07:33 AM EDT, 03/19/2024 (MT Newswires) -- MAG Silver Corp. ( MAG ) reported Tuesday a 2023 EPS of US$0.47, rising year over year from US$0.18.

The company said its 44% attributable income from the Juanicipio mine totaled US$65.1 million, increasing from US$40.8 million a year ago. Sales jumped to US$442.3 million from US$215.7 million.

Adjusted EBITDA was US$97.5 million, increasing from US$56.2 million in the previous year.

The Juanicipio mine produced 4.5 million ounces of silver in the fourth quarter, bringing the 2023 total to 16.8 million ounces.

The company lost 2.4% yesterday.