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MAG Silver: Impressive Juanicipio Q2 Due To Higher Grades And Strong Metal Prices
MAG Silver Corp. owns 44% of Juanicipio, which has seen strong operational performance and an impressive financial result in Q2 2024. Juanicipio produced 5.0Moz of silver in Q2 with a silver equivalent cash cost of $8.86/oz, leading to an upward revision of the 2024 guidance. MAG Silver reported an adjusted EBITDA of $50M, net income of $22M, and free cash flow of $21M in Q2 2024, with a debt-free status and $97M in cash.
Seekingalpha | 1 year ago
Will MAG Silver (MAG) Beat Estimates Again in Its Next Earnings Report?
MAG Silver (MAG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Zacks | 1 year ago
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