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MAG Silver: Q4 Earnings Snapshot

MAG Silver: Q4 Earnings Snapshot

By AP News
Published - Mar 19, 2024, 07:24 AM ET
Last Updated - Mar 19, 2024, 07:24 AM EDT

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — MAG Silver Corp. (MAG) on Tuesday reported fourth-quarter earnings of $15.7 million.

The Vancouver, British Columbia-based company said it had net income of 14 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

For the year, the company reported profit of $48.7 million, or 47 cents per share.

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