Jones Collombin Investment Counsel Inc Exits Position in McEwen Mining Inc (MUX)

McEwen Mining Inc (MUX) : Jones Collombin Investment Counsel Inc has sold out all of its stake in McEwen Mining Inc during the most recent quarter, according to the disclosure filed by the company on Oct 17, 2016 with the SEC. The investment management company has sold out 600 shares of McEwen Mining Inc which is valued at $1,950.

Other Hedge Funds, Including , Howe Rusling Inc added MUX to its portfolio by purchasing 10,094 company shares during the most recent quarter which is valued at $32,806. McEwen Mining Inc makes up approx 0.01% of Howe Rusling Inc’s portfolio. Msi Financial Services Inc added MUX to its portfolio by purchasing 277 company shares during the most recent quarter which is valued at $931.One Capital Management reduced its stake in MUX by selling 12,147 shares or 53.2% in the most recent quarter. The Hedge Fund company now holds 10,684 shares of MUX which is valued at $33,868. McEwen Mining Inc makes up approx 0.01% of One Capital Management’s portfolio. Cutler Group Lp added MUX to its portfolio by purchasing 3,700 company shares during the most recent quarter which is valued at $12,321. Simplex Trading sold out all of its stake in MUX during the most recent quarter. The investment firm sold 3,998 shares of MUX which is valued $12,954.

McEwen Mining Inc closed down -0.11 points or -3.27% at $3.25 with 24,31,241 shares getting traded on Friday. Post opening the session at $3.27, the shares hit an intraday low of $3.22 and an intraday high of $3.39 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

McEwen Mining Inc. is a mining and minerals exploration company. The Company is focused on precious and base metals in Argentina Mexico and the United States. Its operating segments include Argentina Mexico and the United States. It has a land position consisting of mining claims leases of mining claims or concessions of around 814 square miles in Argentina 697 square miles in Mexico and 241 square miles in Nevada. It holds around 49% interest in Minera Santa Cruz S.A. (MSC) owner and operator of the producing San Jose mine in Santa Cruz Argentina which is controlled by the majority owner of the joint venture Hochschild Mining plc (Hochschild). It also owns the El Gallo 1 gold mine in Sinaloa Mexico. In addition to its operating properties it also holds interests in numerous exploration stage properties and projects in Argentina Mexico and the United States including the Gold Bar (Gold Bar) and Los Azules (Los Azules) projects.

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