Resource: Streetwise Reports 04/09/2019
- MAG Silver Corp..
A job update and the firm ’s full-year 2018 financials have been assessed in an H.C. Wainwright & Co. report.
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The difference was because of an uptick in interest , in addition to a $4.3 million profit, net of costs, from the sale of some assets.
Neither the research analyst nor the Business has any material conflict of interest in of which the research analyst knows or has reason to be aware at the time of publication of this research report.
1) Doresa Banning compiled this post for Streetwise Reports LLC and supplies services to Streetwise Reports as an independent contractor. Members of her household or she own securities of the following companies mentioned in the post: Not one. Members or her of her family are compensated by the following companies mentioned in this article: None.
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3) Opinions and opinions expressed are those of their specific experts rather than of Streetwise Reports or its officers. The information supplied above is for informational purposes only and isn’t a recommendation.
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None of the study analysts or the researcher’s household has a financial interest in the securities of MAG Silver Corp. (such as, without limit, any option, right, justify, future, long or short position).
Also taking place is continuing exploration. “Together with five drill rigs found in the site with a different rig anticipated to begin turning creating and exploring the Juanicipio property remains a priority to the company,” Ihle pointed out.
From The Gold Report
The Company or its affiliates didn’t receive compensation out of MAG Silver Corp. for investment banking services within several months before, but will look for compensation from the companies discussed in this report for investment banking services within three months following publication of their research report.
Cash and cash equivalents at year-end 2018 were 130.2 million, lower than $160.4 million at year-end 2017, due to no term deposits with been redeemed throughout the year.
The research analyst principally responsible for preparation of the report doesn’t receive compensation that is based upon any particular investment banking services or trade but is compensated based on factors including overall revenue and sustainability of the Business, a significant portion of which is derived from investment banking services.
The Firm does not create a market in MAG Silver Corp. due to their date of the analysis report.
The production start date for Juanicipio is sometime in H2/20. Yet before production could start, MAG and Fresnillo should accept the feasibility study. Both companies are reviewing it. We believe the record should be approved by both boards,” commented Ihle.
( Firms Disclaimer: MAG:TSX; MAG:NYSE.MKT,
Progress is being made related to development s Fresnillo Trend. Thus far, more than 18.5 kilometers of underground development have been finished. Current work involves installing the conveyor slide between the mine and mill site, building the crushing chamber, extending three inner spiral footwall ramps across the whole strike length of the Valdecañas vein system and incorporating other infrastructure.
H.C. Wainwright & Co., LLC and its associates, officers, directors, and employees, excluding its analysts, will from time to time have long or short positions in, act as principal in, and purchase or sell, the securities or derivatives (including options and warrants) thereof of covered companies referred to in this study report.
H.C. Wainwright includes a Buy rating and a US$16.50 per share target price on MAG Silver, whose stock is trading currently at about US$10.40 per share.