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Press release content from Globe Newswire. The AP news staff was not involved in its creation. McEwen Mining Announces Fox Complex Growth Funding Secured by Registered Direct Offering McEwen MiningFebruary 5, 2021 GMT TORONTO, Feb. 05, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (the “Company” or “McEwen”) (NYSE and TSX: MUX), announces an oversubscribed registered direct offering with several existing and new institutional investors for the sale of an aggregate of 30,000,000 shares of common stock at a purchase price of $1.05 per share (the “Offering”). “The timing of this off...

Author Bio Reuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls. What happened By 11 a.m. EST today, shares of precious metals miner Silvercorp Metals (NYSE:SVM) had fallen as much as 18%. And it was hardly alone. Fortuna Silver Mines (NYSE:FSM) was off by 17% at its worst point in the first 90 minutes of trading. McEwen Mining's (NYSE:MUX) nadir was roughly 16%. But that's just three names in what was a broader industry sell-off. For example, at its lows Pan American Silver (NASDAQ:PAAS) was off by 13%. Fury ...

Last week’s top-gaining stocks on the TSX were Tanzanian Gold, McEwen Mining, First Majestic Silver, Gran Tierra Energy and Almaden Minerals.  The S&P/TSX Composite Index (INDEXTSI:OSPTX) began last week at 17,835.32, but ultimately closed lower on Friday (January 29) at 17,346.85. Vaccine rollout concerns pushed the index down, but losses were offset by gains in silver and gold prices. On Friday, silver continued to rally after members of the Reddit forum WallStreetBets urged investors to pile into the precious metal to trigger a short squeeze. EXCLUSIVE! Who's Manipulating Silver And Why...

Most-Shorted Companies Resume Surge In Premarket (SPY +1.0%). Biggest premarket movers: Tesla, CureVac, Otis Worldwide. Airlines cancel most NYC-area flights. Here is the current market situation from CNN Money European markets are mixed today. The DAX is up 1.43% while the FTSE 100 gains 1.07%. The CAC 40 is off 2.02%. What Is Moving the Markets Here are the headlines moving the markets. Will U.S. Shale Finally Reward Shareholders? U.S. oil prices above $50 a barrel are helping the shale patch to generate more cash flow, especially after the massive capital spending cuts last year. But hi...

Pan American Silver +16%, Wheaton Precious +12% European silver miners also soared on Monday led by Fresnillo, which rose as much as 17%, most since March; other exposed miners rise: Polymetal +6%, Hochschild Mining +17%. Elsewhere, China Silver Group Ltd. rose as much as 63% in Hong Kong, while Australia's Silver Mines Ltd. gained as much as 49%. Trying to pour cold water on the second biggest one-day move in silver this century - because let's face it, getting silver to move up by 10% is far more difficult than getting a low float, super squeezed stock like GME to soar by 1600% - Ipek Ozka...