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MAG Silver (MAG Silver) Ending Cash Position : $68.71 Mil (As of Dec. 2023)


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What is MAG Silver Ending Cash Position?

MAG Silver's Ending Cash Position for the quarter that ended in Dec. 2023 was $68.71 Mil.

MAG Silver's quarterly Ending Cash Position increased from Jun. 2023 ($52.66 Mil) to Sep. 2023 ($58.52 Mil) and increased from Sep. 2023 ($58.52 Mil) to Dec. 2023 ($68.71 Mil).

MAG Silver's annual Ending Cash Position declined from Dec. 2021 ($56.75 Mil) to Dec. 2022 ($29.96 Mil) but then increased from Dec. 2022 ($29.96 Mil) to Dec. 2023 ($68.71 Mil).

MAG Silver Ending Cash Position Historical Data

The historical data trend for MAG Silver's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MAG Silver Ending Cash Position Chart

MAG Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.36 94.01 56.75 29.96 68.71

MAG Silver Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.96 54.61 52.66 58.52 68.71

MAG Silver Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

MAG Silver's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=29.955+38.752
=68.71

MAG Silver's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=58.519+10.188
=68.71

MAG Silver Ending Cash Position Related Terms

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MAG Silver (MAG Silver) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAG Silver Corp (AMEX:MAG) » Definitions » Ending Cash Position
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Traded in Other Exchanges
MQ8:Germany MQ8:Germany MAG:Canada
Address
800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6
Website
https://www.magsilver.com
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.