McEwen Mining (MUX -2%) is initiated with a Buy rating and $3.75 price target at Stifel...

|About: McEwen Mining Inc. (MUX)|By:, SA News Editor

McEwen Mining (MUX -2%) is initiated with a Buy rating and $3.75 price target at Stifel Nicolaus, which says MUX is entering a period of accelerated production growth from a recent 10% increase in throughput capacity at its San Jose mine, ramping up of gold production from El Gallo Phase I, and development of both El Gallo Phase II and Gold Bar.