MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) 2024 production guidance increased following H1's outperformance, noted a BMO Capital Markets research note.
Better totals, grades, throughput and recoveries were achieved at this miner's only producing mine, noted a BMO Capital Markets report.
Production, revenue and costs all were better than expected, BMO Capital Markets noted.
Both total and silver production beat estimates at the Mexico operation of this Outperform-rated company, noted a BMO Capital Markets report.
The just-released report removes market uncertainty about the project, noted a BMO Capital Markets report.
Mag Silver's fourth-quarter earnings per share beat the estimates of BMO Capital Markets analyst Kevin O'Halloran, according to a March 19 research note.
The quarterly operational results overall, all from the firm's joint venture mine in Mexico, were in line with forecasts, noted a BMO Capital Markets report.
This payment follows the Mexican silver mining operation transitioning to sole use of its own new processing plant and reaching nameplate production capacity, noted a BMO Capital Markets report.
Now that its processing plant in Mexico is nearing nameplate capacity, BMO Capital Markets reinstated coverage on this company, which it says has "strong cash flows on the way."