McEwen Mining: Buy The Strength

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About: McEwen Mining Inc. (MUX)
by: Josh Rudnik
This article is exclusive for subscribers.
Josh Rudnik
Portfolio strategy, hedge fund manager, long/short equity
Summary

MUX us breaking out higher.

Management is focusing on production efficiency.

I am buying stock in this name.

McEwen Mining (MUX) is breaking out higher on optimism surrounding its operational improvements. Management is experimenting with innovative production methods that aim to reduce costs and leverage its returns to a move higher