MAG Silver

MAG Silver Corp. operates as a Canadian development and exploration company, which focuses on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Its principal focus and asset is the Juanicipio Project (44%), being developed with Fresnillo Plc (56%), the Operator. The project is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp, where the Juanicipio shareholders are currently developing an underground mine and constructing a 4,000 tonnes per day processing plant. MAG is also exploring at the Deer Trail 100% earn-in project in Utah. The company was founded by Peter Kenneth McNeill Megaw, Frank R. Hallam and Michael R. Jones on April 21, 1999 and is headquartered in Vancouver, Canada.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

VANCOUVER, British Columbia, May 14, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) today announced that it has filed a preliminary short form base shelf prospectus (the “Preliminary Shelf Prospectus”) with the securities commissions in all of the provinces and territories of Canada. A corresponding registration statement on Form F-10 will be filed with the United States Securities and Exchange Commission (the “SEC”) under the United States Securities Act of 1933, as amended and the U.S./Canada Multijurisdictional Disclosure System (the “Registration Statement”) at the time of filing of the final short form base shelf prospectus (the “Final Shelf Prospectus” and, together with the Preliminary Shelf Prospectus, the “Prospectus”).

Mag Silver Announces Filing of Preliminary Base Shelf Prospectus

MAG Silver (MAG) reports solid improvement in both its top and bottom lines on the back of an increase in metal sales volumes and realized metal prices.

MAG Silver (MAG) Q1 Earnings Beat Estimates, Increase Y/Y

VANCOUVER, British Columbia, May 14, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces the Company's unaudited consolidated financial results for the three months ended March 31, 2024 (“Q1 2024”). For details of the unaudited condensed interim consolidated financial statements of the Company for the three months ended March 31, 2024 (“Q1 2024 Financial Statements”) and management's discussion and analysis for the three months ended March 31, 2024 (“Q1 2024 MD&A”), please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus (“SEDAR+”) at (www.sedarplus.ca) or on the Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) at (www.sec.gov).

MAG Silver Reports First Quarter Financial Results

VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) for the first quarter (“Q1”) ended March 31, 2024.

MAG Announces First Quarter 2024 Production From Juanicipio

First Majestic Silver

iShares Silver Trust

Silvercorp Metals

Silver has surged impressively, defying expectations amidst a buoyant economic landscape and optimistic market sentiments. Its recent rally showcases an upward trajectory, with Silver Futures currently trading at $28.09 per ounce, marking an impressive 17% increase year-to-date from the starting point of $23.95.

Silver Soars: Here's How to Gain Exposure

Fortuna Silver Mines

Pan American Silver

The value of silver hit a two-year high this week. Investors no longer expect big rate cuts this year as inflation remains stubbornly high.

Why Silver Stocks Popped This Week

Declares Inaugural Mineral Reserves to Support an Initial 13-Year Life of Mine Plan Declares Inaugural Mineral Reserves to Support an Initial 13-Year Life of Mine Plan

MAG Silver Announces Robust Updated Technical Report for Juanicipio

VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces that it will release results from its updated Juanicipio Technical Report (the “Report”) on Wednesday, March 27, 2024. A conference call will be held to discuss the results of the Report on Wednesday, March 27, 2024 at 8:15 a.m. Eastern Time.

MAG Silver Provides Notice of Updated Juanicipio Technical Report

VANCOUVER, British Columbia, March 19, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces the Company's consolidated financial results for the year ended December 31, 2023. For details of the audited consolidated financial statements of the Company for the year ended December 31, 2023 (“2023 Financial Statements”) and management's discussion and analysis for the year ended December 31, 2023 (“2023 MD&A”), please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus (“SEDAR+”) at (www.sedarplus.ca) or on the Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) at (www.sec.gov).

MAG Silver Reports 2023 Annual Financial Results

MAG Silver (MAG) expects the silver head grade at Juanicipio between 380 g/t and 420 g/t for 2024.

MAG Silver (MAG) Posts Preliminary '24 Outlook for Juanicipio

VANCOUVER, British Columbia, March 05, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, “MAG Silver”, or the “Company”) reports preliminary 2024 guidance for the high-grade Juanicipio Mine jointly owned by Fresnillo plc (“Fresnillo”) (56%) and MAG (44%).

MAG Silver Reports Preliminary 2024 Juanicipio Guidance

MAG Silver's (MAG) Juanicipio project processed 1.27 million tons of mineralized material in 2023, ahead of expectations.

MAG Silver (MAG) Reports Solid Production at Juanicipio

VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) for the fourth quarter (“Q4”) and year ended December 31, 2023.

MAG Announces Fourth Quarter and 2023 Production From Juanicipio

VANCOUVER, British Columbia, Dec. 21, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) is pleased to announce the appointment of Tom Peregoodoff to MAG's Board of Directors effective January 1, 2024.

MAG Announces the Appointment of Tom Peregoodoff to the Board of Directors as Part of Planned Board Succession

(Kitco News) - The silver price is range-bound at around $23 an ounce, but that doesn't dissuade George Paspalas, president and CEO of MAG Silver (TSX:MAG).

When silver breaks out, the move will be 'quite significant' - MAG Silver's George Paspalas

MAG Silver's (MAG) Juanicipio Project achieves nameplate capacity in the third quarter of 2023.

MAG Silver (MAG) Q3 Earnings Miss Estimates, Increase Y/Y

VANCOUVER, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) for the third quarter (“Q3”) ended September 30, 2023. Ramp up of the Juanicipio plant continued to be the focus during the quarter with the plant reaching its target milling rate of 4,000 tonnes per day (“tpd”) in September, marking a step change in performance relative to the comparative quarter and a successful transition to a fully independent producer.

MAG Announces Third Quarter Production From Juanicipio

VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, “MAG Silver”, or the “Company”) is pleased to announce the publication of its second annual Sustainability Report, which underscores MAG's fundamental commitment to transparency with its stakeholders while providing a comprehensive overview of the Company's environmental, social and governance (“ESG”) commitments, practices, and performance for the 2022 year. The 2022 Sustainability Report is supported by the MAG Silver 2022 ESG Data Table, which houses MAG's historical ESG performance data. The 2022 Sustainability Report and ESG Data Table are available on the MAG Silver website at the following link: https://magsilver.com/esg/reports/.

MAG Silver Publishes Second Annual Sustainability Report

VANCOUVER, British Columbia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports results from the final three holes (3,817 m of 10,413 m total) completed in surface-based Phase 2 drilling on its Deer Trail Carbonate Replacement Deposit (“CRD”) Project in central Utah, USA. The three widely separated (up to 2,100 m) holes reported here cut high-grade Gold, Copper-Gold and Silver-Gold-Copper-Lead-Zinc mineralization of distinctly different styles and relative metal abundances (Figures 1, Table 1).

MAG Silver Drills Three New Silver, Gold and Copper Zones at Deer Trail

Avino Silver & Gold Mines

Endeavour Silver

With silver prices gaining lately and the demand for the metal remaining strong, the near-term prospects of the Zacks Mining - Silver industry look upbeat. Stocks like MAG, EXK and ASM are likely to gain from solid growth projects, efforts to improve operational efficiency and lower costs.

3 Silver Mining Stocks to Buy as Prospects Look Bright

VANCOUVER, British Columbia, July 26, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) for the second quarter (“Q2”) ended June 30, 2023. Q2 marked a transformational quarter for Juanicipio. Ramp up of milling activities have been progressing to plan with Juanicipio declaring commercial production during the quarter and achieving increased production of all metals, with the most noteworthy being a 134% increase in silver production relative to the first quarter.

MAG Announces Second Quarter Production From Juanicipio

The consensus price target hints at a 50% upside potential for MAG Silver (MAG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 49.96% Upside in MAG Silver (MAG): Here's What You Should Know

After losing some value lately, a hammer chart pattern has been formed for MAG Silver (MAG), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bears are Losing Control Over MAG Silver (MAG), Here's Why It's a 'Buy' Now

VANCOUVER, British Columbia, June 27, 2023 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports that at its annual general and special meeting (the “AGSM”) held on June 26, 2023, MAG's shareholders (the “Shareholders”) approved by majority: to elect all eight directors standing for election; to re-appoint Deloitte LLP as auditors of the Company; to support the Company's approach to executive compensation; to approve the renewal of the unallocated stock options, rights and other entitlements under the Company's third amended and restated stock option plan (the “Option Plan”); to approve the renewal of the unallocated share units, rights and other entitlements under the Company's amended and restated share unit plan (the “Share Unit Plan”); and to approve the renewal of the unallocated deferred share units, rights and other entitlements under the Company's third amended and restated deferred share unit plan (the “DSU Plan” and together with the Option Plan and DSU Plan, the “Plans”).

MAG Reports AGSM Results

MAG Silver has recently declared commercial production at Juanicipio, slightly ahead of schedule. The stock price has, however, done very poorly and has underperformed the price of silver despite the positive developments with Juanicipio. This has led to an excellent valuation, where MAG Silver looks to be trading with a projected double-digit free cash flow yield.

News for MAG Silver Stock (MAG)