Aug. 11 at 11:26 AM
$MAG
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MAG reported record net income of
$33,444 (
$0.32 per share) and adjusted EBITDA1 of
$56,442, driven by income from Juanicipio (equity accounted) of
$42,091 and MAG’s attributable interest in Juanicipio adjusted EBITDA of
$63,221.
During April 2025, Juanicipio returned a total of
$61,500 to MAG:
$59,400 as a second dividend payment, and
$2,100 in interest and loan principal repayments.
MAG’s second dividend payment of
$0.20 per share (fixed component of
$0.02 per share
On August 8, 2025 MAG declared its third dividend, of
$0.144 per share (fixed component of
$0.02 per share and additional cash flow
A total of 342,515 tonnes of ore at a silver head grade of 417 grams per tonne (“g/t”) (equivalent silver head grade2 of 661 g/t) was processed at Juanicipio.
Silver recovery of 94.6% at Juanicipio, up from 92.4% in Q2 2024, reflecting the benefit from ongoing optimizations in the processing plant.