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MAG SILVER CORP. T.MAG

Alternate Symbol(s):  MAG

Metals & Mining Silver
MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp.


TSX:MAG - Post by User

MAG SILVER CORP. > Press release
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Post by Retiredgeoon Mar 19, 2024 7:13am
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Post# 35939948

Press release

Press releaseThe big take away is that they made $48 million USD in profit in 2023 (a partial year of full production) and now have a bank balance of $67 million USD and no debt (this does not include their 44% interest in the Juanaciupio mine balance).  They should make another $70+ million in profit in 2024.
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