MAG Silver (MAG) Q1 Earnings Beat Estimates, Increase Y/Y
MAGMAG Silver (MAG) Zacks Investment Research·2024-05-15 02:05

MAG Silver Corp. (MAG) reported adjusted earnings per share of 14 cents for first-quarter 2024, which surpassed the Zacks Consensus Estimate of 10 cents. The figure marked a solid improvement of 180% from the earnings of 5 cents per share reported in the year-ago quarter attributed to higher metal volumes and realized metal prices. The net income was 14.9millioncomparedwith14.9 million compared with 4.7 million in the first quarter of 2023. MAG Silver’s principal asset is the Juanicipio Project in Zacatecas, Mexico. The company ...