| Mag Silver reports 2Q loss | |
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VANCOUVER, British Columbia (AP) _ Mag Silver Corp. (MVG) on Friday reported a loss of $2.1 million in its second quarter.
The Vancouver, British Columbia-based company said it had a loss of 3 cents per share.
Mag Silver shares have declined slightly more than 4 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $7.80, a fall of 17 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MVG at http://www.zacks.com/ap/MVG
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Keywords: Mag Silver, Earnings Report
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MAG Silver Corporation
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EXPLORATION STAGE |
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CODE : MAG.TO |
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ISIN : CA55903Q1046 |
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MAG Silver is a silver development stage company based in Canada. MAG Silver holds various exploration projects in Mexico. Its main exploration properties are GUIGUI, SELLO, LAGARTOS, BATOPILLAS, NUEVO MUNDO, SIERRA RAMIREZ, CINCO DE MAYO and JUANICIPIO in Mexico. MAG Silver is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.1 billions as of today (US$ 909.2 millions, € 796.4 millions). Its stock quote reached its lowest recent point on August 13, 2004 at CA$ 0.54, and its highest recent level on October 12, 2023 at CA$ 14.08. MAG Silver has 80 760 000 shares outstanding. |