MAG Silver (TSE:MAG) has released an update.
MAG Silver Corp. reported a significant increase in net income to $14,895,000 for the first quarter of 2024 compared to $4,713,000 in the same period last year. This financial performance was bolstered by income from equity accounted investments in Juanicipio, along with general and administrative efficiencies. The company also saw a rise in total assets from $520,530,000 at the end of 2023 to $538,105,000 as of March 31, 2024.
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