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MAG SILVER CORP. T.MAG

Alternate Symbol(s):  MAG

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

Post by Retiredgeoon May 16, 2024 3:14pm
88 Views
Post# 36044046

Share buy back

Share buy backcan begin tomorrow.

They will be buying back ~5,149,000 shares on the TSX over ~255 trading days = ~20,000 shares/day.

They are limited to a max of ~66,000 any one day.

They will be buying back the same amount on the NYSE.

In my opinion this is the reason for the rally over the last two days.  Hopefully, it will continue.
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