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Last updated: 1 October 2020 at 7:05pm EST

Allen Ambrose Net Worth




The estimated Net Worth of Allen V Ambrose is at least $5.66 Million dollars as of 16 May 2018. Mr. Ambrose owns over 19,230 units of McEwen Mining Inc stock worth over $3,960,957 and over the last 13 years he sold MUX stock worth over $1,698,000. In addition, he makes $0 as Independent Director at McEwen Mining Inc.

Mr. Ambrose MUX stock SEC Form 4 insiders trading

Allen has made over 3 trades of the McEwen Mining Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 19,230 units of MUX stock worth $39,998 on 16 May 2018.

The largest trade he's ever made was exercising 634,500 units of McEwen Mining Inc stock on 1 February 2012 worth over $2,125,575. On average, Allen trades about 79,478 units every 191 days since 2012. As of 16 May 2018 he still owns at least 451,134 units of McEwen Mining Inc stock.

You can see the complete history of Mr. Ambrose stock trades at the bottom of the page.





Allen Ambrose biography

Allen V. Ambrose serves as Independent Director of the Company. Mr. Ambrose has over three decades of experience in the mining industry, including work with large companies as well as junior exploration companies. A founder of Minera Andes Inc., he was a director from November 1995 until its combination with McEwen Mining in January 2012. Mr. Ambrose also served as President and Chief Executive Officer of Minera Andes from 1995 until June 2009. Mr. Ambrose has extensive experience in all phases of exploration, project evaluation and project management, and has worked as a geologic consultant in the United States (US) and South America. As a consultant, he was a co-discoverer of a Venezuelan auriferous massive gold sulfide deposit acquired by Gold Reserve Corporation, and known generally as the Brisas deposit. He formerly was employed as exploration manager for N.A. Degerstrom Inc., a US contract mining company, and has worked as a geologist for Cyprus Minerals, Kidd Creek Mines, Molycorp, Boise Cascade and Denison Mines. He holds a B.Sc. in Geology from Eastern Washington University and attended graduate school. The Board believes that Mr. Ambrose' experience as a geologist, significant understanding and experience with our Argentine assets, and knowledge of the mining industry provide the requisite skills and qualifications to serve as a member of our Board.



How old is Allen Ambrose?

Allen Ambrose is 63, he's been the Independent Director of McEwen Mining Inc since 2012. There are 8 older and 14 younger executives at McEwen Mining Inc. The oldest executive at McEwen Mining Inc is Richard Brissenden, 75, who is the Independent Director.

What's Allen Ambrose's mailing address?

Allen's mailing address filed with the SEC is C/O MCEWEN MINING INC., 150 KING STREET WEST, SUITE 2800, TORONTO, A6, A6 M5H 1J9.

Insiders trading at McEwen Mining Inc

Over the last 13 years, insiders at McEwen Mining Inc have traded over $2,660,356 worth of McEwen Mining Inc stock and bought 7,048,059 units worth $3,031,106 . The most active insiders traders include Ontario Inc.Mc Ewen Robert ..., Robert Ross2190303 Ontario ..., and Robert Ross Mc Ewen. On average, McEwen Mining Inc executives and independent directors trade stock every 51 days with the average trade being worth of $1,227,865. The most recent stock trade was executed by Carmen L Diges on 21 June 2024, trading 17,066 units of MUX stock currently worth $161,103.



What does McEwen Mining Inc do?

the goal of mcewen mining is to qualify for inclusion in the s&p 500 by creating a high growth gold producer focused in the americas. mcewen mining's principal assets consist of the san josé mine in santa cruz, argentina (49% interest); the el gallo complex in sinaloa, mexico; the gold bar project in nevada, us; the los azules project in san juan, argentina and a large portfolio of exploration properties in argentina, mexico and nevada. mcewen mining has 297,417,091 shares issued and outstanding at august 7, 2014. rob mcewen, chairman, president and chief owner, owns 25% of the shares of the company (assuming all outstanding exchangeable shares are exchanged for an equivalent amount of common shares). as of june 30, 2014 mcewen mining had cash and liquid assets of approximately us$16.6 million.



What does McEwen Mining Inc's logo look like?

McEwen Mining Inc logo

Complete history of Mr. Ambrose stock trades at McEwen Mining Inc

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
16 May 2018 MUX McEwen Mining Inc Allen V Ambrose
Buy 19,230 $2.08 $39,998
16 May 2018
451,134 ↗
6 Feb 2012 MUX McEwen Mining Inc Allen V Ambrose
Sale 300,000 $5.66 $1,698,000
6 Feb 2012
334,500 ↗
1 Feb 2012 MUX McEwen Mining Inc Allen V Ambrose
Option 634,500 $3.35 $2,125,575
1 Feb 2012
634,500 ↗


McEwen Mining Inc executives and stock owners

McEwen Mining Inc executives and other stock owners filed with the SEC include: