MCEWEN mining stock hit $20.75 million in Q2 2017 July 27, 2021 July 27, 2021 admin

The stock of Mcewen, the world’s largest copper miner, surged in the second quarter of 2017 to $20 million, according to data compiled by Axios.

The stock, which includes miners Mclaren, Westmines and Mclaranes, had previously fallen to about $20,000 a share. 

Mclaren is one of the biggest mining companies in the world.

Mclaree’s stock is up 20 percent this year and it’s up 40 percent over the past year.

The Mclares stock has been surging since President Donald Trump won the election and he promised to put a halt to the company’s stock price declines. 

The Mclaires stock surged after Trump said he would pull out of the Paris climate agreement.

He also said that the company would not move ahead with the construction of the Keystone XL pipeline. 

“The stock’s gone up a lot, it’s going to be in the neighborhood of $40 million a share by the end of the year, and it just continues to get bigger,” said Mark Denniston, chief investment officer at FirstEnergy Capital Advisors. 

There’s a lot of demand for Mclands copper in the U.S. and overseas. 

On Tuesday, the company said it was expanding its production capacity in China and other Asian markets. 

As a result of the trade dispute with China, Mcland’s stock dropped last year. 

In addition to Mclaris stock, FirstEnergy’s Dennis said Mclarias stock rose after Trump announced his intention to withdraw from the Paris agreement. 

Denniston said the stock rose because there’s a growing appetite for mining copper in China. 

FirstEnergy invested in Mclarest stock in the year and has seen its value rise over the years. 

Other companies that have been hit by the Trump administration include: Goldman Sachs, Wells Fargo, PNC Financial Services and JPMorgan Chase. More: