McEwen Inc. (MUX) surged 20.40 percent to $13.91 on Tuesday, adding $2.36 after Inventus Mining, a company associated with McEwen, announced it had received a pre-payment for a portion of estimated recoverable gold from its 007 North bulk sample at the Pardo Gold Project in Ontario.
The stock opened at $12.60 and traded between $12.51 and $13.94, compared with a previous close of $11.55 on the New York Stock Exchange. Trading volume reached 4.86 million shares, sharply higher than the average of 930,687.
McEwen now sits at the top of its 52-week range of $6.38 to $13.94, boosted by the gold pre-payment development.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.