NYSE:MUXMetals and Mining
McEwen Expands Nevada Gold Bar Hub With Golden Lake Acquisition
McEwen (NYSE:MUX) has entered into a definitive agreement to acquire Golden Lake Exploration.
The deal adds Golden Lake's projects adjacent to McEwen's Gold Bar Mine Complex in the Eureka Mining District in Nevada.
The transaction is intended to consolidate McEwen's position around its existing operations at the Gold Bar Mine.
For you as an investor, this move comes after a sharp share price run, with McEwen at $24.15 and up 193.1% over the past year and 286.4% over 3 years. The stock is...