MAG Silver's 2024 financial year was a success, with a full production start-up at the Juanicipio mine in Mexico. The joint venture achieved 18.6 million ounces of silver production, contributing to net earnings of USD 77.8 million. Technological improvements increased silver recoveries from 87% to 93%. MAG Silver introduced a dividend for the first time and is positioning itself as an attractive investment in the silver sector. As silver is on the verge of breaking out, we remain positive on MAG Silver and have higher price targets for this company.
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