McEwen Mining Provides Update on NYSE Listing

Go back to McEwen Mining Provides Update on NYSE Listing

Mcewen Mining (MUX) Issues Update on NYSE Listing; Says Progress Has Been Made

November 25, 2015 3:04 PM UTC

Mcewen Mining (NYSE: MUX) would like to update investors on our plans to regain compliance with the New York Stock Exchange (NYSE) minimum share price requirement. The NYSE stipulates that the average closing price of a listed company's stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was advised on July 1, 2015 that it no longer met this requirement.

"We've made good progress in a difficult market. This year we strengthened our balance sheet, increased production, and decreased our costs," said Rob McEwen,... More