Day: November 12, 2024

MAG Silver Reports Third Quarter Financial Results

MAG Silver Corp. reported robust financial results for Q3 2024, driven by strong performance at the Juanicipio mine, where it holds a 44% stake. Net income was $22.3 million ($0.22 per share), supported by Juanicipio’s silver production of 4.9 million ounces and equivalent production of 7.1 million ounces. Additionally, MAG entered an exploration agreement with Apollo Silver for the Cinco de Mayo project.

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