Welcome to our dedicated page for Mag Silver news (Ticker: MAG), a resource for investors and traders seeking the latest updates and insights on Mag Silver stock.
MAG Silver Corp (MAG) is a leading explorer and producer focused on high-grade silver mining projects across the Americas. This page aggregates all official company announcements, press releases, and operational updates for investors tracking precious metals sector developments.
Access timely information on MAG Silver's exploration progress, joint venture milestones, and production results from key assets like the Juanicipio mine. The curated news feed covers earnings reports, resource estimates, leadership updates, and strategic partnerships critical for evaluating the company's performance.
All content is sourced directly from MAG Silver's disclosures and verified third-party coverage. Bookmark this page to monitor Mexico-focused silver mining operations, project expansions, and industry developments through a single authoritative channel.
MAG Silver Corp. announced its Q1 2024 financial results, highlighting strong performance from the Juanicipio project. Key figures include a net income of $14.9M ($0.14 per share) and adjusted EBITDA of $32.4M. The Juanicipio mine processed 325,683 tonnes of ore, producing 4.5M ounces of silver and 6.4M silver equivalent ounces. Operating cash flow was $42.5M, with free cash flow at $27.8M. Mineral resources saw a 33% increase, with the new technical report showing an after-tax NPV of $1.2B. The company also acquired the Goldstake property and continued its Phase 3 drilling at the Deer Trail Project.
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