2023-03-27 07:30:46 ET
- MAG Silver press release ( NYSE: MAG ): FY GAAP EPS of $0.18 misses by $0.08 .
- As at December 31, 2022, MAG had working capital of $29,232 (December 31, 2021: $57,761) including cash of $29,955 (December 31, 2021: $56,748) and no long-term debt. As well, as at December 31, 2022, Juanicipio had a negative working capital of $1,395 including cash of $1,102 (MAG’s attributable share is 44%).
- Pre-commercial production revenue (net of treatment and processing costs) totaled $215,736, less $61,985 in mining and transportation costs, and $20,913 in depreciation and amortization, netting $132,838 in gross profit by Juanicipio.
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MAG Silver GAAP EPS of $0.18 misses by $0.08