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 last results from two of the Canadian explorer's Alaska properties indicate drilling was "a technical success," noted a Red Cloud Securities report.
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.
The delay by the U.S. Forest Service is minor, but the mining company will likely have to secure additional funds to see the process to completion, noted a Cantor Fitzgerald report.
This is expected to come on the heels of the Canadian silver producer resuming operations after a nearly three-month halt during Q3/23, noted a Red Cloud Securities 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.
This is impressive given that ore processing was shifted to entirely the new plant at the Mexico project during the quarter, noted a PI Financial report.
Further drill results could catalyze the owner company's stock, as early as this year because the release of some is imminent, noted a Red Cloud Securities report.