Advertisement
UK markets close in 4 hours 25 minutes
  • FTSE 100

    8,118.72
    +39.86 (+0.49%)
     
  • FTSE 250

    19,829.75
    +227.77 (+1.16%)
     
  • AIM

    755.50
    +2.38 (+0.32%)
     
  • GBP/EUR

    1.1662
    +0.0006 (+0.05%)
     
  • GBP/USD

    1.2514
    +0.0003 (+0.03%)
     
  • Bitcoin GBP

    51,240.37
    +513.74 (+1.01%)
     
  • CMC Crypto 200

    1,385.22
    -11.31 (-0.81%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CRUDE OIL

    84.08
    +0.51 (+0.61%)
     
  • GOLD FUTURES

    2,360.20
    +17.70 (+0.76%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,050.35
    +133.07 (+0.74%)
     
  • CAC 40

    8,040.16
    +23.51 (+0.29%)
     

Why This $1 Gold Stock Popped 15% Today

Why This $1 Gold Stock Popped 15% Today

Shares of McEwen Mining (NYSE: MUX) zoomed today, closing Monday up 15.2%. On July 6, McEwen Mining created a subsidiary called McEwen Mining Copper to create a pure-play copper company to primarily develop its Los Azules copper mine in Argentina, and announced its plan to raise $80 million through a private offering of shares. McEwen Mining eventually intends to launch an IPO for McEwen Mining Copper within 12 months of closing the share sales.