Mcewen Mining Inc. (NYSE: MUX) (TSX: MUX) Shines In The Basic Materials Sector


(MENAFN- Investor Brand Network) McEwen Mining (NYSE: MUX) (TSX: MUX)
has been a standout performer in the
Basic Materials sector
this year, showcasing a remarkable growth trajectory that has caught the attention of investors and analysts alike. With a year-to-date stock price increase of approximately
51% , MUX has significantly outpaced the average performance of its sector peers, which have seen an average decline of about
2.7% . This impressive growth is not just a number but a testament to the company's resilience and potential for future gains.

The surge in MUX's stock price is further bolstered by a substantial upward revision in earnings estimates. Over the past quarter, the Zacks Consensus Estimate for MUX's full-year earnings has jumped by 67.7% , painting a picture of a company on the rise. This optimistic outlook is reflected in its Zacks Rank of...

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NOTE TO INVESTORS:
The latest news and updates relating to MUX are available in the company's newsroom at

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