welcome to the McEwen Mining 2017 First Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time.

I would now like to turn this meeting over to Mr. Rob McEwen, Chief Owner. Please go ahead, Mr. McEwen.

Rob McEwen

Thank you, operator. Good morning fellow shareowners and interested investors. We're pleased to have you join us today. During the first quarter of this year, we invested in our future growth and achieved a number of positive developments but this investment came at a cost. I'd like to start with the good.

First, financially we continue to be in good shape, our treasury is strong at 55 million and we remain debt free. In addition, we have not encumbered our future revenue by selling metal streams, royalties or hedging. Second, the San Jose Mine increased its gold production by 16% and silver production by 7% over the comparable period in 2016.

Third, we increased exploration and assessment work as Los Azules which has significantly advanced the project and we now have much better understanding of the capital, infrastructure and permitting requirements for a production decision.

Our goal is to advance this project to a point where it is a compelling joint venture for sale. Fourth, subsequent to the quarter, we acquired a strategic property package in one of the world's most famous gold district Timmins Canada. Fifth, the Gold Bar Mine permitting process is advancing towards approval that we expect in Q4 of this year. And sixth, we have continued adding to the depth of our management team with the addition of Sylvain Guerard, as Senior Vice President, Exploration.

Now for the bad. First, our El Gallo Mine produced less gold this quarter than the comparable period in '16 and that was due to lower gold grade. Second, exploration around the El Gallo mine has not yet found additional oxide resources but additional sulfide ounces have been discovered.

Third, production costs at both mines have increased. So the good so far is outweighing the bad. And here to give you more details is our CFO, Andrew Elinesky, and he will be followed by our President, Xavier Ochoa to give greater details. Andrew?


Den Rest der Konferenz findet ihr unter diesem Link:

https://seekingalpha.com/article/4070011-mcewen-minings-mux-…
McEwen Mining produces 29,733 ounces AuEq in Q1

2017-04-18 17:12 ET - News Release

Ms. Mihaela Iancu reports

MCEWEN MINING REPORTS Q1 2017 PRODUCTION RESULTS

McEwen Mining Inc.'s consolidated production for first quarter 2017 was 20,096 gold ounces and 722,767 silver ounces, or 29,733 gold equivalent ounces (1), using a 75:1 gold-to-silver ratio.

Consolidated Production Summary

Q1 17 Q4 16 Q3 16 Q2 16 Q1 16

Gold ounces 20,096 20,337 24,281 27,888 28,975
Silver ounces 722,767 838,768 916,168 875,006 673,767
Gold Eq. ounces 29,733 31,521 36,496 39,555 37,958

Highlights

Achieved gold and silver production in-line with guidance from our two producing mines.
Strong balance sheet: No debt. $52 million(2) in cash, cash equivalents and precious metals. No sales of metal streams, royalties or hedges.
Paid our 4th semi-annual return of capital of one-half cent per common share on February 14th, 2017.

Gold Bar Project, Nevada -- Advancing Towards Construction

Permitting for the Gold Bar Project is advancing and remains on schedule to receive a Record of Decision in the third quarter of 2017. The Bureau of Land Management published the Draft Environmental Impact Statement (DEIS) in the Federal Register on March 3rd, 2017 and the 45-day public comment period is now closed for the DEIS. Comments received during the public comment period will be addressed and incorporated in the final Environmental Impact Statement.

San Jose Mine, Argentina (49%) -- Improving Production

Our attributable production from San Jose in Q1 was 10,366 gold ounces and 716,973 silver ounces, for a total of 19,925 gold equivalent ounces. Compared to the same period in 2016, silver and gold production were up 16% and 7% respectively.

El Gallo Mine, Mexico -- Grade to Increase in H2

Production in Q1 was 9,808 gold equivalent ounces, compared to 20,101 gold equivalent ounces during the same period in 2016. Production in Q1 was lower as a result of lower ore grades mined and processed during the quarter. The gold grade mined at El Gallo is projected to increase in the second half of 2017.

Financial Results

Operating costs for the quarter ended March 31, 2017 will be released with our 10-Q Quarterly Financial Statements in early May. As at March 31, 2017 we are debt-free with liquid assets of $52 million comprised of $28 million of cash, $8 million of precious metals, and $16 million of marketable securities. We have not issued equity to finance our operations since completing a rights issue in 2013, and we have preserved our leverage to higher gold and silver prices by not encumbering our assets with royalties, metal streams or hedges.

M&A - Lexam VG Gold Share Owners Accept Offer

The shareholders of Lexam VG Gold have approved, on April 12, 2017, the plan of arrangement with McEwen Mining, through which McEwen Mining would acquire all of the issued and outstanding shares of Lexam. The TSX has approved the arrangement and McEwen Mining is also applying for approval of the arrangement by the NYSE. Additionally, the transaction requires a final order of the Ontario Superior Court of Justice. A Notice of Application for the final order has been filed and is scheduled to be heard by the Court on April 19, 2017. Closing of the transaction is expected later this month, following receipt of the final court order and all regulatory approvals.

This transaction will provide McEwen Mining a strategic land holding in the important Timmins Gold district of Canada. Timmins is considered one of the major gold districts in the world. The properties being acquired host a large gold resource with a history of past production and interesting high grade gold intercepts.

Footnotes:

'Gold Equivalent Ounces' are calculated based on a 75:1 gold to silver ratio.

Figures updated as of April 17, 2017.

The San Jose Mine is 49% owned by McEwen Mining Inc. and 51% owned and operated by Hochschild Mining plc.

About McEwen Mining

McEwen Mining has the goal to qualify for inclusion in the S&P 500 Index by creating a high growth gold and silver producer focused in the Americas. McEwen Mining's principal assets consist of the San Jose Mine in Santa Cruz, Argentina (49% interest), the El Gallo Mine and El Gallo Silver project in Sinaloa, Mexico, the Gold Bar project in Nevada, USA, and the Los Azules copper project in San Juan, Argentina.

McEwen Mining has a total of 300 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 25% of the Company.

Technical Information

The technical contents of this news release has been reviewed and approved by Nathan M. Stubina , Ph.D., P.Eng., FCIM, Managing Director and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects".

Minera Santa Cruz S.A., the owner of the San Jose Mine, is responsible for and has supplied to the Company all reported results from the San Jose Mine. McEwen Mining's joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.
McEwen Mining appoints Guerard as exploration SVP

2017-04-17 17:02 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING APPOINTS SYLVAIN GUERARD AS SENIOR VICE PRESIDENT EXPLORATION

McEwen Mining Inc. has appointed Sylvain Guerard as senior vice-president, exploration.

Mr. Guerard has over 25 years of experience in mineral exploration across four continents. The scope of his work has been wide ranging -- from generative to advanced-stage exploration. Prior to joining McEwen Mining, he spent seven years at Kinross, most recently serving as its senior vice-president, exploration, with responsibility for worldwide development and implementation of exploration strategy. Before Kinross, Mr. Guerard worked in exploration at Barrick for eight years, Inmet for six years and at two other firms.

"At McEwen Mining, we consider exploration essential R&D [research and development]. We believe that the discovery of new deposits or the reinvention of existing ones is the best method of creating value for our share owners. While I ran Goldcorp, the discovery and subsequent development of the high-grade zone at the Red Lake mine in Canada propelled the company's share price higher at a rate of 31 per cent compounded annually for 11 years. While that experience is an extreme example, it did make me a strong believer in the power of innovation and perseverance in the field of exploration. Sylvain is a global exploration expert whose experience will accelerate the drive to our S&P 500 goal," stated Rob McEwen, chief owner of McEwen Mining.

About McEwen Mining Inc.

McEwen Mining has the goal to qualify for inclusion in the S&P 500 Index by creating a high-growth gold and silver producer focused in the Americas. McEwen Mining's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the El Gallo mine and El Gallo silver project in Sinaloa, Mexico; the Gold Bar project in Nevada, United States; and the Los Azules copper project in San Juan, Argentina.

We seek Safe Harbor.
Hallo Leute ich habe eben gerade diese Zahlen von Mcewen Mining gefunden ist ein KGV von 45 nicht sehr hoch? ich meine für einen Goldproduzenten oder seht ihr noch Luft nach oben.

Eröffnung 3,20
Marktkap.
955,48 Mio.
KGV
45,91
Antwort auf Beitrag Nr.: 54.671.867 von meichel am 04.04.17 12:02:44Offene zum kauf verfügbare MUX Aktien werden dazu hergenommen und getauscht 1000 Lex zu 56 Mux Stück.
Lexam - Mcewen
Wer kann mir denn sagen, woher die Aktien kommen, die die früheren Lexam-Aktionäre eintauschen können ?
Das ist der Hemmschuh mit dem Mc Ewen Mining sich momentan herumschlagen muss.
Das hemmt einfach den Kurs, erst wenn das wieder abgeschlossen ist und Lexam in die MUX übergegangen ist wird der <kurs wieder steigen.

Warte den 12 . April 2017 ab. Nach meiner Einschätzung wird sich der Kurs dann wieder erholen.


31.03.2017 | 00:25
(7 Leser)

Independent Proxy Advisory Firms Recommend Lexam Shareholders to Approve Plan of Arrangement With McEwen Mining
TORONTO, ONTARIO -- (Marketwired) -- 03/30/17 --

Lexam VG Gold Inc. ("Lexam", the "Company") (TSX: LEX)(FRANKFURT: VN3A)(OTCQX: LEXVF) announces that Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis"), leading independent proxy advisory firms, have each recommended that for the Special Meeting to be held on April 12, 2017 Lexam shareholders vote FOR the proposed transaction under which McEwen Mining Inc. ("McEwen Mining") can acquire all Lexam securities by way of Plan of Arrangement.

Information for the Special Meeting is available on our website at www.lexamvggold.com.

Lexam Shareholders, Here Is How You Can Vote: http://www.lexamvggold.com/pdfs/Voting_Instructions.pdf

For assistance with voting, please contact our proxy solicitation agent, Laurel Hill Advisory Group: North American Toll-Free: 1-877-452-7184, International Collect: 416-304-0211, assistance@laurelhill.com

ISS and Glass Lewis Recommendations

ISS and Glass Lewis are independent proxy advisory firms which provide proxy voting recommendations to pension and mutual funds, investment managers and other institutional investors based on a careful review of disclosure materials.

In making its recommendation on the proposed transaction for Lexam and McEwen Mining, ISS advises:

"The proposed arrangement makes strategic sense given the adequate implied premium and the Company's limited financial position. Company shareholders will be able to continue to participate in the future growth opportunities by receiving shares of McEwen Mining which has a larger market capitalization and is a better established market player. Specifically, the acquirer's financial resources are expected to provide funding for development and construction of the Company's Timmins properties. Moreover, exposure to the acquirer's portfolio of producing and development assets would provide a better diversification to the Company's shareholders."

"Vote FOR this resolution based on the review of the terms of the transaction and, in particular, the adequate implied consideration premium, the ongoing concern risk facing the Company and the reasonable strategic rationale."

Glass Lewis also advises with respect to the proposed transaction:

"For Lexam, the proposed merger will enable it to gain access to McEwen Mining's technical and financial resources, which could help to accelerate the advancement of Lexam's mining projects to the production stage. The proposed merger should enable Lexam to benefit from the improved capital position of the combined company and eliminate some of the potential investor uncertainty regarding how Lexam would otherwise fund the development of its projects on a standalone basis. Further, by receiving stock consideration, Lexam shareholders will be able to participate in the potential future upside of a larger and more diversified mining firm."

"Based on these factors, the unanimous support of the Company's unaffiliated directors, and absent a superior competing offer, we believe that the proposed merger warrants shareholder support at this time. Accordingly, we recommend that shareholders vote FOR this proposal."

The full text of the resolution and the meeting materials have been mailed to Shareholders of record date March 9, 2017, together with all related voting materials. Information about the transaction is available in the press release dated February 13, 2017, at www.lexamvggold.com/news.php.

Contacts:
Lexam Office Contact
Toll Free: 1-866-441-0690

Questions about the information in the Circular:
Andrew Iaboni
Chief Financial Officer
647-258-0395 ext. 290

Questions and support:
Mihaela Iancu
Director, Corporate Administration
647-258-0395 ext. 320
info@lexamvggold.com
Viele Aktionäre habe ihr Depot erhöht und andere Investoren sind stark in MUX neu eingestiegen.
https://sportsperspectives.com/2017/03/27/mcewen-mining-inc-…

McEwen Mining Inc (MUX) Given $5.00 Average Target Price by Brokerages


McEwen Mining Inc (NYSE:MUX) (TSE:MUX) has earned a consensus broker rating score of 0.00 () from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus price objective of $5.00 for the company, according to Zacks. Zacks has also assigned McEwen Mining an industry rank of 69 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded McEwen Mining from a “hold” rating to a “buy” rating and set a $3.50 target price for the company in a research report on Thursday, December 15th.

McEwen Mining (NYSE:MUX) opened at 3.11 on Monday. McEwen Mining has a 12-month low of $1.80 and a 12-month high of $4.92. The company has a market cap of $931.66 million, a PE ratio of 44.43 and a beta of -0.41. The stock’s 50 day moving average price is $3.57 and its 200 day moving average price is $3.42.

Several institutional investors have recently modified their holdings of MUX. Bank of Montreal Can increased its position in shares of McEwen Mining by 18.5% in the third quarter. Bank of Montreal Can now owns 1,477,015 shares of the company’s stock worth $5,421,000 after buying an additional 230,246 shares during the period. Alps Advisors Inc. bought a new position in shares of McEwen Mining during the third quarter worth about $4,629,000.

Oppenheimer & Close LLC increased its position in shares of McEwen Mining by 0.9% in the third quarter. Oppenheimer & Close LLC now owns 533,500 shares of the company’s stock worth $1,957,000 after buying an additional 5,000 shares during the period. Sprott Inc. bought a new position in shares of McEwen Mining during the third quarter worth about $2,576,000. Finally, Smith Moore & CO. bought a new position in shares of McEwen Mining during the fourth quarter worth about $196,000. Institutional investors own 33.73% of the company’s stock.
PDAC 2017 Presentation von MC Ewen Mining

https://www.youtube.com/watch?v=TL7C3VSrRDw

https://www.youtube.com/watch?v=yKwHLne3ulk
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
Diese Analyse ist wohl der Grund, dass die Akktie in der USA heute abschmiert. Sie ist zu teuer.
McEwen Mining Inc. Releases 2016 results
GuruFocus.com

March 5, 2017

- By Alberto Abaterusso

McEwen Mining Inc. (MUX) reported 2016 results this week. The Canadian gold and silver producer headquartered in Toronto closed the fiscal year 2016 with EPS of 7 cents (U.S. dollars), a 200% increase on a year-over-year basis. In 2015 the company reported a loss of 7 cents.


http://finance.yahoo.com/news/mcewen-mining-inc-releases-201…
Soll der Ausblick so schlecht sein, dass der Kurs so abschmieren mußte ? Ich weiß nicht, die Zahlen wurden
doch schon seit Monatenin dieser Höhe genannt.



McEwen Mining's (MUX) CEO Rob McEwen on Q4 2016 Results - Earnings Call Transcript
Mar. 2, 2017 5:40 PM ET|

6 comments|
About: McEwen Mining Inc. (MUX)


McEwen Mining Inc. (NYSE:MUX)
Q4 2016 Earnings Conference Call

March 2, 2017 11:00 A.M. ET

Executives
Rob McEwen - Chief Owner

Andrew Elinesky - Chief Financial Officer
Xavier Ochoa - President

Analysts
Stewart Bailey - Bailey & Company

Operator

Good morning, ladies and gentlemen and welcome to the McEwen Mining Full-Year and Q4 Financial Results Conference Call. I would now like to turn the meeting over to Mr. Rob McEwen, Chief Owner. Please go ahead, Mr. McEwen.

Rob McEwen

Thank you, operator. Good morning, fellow shareholders, ladies and gentlemen. Today, we’re going to discuss our 2016 financial and operating results and provide you with our outlook for 2017. Andrew Elinesky, our Chief Financial Officer will review our 2016 financial performance and then Xavier Ochoa, our President will review last year’s operation and then discuss, what we have planned for this year.

Before I asked them to present, I’d like to make several comments. I was very pleased with our performance in 2016 for several reasons. First, we significantly improved our financial strength. Our treasury doubled in size, and now stands at $55 million. I want to emphasize that this growth in the treasury was achieved from operations. It was not the result of a debt or equity financing or a sale of metal streams or royalties.

Second, the change in government in Argentina who are pro-business pro-form investment administration, coupled with improved gold silver and copper prices has definitely increased the value and contribution of these assets in our portfolio. Third, we added significant depth to our senior management in areas of project management, construction, and underground and open pit operations.

These additions were done in preparation for our next phase of growth, which we are now entering. This phase of growth includes new production coming on stream in Nevada, and a change in the ore type in Mexico, and the belief that the exploration potential there is greater than originally envisioned.

I’d now like to ask Andrew to tell you about our financial performance in 2016.

Andrew Elinesky

Thank you very much Rob, and thank you to everyone else for joining us today. I am pleased to report the company had another solid performance in the fourth quarter to allow us to finish out a strong year. Firstly, each operation at the annual guidance for the production of gold silver ounces, while we also beat our annual guidance for both cash and all sustaining cost per ounce.

Secondly, the company swung to an annual net income of $21 million or $0.07 per share. And as a result of this performance, we’ve grown our working capital and treasury balances as Rob said, and ended the year significantly higher with $59 million in liquid assets and no debts.

On a consolidated basis, the gold equivalent production for the year came in at just over 145,000 ounces, which was just slightly above our guidance of 144,000 gold equivalent ounces. Before moving on to the cost per ounce discussions, I’d like to point out that going forward the company will start providing guidance and results as you have seen in our press release yesterday, for this metric. It’s going to be reported on the per-operation basis instead of the consolidated basis.

So with regards to those cash costs, both of our operations exceeded our improved guidance as opposed to our original guidance by over $20 per gold equivalent ounce, along sustaining cost of both sides were both comfortably under guidance as well. As a result of these decreased costs and higher gold and silver prices our earnings from mine operations increased by 23% to just over $64 million, when compared to 2015.

As mentioned, this performance for both of our mines was obviously reflected in our improved Treasury balance. As he said, we ended the year with just under $59 million, which compares to the ending balance of the end of 2016 of $32 million, plus $3 million in debt that we were caring at that time. This balance is now - as of the 27th of February it is just over $55 million.

Den Rest der öffentlichten Präsentation findet ihr hier unter diesem Link: (bt02)

http://seekingalpha.com/article/4051669-mcewen-minings-mux-c…
Ob Rob Mc Ewen vielleicht auch ein Auge auf West Red Lake Gold Mines (WKN A1J0MZ / CSE RLG) werfen könnte ?

Erst einmal muss McEwen Mining die Company LEXAM VG, die ja ebenfalls in dem Timmins Gebiet zu Hause, ins eigene Unternehmen integrieren. Aber das wird wohl nicht schwer werden, zumal hier Rob Mc Ewen, mit einem über 25 %-igen Anteil, der größte Aktionär von LEXAM VG ist.

Wenn er sich dann weiter in diesem edelmetallträchtigen Gebiet umschauen wird, könnte er eventuell ein Auge auf West Red Lake Gold Mines werfen und Interesse daran finden, auch dieses Unternehmen unter seine Fittiche zu nehmen, natürlich nur vielleicht ?

West Red Lake Gold Mines besitzt im West Red Lake Project 3100 hectarelocated in the prolific Red Lake Gold District, Northwestern Ontario, Canada and is planned to begin during the last week of January 2017 with the exploration drilling. West Red Lake Gold Mines wird in den nächsten Wochen die neuen Bohrergebnisse veröffentlichen und sollten die entsprechend ausfallen könnte es schon vielleicht dazu kommen, vielleicht ?

Dann könnte es zu einem Käuferwettbewerb mit Goldcorp kommen, die bereits mit ca. 40 % an West Red Lake Gold Mines beteiligt sind.

Warten wir auf die Ergebnisse, die ja wohl bald von WRLG veröffentlicht werden.

Klar, es wird noch etwas mehr an Zeit brauchen bis es soweit kommen sollte. Erst einmal muss McEwen Mining die gerade übernommen Company LEXAM VG, die ebenfalls in diesem Gebiet zu Hause sind, ins eigene Unternehmen integrieren.

Aber das wird wohl nicht sehr schwer sein, zumal hier Rob Mc Ewen mit über 25 % der größte Aktionär von LEXAM VG ist.

Warten wir ab, was in den nächsten Monaten mit diesen 3 Unternehmen passoeren wird ?


Hier ist ein neuer Bericht von Goldinvest der über den Übernahme-Deal von MCEWEN MINING und LEXAM VG der heute veröffentlicht worden ist.




Erfolgsgeschichte

West Red Lake Gold Mines – Was der Deal zwischen Lexam und McEwen bedeutet
Geschrieben von Redaktion • 14. Februar 2017

Nur auf den ersten Blick hat die folgende Nachricht nichts mit West Red Lake Gold Mines (WKN A1J0MZ / CSE RLG) zu tun: McEwen Mining übernimmt in einem Aktiendeal sämtliche Anteile an Lexam VG Gold Inc. Lexams Aktionäre werden knapp 12,69 Millionen McEwen-Aktien erhalten, insgesamt hat der Deal rechnerisch einen Wert von mehr als 53 Millionen Dollar, basierend auf dem McEwen-Schlusskurs vor Bekanntgabe des Deals.

http://www.goldinvest.de/?p=35412
Zacks estimated an EPS of $1 for McEwen Mining Inc. (NYSE:MUX)
By Koko Saunders -
February 13, 2017 38

Unten habe ich einen Auszug aus der heutigen News von der Newspaper: topchronicle.com zur Info eingestellt.
Danach hat der Direktor von Lexam, Richard W. Brissenden - Director
Mr. Brissenden is a Chartered Professional Accountant (Ontario) (Diesen Texthabe ich von der Management-Seite bei Lexam genommen und hier eingestellt) bereits im Dezember 2016 Aktien von McEwen Mining gekauft.

https://topchronicle.com/zacks-estimated-an-eps-of-1-for-mce…

The latest Insider trade was made on 14 Dec 2016 where Brissenden (Richard William) Director did a transaction type “Sell” in which 5000 shares were traded at a price of $2.75. Another insider trade includes Director Brissenden (Richard William) who also initiated a transaction in which 25000 shares were traded on 13 Dec 2016 as “Buy”.
Der Kurs gibt nicht nach. Das ist sehr positiv zu werten. Sonst wurde der Übernehmende erstmal abgestraft.
Antwort auf Beitrag Nr.: 54.306.980 von cervical am 13.02.17 14:20:00Man beachte das Logo von Lexam Gold

http://www.lexamvggold.com/index.php

;)

Chairman von Lexam ist niemand geringerer als Rob McEwen der nicht weniger als 27% des Unternehmens hält... Habe ich da was verpasst???

Auf jedenfall wird so der Deal zu einem für beide Seiten fairen Preis abgewickelt, so hoffe ich. Der Preis kommt rechnerisch auf rund CAD 0.31 was unter dem letzten Hoch von Lexam liegt.

Ohne tiefer zu graben würde ich vom Schiff aus sagen: Daumen hoch (nur meine Meinung).
McEwen: Freundliche Übernahme von Lexam VG Gold
McEwen Mining Inc. und Lexam VG Gold Inc. meldeten soeben eine Vereinbarung, wonach McEwen sämtliche ausgegebenen und ausstehenden Wertpapiere von Lexam übernehmen wird. Lexam würde bei Zustandekommen der Transaktion zu einem zu 100% eigenen Tochterunternehmen von McEwen werden.

Gemäß Vereinbarung würden die Aktionäre von Lexam, sofern sie der Übernahme zustimmen, pro Lexam-Stammaktie 0,056 einer McEwen-Aktie erhalten.


MinenPortal
Why McEwen Mining Inc. Stock Rallied 21% in January
Why McEwen Mining Inc. Stock Rallied 21% in January

Gold and silver miner McEwen Mining benefited from a precious-metals rally and solid production results in January
Reuben Gregg Brewer
(TMFReubenGBrewer)
Feb 7, 2017 at 9:05AM
What happened :rolleyes:

Shares of McEwen Mining Inc. (NYSE:MUX) moved 21% higher last month. That follows a gain of nearly 175% in 2016. However, January's gain represents something of a performance reversal. Indeed, investors watched McEwen stock rally more than 325% by mid-2016 only to see those gains fall away through the second half. With one month down in 2017, commodity prices are again pushing the stock higher.
So what

Gold prices rose around 5% last month, with silver advancing a bit more, at nearly 8%. That was a clear positive for McEwen's stock price. Although precious-metals prices are likely to have an outsize impact on the miner's share price, there was more going on than just a silver and gold move last month.

For example, on Jan. 16, McEwen announced that it produced roughly 145,500 gold equivalent ounces in 2016. That metric puts gold and silver production on equal footing, and it also beat the company's internal production forecast of 144,000 ounces. So the company was able to exceed a key guidance target, which is a clear positive.

However, that release also noted that during the year, McEwen doubled its liquid assets -- made up of cash, marketable securities, and precious metals -- to $64 million. And it continues to have no debt on the balance sheet. In other words, it's in pristine financial health, with cash to invest back into two development projects it's working on -- Gold Bar and El Gallo Silver.

[

Now what :look:

McEwen is a small precious-metals miner, but it's financially solid and successfully meeting the public goals it sets for itself. More important, it's benefiting from rising precious-metals prices at a point when it's working on the key growth projects that will underpin its future. There's a lot to like about McEwen from a fundamental point of view. Still, gold and silver prices will continue have an outsize impact on performance. Just don't let that distract you from the work being done to build a foundation for the future.

Reuben Brewer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

----------------
:cool:
Hier ist ein Überblick über die Investoren die sich in den letzten Monaten 2016 an McEwen Mining . . .
. . . . teilweise richtig "dick" eingekauft haben.

Das bedeuted für mich McEwen Mining ist zu diesen Preisen immer noch ein Schnäppchen.
:kiss:


The McEwen Mining Inc. (MUX) Position Boosted by Oppenheimer & Close LLC
February 2, 2017 Jamie Williams
The McEwen Mining Inc. (MUX) Position Boosted by Oppenheimer & Close LLC

Oppenheimer & Close LLC increased its stake in McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 533,500 shares of the company’s stock after buying an additional 5,000 shares during the period. McEwen Mining comprises 1.9% of Oppenheimer & Close LLC’s holdings, making the stock its 14th largest position. Oppenheimer & Close LLC’s holdings in McEwen Mining were worth $1,957,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its position in McEwen Mining by 18.5% in the third quarter. Bank of Montreal Can now owns 1,477,015 shares of the company’s stock valued at $5,421,000 after buying an additional 230,246 shares during the period. Alps Advisors Inc. bought a new position in McEwen Mining during the third quarter valued at approximately $4,629,000. Teacher Retirement System of Texas raised its position in McEwen Mining by 16.4% in the second quarter.

Teacher Retirement System of Texas now owns 31,850 shares of the company’s stock valued at $123,000 after buying an additional 4,483 shares during the period. Sprott Inc. bought a new position in McEwen Mining during the third quarter valued at approximately $2,576,000. Finally, Spot Trading L.L.C raised its position in McEwen Mining by 104.3% in the second quarter. Spot Trading L.L.C now owns 35,552 shares of the company’s stock valued at $137,000 after buying an additional 18,152 shares during the period. 33.68% of the stock is currently owned by hedge funds and other institutional investors.

McEwen Mining Inc. (NYSE:MUX) opened at 3.85 on Tuesday. The firm has a market capitalization of $1.15 billion and a price-to-earnings ratio of 110.00. The firm has a 50 day moving average price of $3.38 and a 200-day moving average price of $3.57. McEwen Mining Inc. has a 12 month low of $1.30 and a 12 month high of $4.92.

McEwen Mining (NYSE:MUX) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $0.01 earnings per share (EPS) for the quarter. McEwen Mining had a return on equity of 3.36% and a net margin of 17.41%. On average, equities analysts forecast that McEwen Mining Inc. will post $0.10 EPS for the current year.

The firm also recently disclosed a semiannual dividend, which will be paid on Tuesday, February 14th. Investors of record on Friday, February 3rd will be paid a $0.005 dividend. This represents a yield of 0.26%. The ex-dividend date of this dividend is Wednesday, February 1st. McEwen Mining’s dividend payout ratio is currently 33.34%.

Separately, Zacks Investment Research lowered McEwen Mining from a “buy” rating to a “hold” rating in a research report on Thursday, October 6th.

http://dailyquint.com/2017-02-02-mcewen-mining-inc-mux-posit…
McEwen Mining Shines Bright
Feb. 1, 2017 8:58 AM ET|
5 comments|

Summary

CEO knows how to make money for shareholders.

Currencies are being devalued across the globe.

San Jose mine spins off $13 million in dividends.


Rob McEwen is not your typical CEO. After a highly successful tenure as founder of Goldcorp (NYSE:GG), he launched McEwen mining (NYSE:MUX) and is banking on a robust stock price move, since he commands a paltry salary of only $1 per year.

Mr. McEwen wants his management decisions to align with his stockholders as he owns a substantial 25% of McEwen stock. With 300 million shares outstanding and the stock trading just shy of $4.00 per share, this is a $1.23 billion company.

Argentina has dramatically improved the financial fortunes of the company's 49% owned San Jose mine, by cutting onerous taxes that had driven miners out of their country. 51% owner Hochschild mining has delivered $13 million in dividends to McEwen Mining- through the first 3 quarters of 2016, with expectations of more to come. Hochschild has been cutting mining costs and the lifting of capital controls by Argentina President Macri has allowed the free market to properly devalue the peso currency. Mining costs have plunged alongside the weaker peso and new investment and exploration should lead to an expansion of gold and silver production.

The great Fidelity Magellan Fund Manager Peter Lynch stated that small company stocks make big price moves and large companies tend to make smaller moves. This fact is very applicable to the mining industry for those small companies that have strong balance sheets. McEwen Mining holds $62 million in cash, precious metals, and liquid securities and 0 debt through September 2016.

The 100% owned El Gallo mine in Mexico is also seeing a sharp decline of all in cash costs to $680 per ounce of gold equivalent (gold and silver converted to gold). The Mexican peso has devalued sharply and mining production costs have fallen accordingly. Gold price is hovering around $1,200 per ounce, but McEwen sees a potential high price of $5,000 in the next few years. Silver price has risen from an average of $14.86 in early 2016 to $17.50 per ounce amid continued reports of strong physical demand from both investors and industry.

McEwen is looking to propel the company into the S&P 500 stock index, through additional acquisitions or mergers. The deal has to be "good" for his stockholders as he is the largest one. One of the requirements of the S&P 500 is that the company must be based in the United States, and McEwen Mining was incorporated in Colorado. There is only one miner currently listed in the index, so the next miner to join-will experience some heavy share purchases and the stock price will jump higher.

Fiat paper money currency continues to be devalued as the central banks seem to believe that printing more paper currency will remedy weak economic conditions. There are huge debt problems in the United States and China, and paper currency inflation is only creating havoc across economic markets everywhere. India has confiscated paper money and China continues to attempt to control capital outflow. Venezuela is experiencing crippling inflation of 122% in 2015 and 546% in 2016 (CIA report) and the United States is vastly understating inflation when it excludes the crushing rise in healthcare costs from the failed Affordable Care Act. As citizens experience loss of paper currency purchasing power, they will continue to purchase hard assets, including silver and gold. China and Russia central banks continue to purchase gold, possibly as a prelude to backing a more stable currency. Noted silver metal analyst Ted Butler reports that JP Morgan has accumulated 80 million ounces of silver in their COMEX warehouse.

The reported manipulation of silver prices by Deutsche Bank among many others has set up a bullish scenario for miners who maintained their fiscal discipline during the period of price suppression. The suppressed price has shut down mining production because its arbitrary price was pushed below the cost of producing the precious metal. The stronger surviving miners such as McEwen, are now in a position to capitalize on these rebounding gold and silver prices. New miners will try to move in to production mode, but it takes time to do so. Rising demand and limited supply creates rising profits.

McEwen mining has not hedged any of its gold, silver, nor copper production and therefore will make large moves in the direction of precious metal prices. The company is funding capital expenditures from cash flow and those huge dividends from San Jose mine do not show in the quarterly earnings figure. This accounting method seems to vastly understate the rising value of this miner. $13 million dividend is a large figure that cannot be ignored. There are more of these dividends that will arrive in 2017 if gold and silver prices continue to move higher.

Disclosure: I am/we are long MUX.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


http://seekingalpha.com/article/4041408-mcewen-mining-shines…
Es gibt eine Menge von Leuten die in der letzten Zeit Aktien von McEwen Mining gekauft haben.
Sollen die alle falsch liegen ?




McEwen Mining Inc. (MUX) Given Average Rating of “Strong Buy” by Brokerages

Posted by Brent Sawyer on Jan 31st, 2017 // No Comments

McEwen Mining logo Shares of McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price target of $5.00 for the company, according to Zacks. Zacks has also given McEwen Mining an industry rank of 36 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research lowered McEwen Mining from a “buy” rating to a “hold” rating in a report on Thursday, January 5th.

McEwen Mining (NYSE:MUX) opened at 3.85 on Thursday. The firm has a market capitalization of $1.15 billion and a price-to-earnings ratio of 110.00. McEwen Mining has a 1-year low of $1.30 and a 1-year high of $4.92. The firm’s 50-day moving average price is $3.38 and its 200 day moving average price is $3.57.

McEwen Mining (NYSE:MUX) last posted its earnings results on Thursday, November 3rd. The company reported $0.01 earnings per share for the quarter. McEwen Mining had a return on equity of 3.36% and a net margin of 17.41%. On average, analysts predict that McEwen Mining will post $0.10 EPS for the current year.

The firm also recently announced a semiannual dividend, which will be paid on Tuesday, February 14th. Investors of record on Friday, February 3rd will be issued a dividend of $0.005 per share. This represents a dividend yield of 0.26%. The ex-dividend date of this dividend is Wednesday, February 1st. McEwen Mining’s payout ratio is presently 33.34%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. increased its stake in McEwen Mining by 4.9% in the third quarter.
Connor Clark & Lunn Investment Management Ltd. now owns 62,075 shares of the company’s stock valued at $228,000 after buying an additional 2,900 shares during the period.

Jane Street Group LLC increased its stake in McEwen Mining by 34.5% in the third quarter. Jane Street Group LLC now owns 1,184,713 shares of the company’s stock valued at $4,348,000 after buying an additional 303,941 shares during the period.

OLD Mission Capital LLC purchased a new stake in McEwen Mining during the third quarter valued at about $331,000.

Morgan Stanley increased its stake in McEwen Mining by 254.1% in the third quarter. Morgan Stanley now owns 283,217 shares of the company’s stock valued at $1,040,000 after buying an additional 203,244 shares during the period.

Finally, Suntrust Banks Inc. purchased a new stake in McEwen Mining during the third quarter valued at about $124,000. 33.68% of the stock is currently owned by institutional investors and hedge funds.


https://sportsperspectives.com/2017/01/31/mcewen-mining-inc-…
Jetzt hat Rob es geschafft, er wird in Canada unvergesslich sein und werden durch die Aufstellung in die
. . . Canadian Mining Hall of Fame.

Rob McEwen ist eine Legende in Canada und ich wünsche ihm, das es ihn nochmal gelingen wird, ein ähnliches Unternehen zu bauen.

Warum sollte es nicht gelingen, ich gehe davon aus, das wir alle gemeinsam auf einen guten Weg sind.


Rob McEwen inducted into Canadian Mining Hall of Fame
Andrew Topf | a day ago | 775 | 0

"“He is a strategic thinker – the consummate chess player – whose every move is calculated and well ahead of his opponents”: Michael Wekerle, chairman and co-founder of Difference Capital, on Rob McEwen"

Legendary mine developer Rob McEwen has been recognized for his accomplishments in Canadian mining through an induction into the hallowed corridors of the Canadian Mining Hall of Fame.

The Goldcorp (NYSE:GG, TSX:G) founder was recognized at a gala dinner this past month in Toronto – an annual event that celebrates men and women whose contributions to the country's mining industry have been particularly impactful.

“Rob is a man of rare talents, he is a natural innovator with a keen business mind,” Michael Wekerle, chairman and co-founder of Difference Capital, was quoted saying in TimminsToday – where Goldcorp continues to be one of the mining town's largest employers. “He is a strategic thinker – the consummate chess player – whose every move is calculated and well ahead of his opponents.”

In a video, McEwen said his father Donald was his life's inspiration. Told by doctors that he would never walk again after returning from the Second World War in an iron lung, Donald McEwen refused to accept their diagnosis and regained the use of his legs.

“Today, I look at challenges and obstacles I face and say this seems to pale compared to what my dad faced,” McEwen said in the video honouring his induction into the Hall of Fame. His father also inspired his son to become an avid investor, with Rob buying his first stock at the tender age of 12.

McEwen's story is well known to those who follow mining, but for those wanting a refresher, here it is again, reprised by the Canadian Mining Hall of Fame:

He is best known for transforming Goldcorp Inc. from a holding company into a global gold-mining powerhouse and revitalizing Ontario’s Red Lake gold mine through the discovery of new high-grade resources at depth. His famous “Goldcorp Challenge” in 2000, which provided open access to 50 years of proprietary geological data from Red Lake and offered prizes to anyone who could find the next six million ounces of gold, created an estimated $6 billion of value from subsequent discoveries.

McEwen is also an astute investor and corporate strategist, as demonstrated by Goldcorp’s friendly merger with Wheaton River Minerals in 2005. Goldcorp shares tripled in the next 14 months as it grew through a series of mergers into one of the world’s largest gold producers. He went on to build a new flagship, McEwen Mining, while supporting many worthy causes through donations totalling more than $50 million to date.

Born and raised in Toronto, McEwen worked at his father’s investment firm after earning a B.A. from the University of Western Ontario in 1973, followed by an MBA from York University in 1978. In the 1980s, he took the reins of Goldcorp, then a gold fund, and managed its investment portfolio. In 1989, he led Goldcorp’s acquisition of Dickinson Mines and its aging and capital-starved gold mine in the famous Red Lake camp, and began building an operating company.

His faith in the mine’s untapped potential was rewarded after a $10-million exploration led to a high-grade discovery in the mid-1990s. In a brilliant move, he created the “Goldcorp Challenge” and placed the mine’s geological data since 1948 on the internet and offered $575,000 in prizes for the best exploration concepts. More than 1,000 participants from 80 countries took part, resulting in more than 50 new targets, 80% of which yielded total gold resources valued at $6 billion. The Red Lake mine was transformed from a 50,000-ounce producer in 1997 to a 500,000-ounce producer in 2001, while cash costs fell from $360 per ounce to $60 per ounce over this period.

Goldcorp went on to become a star performer, with its share price appreciating at a compound annual rate of 31% between 1993 and 2004. McEwen stepped down from Goldcorp after its high-profile $2.4-billion merger with Wheaton River to focus on junior mining. After acquiring U.S. Gold and expanding its assets, he merged the junior with Minera Andes to create McEwen Mining, a gold, silver and copper producer with projects in Nevada, Mexico and Argentina.

As a philanthropist, McEwen has donated more than $50 million to encourage excellence, innovation and leadership in healthcare and education. He also contributed to the Red Lake Margaret Cochenour Memorial Hospital, the Red Lake Regional Heritage Centre, St. Andrews College Leadership Program, Rumie Initiative and most recently the McEwen School of Architecture at Laurentian University. In addition to an honorary degree from York University, McEwen has received many accolades for his achievements, including Developer of the Year for 2001, Mining Man of the Year for 2002, Most Innovative CEO in 2006, and the Order of Canada in 2
007.


http://www.mining.com/rob-mcewen-inducted-into-canadian-mi…
Antwort auf Beitrag Nr.: 54.164.285 von orofino1 am 25.01.17 17:13:09:cool:

... wer sich etwas eingehender mit dieser Firma befasst stellt bald fest das hier nichts von "fernhalten " zu reden ist, genau das Gegenteil ist doch der Fall. Die Firma steht sehr gut da und wächst, gehört zu den Topinvestments im Gold/Silbersektor. Aber entscheiden soll ja jeder wie er meint...
Antwort auf Beitrag Nr.: 54.159.863 von Antarius am 25.01.17 10:45:53fernzuhalten;)
Nur mal so zur Erinnerung und Erheiterung, was "Experten" so an "Prognosen" und einfach Unsinn von sich geben:
http://www.wallstreet-online.de/nachricht/9135012-mcewen-min…
McEwen Mining ist der Liebling der SPEKULANTEN!
Gastautor: Robert Sasse
30.11.2016

Liebe Leser, wer extreme Kursbewegungen liebt, der findet bei McEwen genau die richtige Aktie. Das Papier konnte sich in der Vergangenheit schon innerhalb von Monaten um 600 Prozent im Wert steigern. Dass derart heftige Gewinne kein Garant für die langfristige Entwicklung sind, zeigen aber Korrekturen, die sich auf einem ähnlichen Niveau abspielen. Momentan befindet sich McEwen in einer eher ruhigen Phase, doch der nächste Paukenschlag dürfte nur eine Frage der Zeit sein. In welche Richtung geht es mit der Aktie jetzt? Weiter im Abwärtskanal! Aktuell befindet sich McEwen Mining noch immer in einer Phase der Korrektur, die jetzt schon seit Monaten anhält. In den letzten 12 Wochen belaufen die Kursverluste sich auf satte 25 Prozent. Mit sinkenden Rohstoffpreisen ist nicht davon auszugehen, dass sich an dieser Lage allzu schnell etwas ändert. Erst heute fällt der Goldpreis unter die Marke von 1.180 USD, was alles andere als gute Signale an Anleger von Rohstoffaktien sendet. Es ist deshalb nur zu empfehlen, sich von McEwen Mining festzuhalten, wenn man nicht gerade ein hochspekulativer Anleger ist, der über starke Nerven verfügt und sich im Zweifel über hohe Verluste nicht allzu sehr ärgert.
...
"Es ist deshalb nur zu empfehlen, sich von McEwen Mining festzuhalten, ...

da hat er sich wohl auch noch in der Eile seines Dahingeschmieres verschrieben:
"sich von McEwen Mining festzuhalten"
soll wohl heißen "sich .. zu trennen"

geschrieben am 30.11.2016, da stand der Aktienkurs bei :
2,83 us$
jetzt bei:
3,95 us$

= + 1,12 us$
= ca. + 40%!




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