MAG Silver Corp. (MAG:TSX; MAG:NYSE American) posts a strong first quarter, declares a second dividend and announces continued exploration work at its three projects, noted a National Bank of Canada report.
After announcing its inaugural divided last month, MAG Silver Corp. (MAG:TSX; MAG:NYSE American) releases production results from its Juanicipio joint venture (JV) in Mexico for the first quarter of 2025. One analyst noted that silver recoveries there have "stabilized at a world-class level."
The monies received from its joint venture project allow the producer to return cash to its shareholders, the National Bank of Canada noted.